12702 Morningside Avenue, Garden Grove, CA 92843

$2,625,000

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Sold Price
$2,625,000
List Price
$2,700,000
Closing Date
May 01, 2025
Status
CLOSED
MLS#
OC25023368
Year Built
1961
Lot Size
10,454
Acres
0.24
Lot Location
6-10 Units/Acre
Days on Market
31
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

We are proud to present 12702 Morningside Ave in Garden Grove, CA. This offering provides investors with the opportunity to acquire a well-located, recently renovated, turnkey property with strong building and curb appeal. Positioned next to Northgate Market Shopping Center and near the busy Westminster Ave and Harbor Blvd intersection, the property offers convenient access to the 22 and 5 Freeways. Originally built in 1961, it underwent significant interior and exterior renovations in 2022-2023. The two-story garden-style walk-up features a slightly pitched roof, an on-site laundry room, covered parking for tenants, and recently separate metering for electricity. Listing Agent has an equity interest in the property. Each unit has been updated with new flooring, quartz countertops, refaced cabinets, upgraded lighting, new kitchen and bathroom sinks, modern bathroom vanities, new stovetop ovens and hoods, and fresh paint. The exterior has also seen substantial upgrades, including new stucco and paint, newly paved asphalt, double-pane vinyl windows, and wall air conditioning. Centrally located between the 22 and 5 Freeways, the property provides convenient access to all of Orange County and is near key destinations such as Main Place Mall, The Outlets at Orange, Disneyland Resort, Disney California Adventure Park, Anaheim Marketplace, and Downtown Santa Ana.

Additional Information

Appliances
Disposal, Gas Oven, Gas Range
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Electric, Wall/Window Unit(s)
Roof
Composition, Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Granite Counters
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$201,600
Operating Expense
59381

Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@matthews.com) from Listing Office: Mark Bridge, Broker.

Listing sold by Sonny Thai from New Empire Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.