12551 Nutwood Street, Garden Grove, CA 92840

$2,430,000

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Sold Price
$2,430,000
List Price
$2,445,000
Closing Date
Oct 27, 2025
Status
CLOSED
MLS#
OC25124210
Year Built
1960
Lot Size
12,197
Acres
0.28
Lot Location
6-10 Units/Acre
Days on Market
85
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Other

Property Description

PRICE IMPROVEMENT!! PRIDE OF OWNERSHIP ASSET!! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring within the last year! The exterior has also been renovated with new paint, entry doors, exterior lighting and newer vinyl windows and roof! Each unit is retrofitted with AC units and there is also a renovated laundry room for tenants to utilize. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. There is also ample on-site parking along with street parking.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$198,720
Operating Expense
47964

Listing courtesy of Listing Agent: Ruben Khorsandi (Ruben@AllianceIRE.com) from Listing Office: Alliance Investment RE Group.

Listing sold by Ruben Khorsandi from Alliance Investment RE Group

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Calculator source: Real Geeks

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.