13281 Fletcher Street, Garden Grove, CA 92844
- $1,765,000
- Sold Price
- $1,765,000
- List Price
- $1,800,000
- Closing Date
- Mar 08, 2024
- Status
- CLOSED
- MLS#
- PW23177835
- Year Built
- 1963
- Lot Size
- 10,125
- Acres
- 0.23
- Lot Location
- 2-5 Units/Acre, Yard
- Days on Market
- 149
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
STUNNING FOUR UNIT VALUE-ADD ASSET FOR THE OPPORTUNISTIC INVESTOR • Vintage Garden Grove: This charming 1960s vintage asset features a premier location in the heart of Garden Grove. • Value-Add Potential: The property has huge value-add potential with approximately 23% upside in rents from current to market. • Highly Leasable Unit Mix: These impeccably kept units consist of one 1bd/1ba, two 2bd/1.5ba, and one 3bd/2ba unit: an extremely diverse and highly leasable unit mix. • Other Amenities: The property features 5 garage parking spaces with ample street parking and a spacious front yard. LOCATION HIGHLIGHTS • Desirable Area: The property is well situated in one of the most desirable areas of Garden Grove within close proximity to Disneyland Park, Disney California Adventure Park, Anaheim Convention Center, Angel Stadium, and the Honda Center. • Easily Accessible Location: This asset boasts easy access to Garden Grove Blvd, the SR-39 and CA-22 Freeways.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $105,688
- Operating Expense
- 27130
Listing courtesy of Listing Agent: Everett Wong (ewong@greysteel.com) from Listing Office: Greysteel California, Inc..
Listing sold by Hung Hoang 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.