8209 Larson Avenue, Garden Grove, CA 92844

$1,540,000

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Sold Price
$1,540,000
List Price
$1,679,000
Closing Date
Apr 15, 2025
Status
CLOSED
MLS#
PW25043603
Year Built
1965
Lot Size
10,337
Acres
0.24
Days on Market
31
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Other

Property Description

Investor’s dream! Welcome to 8209 Larson Ave, a prime Fourplex in the heart of Garden Grove, offering a rare and lucrative opportunity for steady rental income and long-term growth. Each of the four units features 2 bedrooms and 2 bathrooms, appealing to a wide range of tenants in this high-demand rental market. With No HOA fees, this property maximizes profitability while minimizing overhead costs. Its prime location near Freeway 22, Rodeo 39 Public market, Costco Business center, H-Mart Garden Grove, Target, restaurants, markets, and shopping centers ensures consistent tenant interest and easy commuting. Garden Grove's thriving rental market offers strong occupancy rates and potential for rental increases, making this an ideal buy-and-hold investment. Whether you're looking to expand your portfolio or secure a reliable income stream, this property is a high-yield opportunity you won’t want to miss!

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$91,800
Operating Expense
24200

Listing courtesy of Listing Agent: Khang Nguyen (EdSocalRealtor@gmail.com) from Listing Office: Frontier Realty Inc.

Listing sold by Ngoc Kim Tran from Advance Estate Realty

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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.