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Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22005398
Sold Date 03/22/22
Bedrooms 5
HOA Y/N No
Lot Size 10,019 Sqft
Property Description
Opportunity to own a 3 units in a high rental demand in Garden Grove. This 3 units sitting on a oversize large lot and have room to build a 4th unit per City. With the new SB9 & SB10 law just passed, you may possible to build additional units as ADU so total units possible to build is much more than 4 units. Plenty of parking due to large lot. Rental is still below market rent so there is an opportunity to increase rent if needed.
Opportunity to own a 3 units in a high rental demand in Garden Grove. This 3 units sitting on a oversize large lot and have room to build a 4th unit per City. With the new SB9 & SB10 law just passed, you may possible to build additional units as ADU so total units possible to build is much more than 4 units. Plenty of parking due to large lot. Rental is still below market rent so there is an opportunity to increase rent if needed.
Location
State CA
County Orange
Area Oc - Garden Grove (92841)
Zoning Assessor
Interior
Heating Natural Gas
Exterior
Parking Features Unit1:Assigned
Building
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $2,100
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Ailien Nguyen • Stacey Tran, Broker
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