$1,850,000
$1,875,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 03/09/2021
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW20176410
Sold Date 03/09/21
HOA Y/N No
Year Built 1960
Lot Size 10,018 Sqft
Property Description
We are pleased to offer 12702 Flower Street, an 8-unit apartment building in the in-demand rental market of Garden Grove. This investment opportunity has been well maintained over the years with capital improvements such as complete gas re-pipe (2017) and more recently, all-new bathrooms for every unit that include new tubs, vanities, flooring, toilets and ceiling exhaust fans. Situated on a large lot, tenants enjoy large grassy areas and excellent spacing between neighboring buildings offering an established single-family residential neighborhood feel. Already offering an excellent value-add opportunity through increased rents, a new investor can further increase their equity through continually upgrading interiors. The Flower Street apartments are poised to be an excellent addition to any investor's investment portfolio. *In-Deman Garden Grove Location, * All-New Bathrooms in Every Unit, *Well-Maintained Asset, *Complete Gas Re-Pipe (2017), *(14) On-Site Parking Spaces
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Storm Drain(s), Street Lights
Total Parking Spaces 14
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 08963206
Acceptable Financing Cash, Cash to Existing Loan
Listing Terms Cash, Cash to Existing Loan
Financing Seller Financing
Special Listing Condition Standard
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Bought with Rick Applebaum • Morgan Skenderian