12881 Fern Street,  Garden Grove CA, 92841 (Residential Income)

4,450 sqft
Status: Backup Offers
MLS#: PW16717790
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Last Updated: 12/5/2016 11:13 PM
Description for 12881 Fern Street Garden Grove, CA 92841
Marcus & Millichap is pleased to present a 4 unit building located in Orange County. The property is located at the corners of Beach Blvd and Garden Grove Blvd in the city of Garden Grove. The location offers high visibility in an area known for its strong tenancy, stable rent growth and a historically high occupancy rate. Built in 1975 and recently renovated, major upgrades. This building has five garages, on-site laundry room, patios and fireplaces. The property consists of 1, three bedroom two bath unit; 2, two bedroom one bath units and 1, two bedroom one and one half bath . This four-unit building in Garden Grove offers a rare investment opportunity for an investor seeking a stable well maintained apartment complex with good cash flow and realistic upside in rents. ***Property to be sold "AS IS"***
Price
$1,250,000
Orange
4,450 (approx)
PW16717790
Backup Offers
Description
Marcus & Millichap is pleased to present a 4 unit building located in Orange County. The property is located at the corners of Beach Blvd and Garden Grove Blvd in the city of Garden Grove. The location offers high visibility in an area known for its strong tenancy, stable rent growth and a historically high occupancy rate. Built in 1975 and recently renovated, major upgrades. This building has five garages, on-site laundry room, patios and fireplaces. The property consists of 1, three bedroom two bath unit; 2, two bedroom one bath units and 1, two bedroom one and one half bath . This four-unit building in Garden Grove offers a rare investment opportunity for an investor seeking a stable well maintained apartment complex with good cash flow and realistic upside in rents. ***Property to be sold "AS IS"***
Listing Information
Property Type: Cluster, 2 Story
0.19 Acres 827,600 sq.ft. 4,450 (approx)
$280.9 1975
Yes- 5 spaces 2
4 Total
Neighborhood
Room Information
Laundry Area
Interior Features
Central Air, Window/Wall Unit
Forced Air
Exterior / Lot Features
5 Garage Spaces, 7 Parking Spaces, Assigned Parking Space
None
No Pool
C2
Gutters, Sidewalks, Street Lights, Curbs Walk
Driving Directions
Beach & Garden Grove
Financial Considerations
13155226
$78,078 Income ,$27,773Expense
Listing Price History

Garden Grove Real Estate

Garden Grove is located in California. Garden Grove, California 92841 has a population of 171,377.

The median household income in Garden Grove, California 92841 is $59,988. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Garden Grove 92841 is 35.4 years.

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Courtesy: Marcus & Millichap Kevin King
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Information is deemed reliable but is not guaranteed.

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