This is an opportunity to acquire an 8-unit apartment in Garden Grove. It has been very well-maintained by the owner and a pride of ownership for the last 20 years. This opportunity consists of eight one-bedroom one-bathroom units, and boasts updated windows, and updates added in the units kitchen and bathrooms. This property offers 16% rental upside with great asset security for any investor looking to own in the ever-growing market of Garden Grove. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. The property has on-site laundry facilities and includes 11 parking spaces, 8 carports, and 3 open parking spaces for tenants. The building is individually metered for electricity and is in an opportunity zone.
Off market
Street View
Price Unknown
12562 Keel Ave, Garden Grove, CA 92843
8beds
8baths
5,050sqft
MultiFamily
Built in 1961
-- sqft lot
$-- Zestimate®
$--/sqft
$3,679 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Appliances
- Included: Dryer, Washer
- Laundry: Laundry Area
Features
- Flooring: Linoleum / Vinyl
Interior area
- Total interior livable area: 5,050 sqft
Property
Parking
- Total spaces: 11
- Parking features: Carport
Lot
- Size: 10,018 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1961
Community & neighborhood
Location
- Region: Garden Grove
Other
Other facts
- Heating: Wall
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- SourceLivingArea: Assessor
- Equipment: Ceiling Fan, Dryer, Washer
- Cooling: Ceiling Fan
- BathroomFeatures: Shower Over Tub, Shower and Tub
- Laundry: Laundry Area
- ParkingGarage: Parking Space, Carport
- BedroomFeatures: WalkInCloset
- CookingAppliances: Built-In Gas
- Windows: Double Pane Windows
- Country: US
- County: Orange
- Flooring: Vinyl
- ListingStatus: Active Under Contract
- ListingArea: Santa Ana North of First
- UnitTypeType: 2106