12611 Morningside Avenue, Garden Grove, CA 92843

$2,575,000
List Price
$2,575,000
Status
ACTIVE
MLS#
PW24088945
Year Built
1961
Lot Size
9,718
Acres
0.22
Lot Location
6-10 Units/Acre
Days on Market
15
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Great Apartment Opportunity in the heart of GARDEN GROVE City. HIGHEST CAP RATE in GARDEN GROVE! Property in excellent condition. Four of 8 units are 1bed/1bath, and Four of 8 units are 2beds/ 1bath. Most of 8 units fully renovated in turnkey condition.Property is well maintained. Units include: tile, newer kitchen cabinet, new appliances, new fixtures, new outlets, newer bathroom, kitchen countertops. All of 8 units Long term Section 8 tenants. Rental income is accurate & guarantee every month!

Additional Information

Taxes
$18,141
Appliances
Convection Oven, Gas Oven, Gas Range
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Roof
Flat
Sewer
Public Sewer
Water
Public
Interior Features
Block Walls
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$189,576
Operating Expense
52068

Listing courtesy of Listing Agent: Jeannie Nguyen (Jeantrng@yahoo.com) from Listing Office: Superior Real Estate Group.

Mortgage Calculator

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Term of Loan
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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.