9615 Maureen Drive

    Garden Grove, CA 92841
    • $4,375,000
    • STATUS: Active Under Contract
    • ON SITE: 215 days
    • ID#: NP19034408
    Under Contract
    UPDATED: 27 min ago
    $4,375,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,520
      SQFT
    • $324
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    *FULLY LEASED * **DO NOT WALK ON PROPERTY!** We are proud to present this very clean and well maintained 16 unit building in the city of Garden Grove! Made up of 16 2bd + 1ba units in a strong rental market, this property provides investors with good current income and a solid upside potential. Property is 100% occupied with a pool, carports and laundry room for extra income. Don+GGt miss out on this unique opportunity.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. 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 deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/91813363

    9615 Maureen Drive Garden Grove, CA 92841

    • Price: $4,375,000
    • Status: Active Under Contract
    • Updated: 27 min ago
    • ID#: NP19034408
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    13,520
    SQFT
    $324
    $/SQFT
    1960
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    *FULLY LEASED * **DO NOT WALK ON PROPERTY!** We are proud to present this very clean and well maintained 16 unit building in the city of Garden Grove! Made up of 16 2bd + 1ba units in a strong rental market, this property provides investors with good current income and a solid upside potential. Property is 100% occupied with a pool, carports and laundry room for extra income. Don+GGt miss out on this unique opportunity.
    Exterior Features

    Garage Spaces 16.00 Lot Features 16-20 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 16.00 Pool Features Community Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 2774.00 Elevation Units Feet Fuel Expense 5731.00 Gardener Expense 3440.00 Gross Income 293760.00 Gross Scheduled Income 193760.00 Insurance Expense 7590.00 Land Lease YN No Laundry YN Yes Maintenance Expense 6000.00 Net Operating Income 174607.00 New Construction YN No New Taxes Expense 52500.00 Number Of Separate Electric Meters 16 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 121634.00 Other Expense 14327.00 Professional Management Expense 13875.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 121634.00 Trash Expense 5159.00 Water Sewer Expense 10238.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of David Sanford of Newport Apartment Group and Gaston Sanford of Newport Apartment Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. 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 deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024