12071 Laguna new Save Request In-Person Tour Request Virtual Tour
Garden Grove,CA 92840
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25237209
Year Built 1964
Lot Size 7,840 Sqft
Property Sub-Type Quadruplex
Property Description
Well-maintained property being offered as a great investment property with minimal maintenance and rents that offer a generous monthly income with solid cash flow. This 4-unit property is centrally located with 1 three-bedroom unit with two baths, 1 two-bedroom unit with two baths, 1 two-bedroom unit with one bath, and 1 one-bedroom unit with one bath. Three of the units have long-term tenants, with tenures of 7 and 8 years, with one new tenant at the beginning of this year. All units are up to date with current rent values. Laundry facility on property – currently not offered with a washer and dryer at this time. All units have their own gas and electric meters, and each unit features a range, dishwasher, and garbage disposal. There are 6 assigned garages with parking available on the garage driveway. One unit features two private patios, while two units have balconies. This property is located near shopping & entertainment at the Outlets of Orange, public transportation on Chapman Avenue & restaurants on Chapman and at the Outlets of Orange. UCI Medical Center is also nearby. Units in this area have a low vacancy rate
Location
State CA
County Orange
Area 72 - Orange & Garden Grove, E Of Harbor, N Of 22 F
Interior
Laundry Common Area,See Remarks
Exterior
Parking Features Assigned
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs,Sidewalks
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard