Two-Unit Duplex with Separate
10002 Dakota, Garden Grove, CA 92843
For Sale
$950,000
Both residences include bonus rooms, with one currently occupied and the other vacant.
Property Size1,612 SF
Price / SF$589.33
Days on Market44
Property Features for 10002 Dakota
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Site & Location
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
All Bedrooms Down
Building Details
Building Size
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
Ana Real Estate
(714) 636-2299
Listed By:
Thu Anh Cahill · License #02106686
(949) 419-7653
Source:
Carealestatecenter
Added: Sep 27
Changed: Nov 8
Last Checked: Nov 8 at 4:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ana Real Estate
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Investment Insights
Based on property information with market context.
Built in 1953, this 1,612-square-foot duplex contains two residences, each with two bedrooms, one bathroom, and a bonus room; one unit has an additional bathroom. Separate gas and electric meters serve the units, while water is shared. Parking accommodates up to six vehicles through a two-car carport and four driveway spaces.
The property is in Garden Grove, near schools, supermarkets, restaurants, and parks, with freeway access. One residence is tenant-occupied and the other is vacant. The sale is in as-is condition.
The property is in Garden Grove, near schools, supermarkets, restaurants, and parks, with freeway access. One residence is tenant-occupied and the other is vacant. The sale is in as-is condition.
Key Highlights
- Two residences, each with 2 bedrooms and a bonus room; one has an additional bathroom
- 1,612 square feet; built in 1953
- Parking for up to six vehicles: two‑car carport and four driveway spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,951
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,020
$539.0K
Cap Rate 7%
$385,014
$385.0K
Cap Rate 9%
$299,456
$299.5K
Market Conditions
NOI Build-Up for 1,612 SF
Gross rent
$40.6K $25.20/SF
− Vacancy
−$2.1K −$1.32/SF
EGI
$38.5K $23.88/SF
− OpEx
−$11.6K −$7.17/SF
NOI
$27.0K $16.72/SF
Area
Garden Grove, CA
Vacancy
5.22%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,020
Cap Rate 7%
$385,014
Cap Rate 9%
$299,456
Alternative Uses
Best Use
Multifamily LT 5
$385.0K
$336.9K – $449.2K
NOI $26,951 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$344.7K
$301.6K – $402.2K
NOI $24,130 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$504.5K
$441.4K – $588.6K
NOI $35,314 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,647
Businesses Nearby
Explore this area
Business Placement
Demographics for 92843, CA
45,480
Population
12,051
Households
3.8
Avg Household Size
38
Median Age
18%
College-Educated
69%
High-School Grad
4.0 sq mi
ZIP Area
11,370
Density / Sq Mi
$82,009
Median Household Income
$34,941
Median Earnings
$1,878
Median Rent
$665,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Orange County, CA
Properties on Market for Duplexes in Orange County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include bonus rooms, with one currently occupied and the other vacant.
Where is this duplex located?
The property is located at 10002 Dakota Garden Grove, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and a bonus room; one has an additional bathroom; 1,612 square feet; built in 1953; Parking for up to six vehicles: two‑car carport and four driveway spaces
