Four-Unit Apartment
12102 Haster Garden Grove, CA 92840
12102 Haster, Garden Grove, CA, 92840
$1,729,000
For Sale
$1,729,000
Four-unit residential income property with an upstairs 3-bedroom layout and multiple downstairs 1- and 2-bedroom units.
Property Size3,857 SF
Price / SF$448.28
Days on Market44
Property Features for 12102 Haster
General Information
- Standard status
- Active
- Size
- 3,857 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1962
Listing Agency
HT REALTY, INC. dba Keller Williams Realty Irvine
(714) 658-3263
Listed by
Christopher Combs · License #01930012
Source
Elliman
Added: Jun 3 Checked: Jul 16 at 4:00 am
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 HT REALTY, INC. dba Keller Williams Realty Irvine
Investment Insights
Based on property information with market context.
This four-unit apartment building is configured with one upstairs 3-bedroom, 2-bath apartment, along with downstairs units featuring a mix of 2-bedroom and 1-bedroom layouts. The property includes approximately 3,857 square feet of total living space on a lot of approximately 7,841 square feet.
Located in Garden Grove, California (ZIP 92840). Drive by only—please do not disturb tenants. WalkScore is listed at 78 (Very Walkable) and transitScore at 99 (Rider’s Paradise), with bikeScore listed at 68 (Bikeable).
The unit mix can support a range of tenant profiles, and the building’s four separate apartments offer a straightforward residential income structure. This is an owner-occupied style asset for investors or buyers seeking to manage and operate a multi-unit rental property with a stable, all-residential layout.
Located in Garden Grove, California (ZIP 92840). Drive by only—please do not disturb tenants. WalkScore is listed at 78 (Very Walkable) and transitScore at 99 (Rider’s Paradise), with bikeScore listed at 68 (Bikeable).
The unit mix can support a range of tenant profiles, and the building’s four separate apartments offer a straightforward residential income structure. This is an owner-occupied style asset for investors or buyers seeking to manage and operate a multi-unit rental property with a stable, all-residential layout.
Key Highlights
- Four‑unit apartment building built in 1962.
- Upstairs unit: 3 bed / 2 bath.
- Downstairs unit mix: one 2 bed / 2 bath and one 1 bed / 1 bath (multiple downstairs units).
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.2k | $25.20 |
| − Vacancy | −$5.1k | −$1.32 |
| EGI | $92.1k | $23.88 |
| − OpEx | −$27.6k | −$7.17 |
| NOI | $64.5k | $16.72 |
3,857 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$921.2K
$806.1K – $1.07M
NOI $64,486 @ 7.0% cap · market cap 3.73%
Second Best
Apartment 5plus
$824.8K
$721.7K – $962.3K
NOI $57,735 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,496 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit residential income property with an upstairs 3-bedroom layout and multiple downstairs 1- and 2-bedroom units.
Where is this quadplex located?
The property is located at 12102 Haster Garden Grove, CA.
What is the asking price?
The asking price for this property is $1,729,000.
What are key features of this property?
This property features: Four‑unit apartment building built in 1962.; Upstairs unit: 3 bed / 2 bath.; Downstairs unit mix: one 2 bed / 2 bath and one 1 bed / 1 bath (multiple downstairs units).
