12071 Laguna St Garden Grove, CA 92840
Well-maintained four-unit property with solid cash flow potential.
Lot size:
0.18 AcresProperty Features for 12071 Laguna St
General Information
- Property type
- Investment
- Standard status
- Contract
- Lot size
- 0.18 Acres
Building Details
- Year built
- 1964
Source:
Elliman
Listing Agent: Robert Diulio
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Garden Grove Multifamily Investment Property
This well-maintained four-unit property is offered as an investment opportunity with minimal maintenance requirements and potential for consistent monthly income. The property features a unit mix of one three-bedroom unit with two baths, one two-bedroom unit with two baths, one two-bedroom unit with one bath, and one one-bedroom unit with one bath. Three units are occupied by long-term tenants with tenures of 7 and 8 years, while one unit has a new tenant from the beginning of the year. All units are up to date with current rent values. Each unit is equipped with its own gas and electric meters, as well as a range, dishwasher, and garbage disposal. The property includes six assigned garages, with additional parking available on the garage driveway. One unit features two private patios, while two units have balconies. A laundry facility is located on the property, but it is currently not equipped with a washer and dryer. The property is centrally located near shopping and entertainment at the Outlets of Orange, public transportation on Chapman Avenue, and restaurants on Chapman and at the Outlets of Orange. UCI Medical Center is also located nearby. Units in this area have a low vacancy rate.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Garden Grove
- County
- Orange
- State
- California
- Longitude
- -117.902658
- Latitude
- 33.787684
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property with solid cash flow potential.
Where is this quadplex located?
The property is located at 12071 Laguna St Garden Grove, CA.
What is the asking price?
The asking price for this property is $1,679,999.
What are key features of this property?
This property features: - Generous monthly income with solid cash flow as an investment property.; - Four units with a mix of sizes: one **3-bedroom**, two **2-bedroom**, and one **1-bedroom**.; - Centrally located near shopping, entertainment (Outlets of Orange), public transportation, restaurants, and UCI Medical Center.
