Owner-Occupant
For Sale
$1,475,000
13141 Monroe, Garden Grove, CA 92844
Two-unit configuration supports living in one residence while leasing the other.
Property Size3,169 SF
Days on Market14
Property Features for 13141 Monroe
General Information
Standard status
Active
Size
3,169 SF
Property subtype
Duplex
Building Details
Building Size
3,169 SF
Year Built
1990
Listing Agency:
I.T.S.T. Real Estate
(714) 926-5621
Listed By:
Lyon Quan Doan · License #01066145
Source:
Stephanieyounggroup
Added: Jul 22
Changed: Aug 2
Last Checked: Aug 4 at 8:02AM
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 I.T.S.T. Real Estate
Investment Insights
Based on property information with market context.
This duplex contains two residential units, creating a flexible ownership setup for an occupant who wants to live in one unit and lease the second. The property was built in 1990.
Located at 13141 Monroe in Garden Grove, California 92844, the asset is offered for sale. Interior inspection is required as part of any offer.
Located at 13141 Monroe in Garden Grove, California 92844, the asset is offered for sale. Interior inspection is required as part of any offer.
Key Highlights
- Two‑unit duplex configuration
- Built in 1990
- Live in one unit and lease the other
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 | $79.9k | $25.20 |
| − Vacancy | −$4.2k | −$1.32 |
| EGI | $75.7k | $23.88 |
| − OpEx | −$22.7k | −$7.17 |
| NOI | $53.0k | $16.72 |
3,169 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$756.9K
$662.3K – $883.1K
NOI $52,983 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$677.7K
$593.0K – $790.6K
NOI $47,436 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$991.8K
$867.8K – $1.16M
NOI $69,424 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Explore this area
Business Placement
Demographics for 92844, CA
23,668
Population
7,187
Households
3.3
Avg Household Size
39
Median Age
22%
College-Educated
72%
High-School Grad
2.1 sq mi
ZIP Area
11,270
Density / Sq Mi
$73,590
Median Household Income
$36,444
Median Earnings
$1,989
Median Rent
$706,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit configuration supports living in one residence while leasing the other.
Where is this duplex located?
The property is located at 13141 Monroe Garden Grove, CA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Built in 1990; Live in one unit and lease the other
