5-Unit Apartment Building with
13152 Pleasant Garden Grove, CA 92843
13152 Pleasant, Garden Grove, CA, 92843
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For Sale
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Five-unit rental community with attached garage spaces and on-site laundry, offering flexible live-in-and-lease options.
Property Size4,018 SF
Price / SF$460.43
Days on Market99
Property Features for 13152 Pleasant
General Information
- Standard status
- Active
- Size
- 4,018 SF
- Property subtype
- Multifamily
Listing agency
Keller Williams Realty
(714) 861-5557
Listed by
Elizabeth Do · License #01473012
Source
Crexi
Added: Apr 15 Updated: Jul 10 at 1:50PM Checked: Jul 19 at 4:55AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This 5-unit apartment community offers a practical mix of floor plans, including two 1-bedroom, 1-bath units, two 2-bedroom, 1-bath units, and one larger 2-bedroom, 2-bath unit. Parking is supported by attached 1-car garage space for four units, while the larger unit includes two 1-car garage spaces. An on-site laundry facility adds everyday convenience for residents. Recent updates include a new water line installed in 2022, and renovations in Unit 3 with new flooring, fresh paint, and an updated kitchen countertop.
The property is located within a single-family residential neighborhood, and it is described as the only apartment complex in that setting. While the surrounding area is positioned as a quieter residential atmosphere, it is also noted to be conveniently close to parks, schools, and shops.
For investors or owner-occupants, the unit mix and garage availability make this building a straightforward candidate for steady residential leasing. The layout also supports the possibility of occupying one unit while renting the remaining units, using the community’s existing configuration to match different occupancy and income goals.
The property is located within a single-family residential neighborhood, and it is described as the only apartment complex in that setting. While the surrounding area is positioned as a quieter residential atmosphere, it is also noted to be conveniently close to parks, schools, and shops.
For investors or owner-occupants, the unit mix and garage availability make this building a straightforward candidate for steady residential leasing. The layout also supports the possibility of occupying one unit while renting the remaining units, using the community’s existing configuration to match different occupancy and income goals.
Key Highlights
- 5‑unit apartment community with 4,018 SF building on an 8,125 SF lot
- Unit mix: two 1 bed/1 bath, two 2 bed/1 bath, and one 2 bed/2 bath
- Four units include an attached 1‑car garage space; the larger unit has two 1‑car garage spaces
Local Financial Insights For Apartment 5plus
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 | $115.7k | $28.80 |
| − Vacancy | −$6.4k | −$1.58 |
| EGI | $109.4k | $27.22 |
| − OpEx | −$49.2k | −$12.25 |
| NOI | $60.1k | $14.97 |
4,018 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$859.2K
$751.8K – $1.00M
NOI $60,145 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,023 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ocho Plumbing
Plumbing Service
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FAQs
What type of property is this?
Apartment building - Five-unit rental community with attached garage spaces and on-site laundry, offering flexible live-in-and-lease options.
Where is this apartment building located?
The property is located at 13152 Pleasant Garden Grove, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 5‑unit apartment community with 4,018 SF building on an 8,125 SF lot; Unit mix: two 1 bed/1 bath, two 2 bed/1 bath, and one 2 bed/2 bath; Four units include an attached 1‑car garage space; the larger unit has two 1‑car garage spaces
