Turn-Key Fourplex in Garden
5881 Belgrave Avenue Garden Grove, CA 92845
For Sale
Contact for pricing
For sale turn-key West Garden Grove fourplex featuring a total of 3,636 square feet.
Property Size3,636 SF
Price / SF$508.80
Days on Market44
Property Features for 5881 Belgrave Avenue
General Information
- Standard status
- Active
- Size
- 3,636 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1973
Listing Agency:
The Brand Haus Inc.
Listed By:
Brandon Mungai · License #01885093
Source:
Crexi
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 23 at 10:20AM
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 The Brand Haus Inc.
Investment Insights
Based on property information with market context.
This for-sale, turn-key fourplex is offered at 5881 Belgrave Avenue in Garden Grove, CA. The property totals 3,636 square feet.
As a fourplex, it provides a multi-unit residential income setup in a West Garden Grove location. The offering is presented as turn-key, designed for immediate occupancy or management upon closing.
If you’re evaluating a residential income asset, this fourplex provides a straightforward ownership structure with four separate units within a single property.
As a fourplex, it provides a multi-unit residential income setup in a West Garden Grove location. The offering is presented as turn-key, designed for immediate occupancy or management upon closing.
If you’re evaluating a residential income asset, this fourplex provides a straightforward ownership structure with four separate units within a single property.
Key Highlights
- West Garden Grove fourplex
- Total building size: 3,636 SF
- Year built: 1973
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 | $91.6k | $25.20 |
| − Vacancy | −$4.8k | −$1.32 |
| EGI | $86.8k | $23.88 |
| − OpEx | −$26.1k | −$7.17 |
| NOI | $60.8k | $16.72 |
3,636 SF · lease $25.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$868.4K
$759.9K – $1.01M
NOI $60,791 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$777.5K
$680.3K – $907.1K
NOI $54,427 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.14M
$995.7K – $1.33M
NOI $79,655 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - For sale turn-key West Garden Grove fourplex featuring a total of 3,636 square feet.
Where is this quadplex located?
The property is located at 5881 Belgrave Avenue 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: West Garden Grove fourplex; Total building size: 3,636 SF; Year built: 1973
