Updated Quadplex with Private
For Sale
$1,850,000
8561 Gloria, Garden Grove, CA 92844
Four-unit income property with separate electric metering, tenant garages, and recent roof replacement.
Property Size4,140 SF
Price / SF$446.86
Days on Market50
Property Features for 8561 Gloria
General Information
Standard status
Active
Size
4,140 SF
Property subtype
Quadruplex
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Building Details
Building Size
4,140 SF
Year Built
1972
Listing Agency:
HPT Realty
Listed By:
Anthony Tien Do · License #01149116
(714) 895-2222
Source:
Stephanieyounggroup
Added: Sep 2
Changed: Oct 16
Last Checked: Oct 19 at 1:42PM
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 HPT Realty
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Investment Insights
Based on property information with market context.
This quadplex contains approximately 4,140 square feet of living space and nine bedrooms, with a private enclosed single-car garage assigned to each unit. An additional enclosed garage provides space for owner use. The property has received a new roof in 2024, while selected units feature laminate flooring, a replacement stove, water heater, and heater. Separate electric meters serve the individual units, supporting straightforward utility administration.
All units are occupied by long-term tenants. The property is positioned near schools, retail, dining, and daily services, with access to the 22 Freeway. H Mart, Business Costco, and Rodeo 39 Public Market are identified among the nearby destinations.
All units are occupied by long-term tenants. The property is positioned near schools, retail, dining, and daily services, with access to the 22 Freeway. H Mart, Business Costco, and Rodeo 39 Public Market are identified among the nearby destinations.
Key Highlights
- Quadplex with approximately 4,140 square feet and nine bedrooms
- New roof completed in 2024
- Each unit includes a private enclosed single‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,217
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,384,340
$1.4M
Cap Rate 7%
$988,814
$988.8K
Cap Rate 9%
$769,078
$769.1K
Market Conditions
NOI Build-Up for 4,140 SF
Gross rent
$104.3K $25.20/SF
− Vacancy
−$5.4K −$1.32/SF
EGI
$98.9K $23.88/SF
− OpEx
−$29.7K −$7.17/SF
NOI
$69.2K $16.72/SF
Area
Garden Grove, CA
Vacancy
5.22%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,384,340
Cap Rate 7%
$988,814
Cap Rate 9%
$769,078
Alternative Uses
Best Use
Multifamily LT 5
$988.8K
$865.2K – $1.15M
NOI $69,217 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$885.3K
$774.6K – $1.03M
NOI $61,971 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,696 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,520
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit income property with separate electric metering, tenant garages, and recent roof replacement.
Where is this quadplex located?
The property is located at 8561 Gloria 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: Quadplex with approximately 4,140 square feet and nine bedrooms; New roof completed in 2024; Each unit includes a private enclosed single‑car garage
