See all 8 photos
$2,499,000
Est. payment /mo
1 Bed
1 Bath
10,454 Sqft Lot
Active
13052 Rockinghorse Road Garden Grove, CA 92843
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25080094
Bedrooms 1
HOA Y/N No
Lot Size 10,454 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
PRIDE OF OWNERSHIP ASSET AT A 6.02% CAP RATE ON ACTUALS! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. The entire property was also just recently re-plumbed with new gas lines for each unit. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
PRIDE OF OWNERSHIP ASSET AT A 6.02% CAP RATE ON ACTUALS! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. The entire property was also just recently re-plumbed with new gas lines for each unit. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
PRIDE OF OWNERSHIP ASSET AT A 6.02% CAP RATE ON ACTUALS! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. The entire property was also just recently re-plumbed with new gas lines for each unit. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
Location
State CA
County Orange
Area Oc - Garden Grove (92843)
Zoning Assessor
Building
Lot Description Corner Lot, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $190
Acceptable Financing Cash
Space Rent $16,625
Listing Terms Cash

Listed by Ruben Khorsandi • Alliance Investment RE Group