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13281 Fletcher Street

Garden Grove, CA 92844
  • $1,950,000
  • STATUS: Active
  • ON SITE: 72 Days
  • ID#: PW23177835
UPDATED: 57 min ago
$1,950,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Everett Wong of Greysteel California, Inc. (310-439-5794)


Description

STUNNING FOUR UNIT VALUE-ADD ASSET FOR THE OPPORTUNISTIC INVESTOR Vintage Garden Grove: This charming 1960s vintage asset features a premier location in the heart of Garden Grove. Value-Add Potential: The property has huge value-add potential with approximately 23% upside in rents from current to market. Highly Leasable Unit Mix: These impeccably kept units consist of one 1bd/1ba, two 2bd/1.5ba, and one 3bd/2ba unit: an extremely diverse and highly leasable unit mix. Other Amenities: The property features 5 garage parking spaces with ample street parking and a spacious front yard. LOCATION HIGHLIGHTS Desirable Area: The property is well situated in one of the most desirable areas of Garden Grove within close proximity to Disneyland Park, Disney California Adventure Park, Anaheim Convention Center, Angel Stadium, and the Honda Center. Easily Accessible Location: This asset boasts easy access to Garden Grove Blvd, the SR-39 and CA-22 Freeways.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143654941
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13281 Fletcher Street Garden Grove, CA 92844

  • Price: $1,950,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 57 min ago
  • ID#: PW23177835
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1963
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
STUNNING FOUR UNIT VALUE-ADD ASSET FOR THE OPPORTUNISTIC INVESTOR Vintage Garden Grove: This charming 1960s vintage asset features a premier location in the heart of Garden Grove. Value-Add Potential: The property has huge value-add potential with approximately 23% upside in rents from current to market. Highly Leasable Unit Mix: These impeccably kept units consist of one 1bd/1ba, two 2bd/1.5ba, and one 3bd/2ba unit: an extremely diverse and highly leasable unit mix. Other Amenities: The property features 5 garage parking spaces with ample street parking and a spacious front yard. LOCATION HIGHLIGHTS Desirable Area: The property is well situated in one of the most desirable areas of Garden Grove within close proximity to Disneyland Park, Disney California Adventure Park, Anaheim Convention Center, Angel Stadium, and the Honda Center. Easily Accessible Location: This asset boasts easy access to Garden Grove Blvd, the SR-39 and CA-22 Freeways.
Exterior Features

Entry Level 1 Entry Location Front Lot Features 2-5 Units/AcreYard Number Of Separate Electric Meters 4 Parking Features GarageGarage Faces Rear Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSuburbanSidewalksUrban Electric Expense 72 Fuel Expense 0 Garage YN Yes Gross Income 95726 Gross Scheduled Income 97140 Insurance Expense 2214 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Subject To Other Maintenance Expense 2000 Net Operating Income 67207 New Construction YN No New Taxes Expense 18059 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 28519 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2516 Vacancy Allowance Rate 3 Water Sewer Expense 1858 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Everett Wong of Greysteel California, Inc. (310-439-5794)