20
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$3,720,000
$3,980,000 6.5%
Est. payment /mo
Sold on 05/20/2025
11662 Stuart DR Garden Grove, CA 92843
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Key Details
Sold Price $3,720,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24137900
Year Built 1960
Property Sub-Type Apartment
Property Description
Location, location, location !! Well kept 16-unit multifamily investment property located in the heart of Garden Grove. Spanning a 0.43-acre lot, the property comprises 16 one-bedroom units, collectively offering 9,288 square feet of living area. The units are always fully leased, feature newer windows, sleek color front doors and approximately 10 units have been renovated with modern laminate wood flooring. The property provides gated access for added security, includes 10 garages and 6 carports with convenient alley access. Tenants can enjoy a spacious courtyard equipped with a BBQ area for entertaining. Additionally, there are 6 onsite laundry machines and 2 newer water heaters. Its highly convenient location makes this property an attractive option for both potential tenants and investors.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Common Area
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Curbs
Building
Lot Description Garden
Story 2
Sewer Unknown
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Margaret Lee CBD Investment Inc. 626-236-0199
Bought with OUT OF AREA ARCADIA OUT OF AREA OFFICE
Bought with OUT OF AREA ARCADIA OUT OF AREA OFFICE
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