11662 Stuart Dr - Apartments FOR SALE


Garden Grove, CA 92843
$3,980,000 USD
626-757-3682
11662 Stuart Dr, Garden Grove, CA for Sale
$3,980,000 USD
Apartments - FOR SALE
1/14
null | 5.36% Cap Rate

11662 Stuart Dr
Garden Grove, CA 92843


HIGHLIGHTS

  • Lots of natural Light
  • The property located in the heart of Garden Grove
  • Its highly convenient location makes this property an attractive option for both potential tenants and investors.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,980,000 USD

PRICE/SF

$429 USD /SF

# OF UNITS

16

PRICE/UNIT

$248,750

CAP RATE

5.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R3

APN/PARCEL ID

100-563-08

ASK ABOUT THIS PROPERTY

Amy ToCBD Investments Inc.More Info
626-757-3682

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Amy ToCBD Investments Inc.More Info
626-757-3682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.