13052 Rockinghorse Rd - Apartments FOR SALE


Garden Grove, CA 92843
$2,499,000 USD
949-683-6662
13052 Rockinghorse Rd, Garden Grove, CA for Sale
$2,499,000 USD
Apartments - FOR SALE
1/8
null | 6.02% Cap Rate

13052 Rockinghorse Rd
Garden Grove, CA 92843


HIGHLIGHTS

  • PRIDE OF OWNERSHIP / 100% OCCUPIED!
  • In-Place RUBS Reimbursement to Owner / All One-Bedroom Floor Plans
  • ALL Units Fully Renovated Including Vinyl Plank Flooring, New kitchens/Countertops & bathrooms
  • Entire Exterior Renovated Including New Roof, Windows, Stucco & Concrete
  • Garages / New Roof / Entire Property Recently Replumbed with new Gas Lines
  • On-Site Laundry Room (Owned)

OVERVIEW

PRIDE OF OWNERSHIP ASSET AT A 6.02% CAP RATE ON ACTUAL RENTS! Alliance Investment Real Estate Group, as the exclusive listing agent, is 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. PROPERTY SOLD IN AS-IS CONDITION, BUYER TO VERIFY YEAR BUILT AND SQUARE FOOTAGE WITH THE CITY, AND SOLD AS IS. Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE CALLING AGENT FIRST TO DISCUSS AT: 949-250-0400.

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$502 USD /SF

# OF UNITS

8

PRICE/UNIT

$312,375

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

100-501-02

ASK ABOUT THIS PROPERTY

Ruben KhorsandiAlliance Investment Real Estate GroupMore Info
949-683-6662

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Ruben KhorsandiAlliance Investment Real Estate GroupMore Info
949-683-6662

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