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Key Details
Sold Price $1,338,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $514
MLS Listing ID CROC24175773
Sold Date 11/20/24
Bedrooms 5
HOA Y/N No
Year Built 1956
Lot Size 10,019 Sqft
Acres 0.23
Property Description
Opportunity to Own a 3-Unit Property in High-Demand Garden Grove! This 3-unit property is situated on an oversized 10,000 sqft lot, offering plenty of space for potential expansion. According to city regulations, there is room to build an 800 sqft 2-bed/2-bath ADU as a 4th unit. The large lot provides ample parking options. Current rental rates are still well below market value, presenting an excellent investment opportunity. The front building consists of Unit 1 (1 bed/1 bath) and Unit 2 (2 bed/2 bath). The second building features a 2-bed/2-bath unit with an attached 1-car garage and its own private backyard, perfect for tenants to enjoy gardening. Additionally, a detached 2-car garage is designated for the front units, providing 1 parking spot per unit. There are also 5 additional parking spaces available for all tenants, plus plenty of street parking if needed.
Location
State CA
County Orange
Area Listing
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Appliance Gas Water Heater
Laundry Inside
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 8
Building
Lot Description Other
New Construction No
Others
Tax ID 13346409
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with Hang-nyNguyen
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122