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12512 Camus Lane Garden Grove, CA 92841
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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC23130728
Sold Date 08/30/23
HOA Y/N No
Year Built 1964
Lot Size 8,276 Sqft
Property Description
This well-maintained four-plex has incredible upside cash flow opportunity. A remarkable building boasting four enticing units, each offering spacious floorplans. This unparalleled investment opportunity promises not only a steady stream of rental income but also immense potential for appreciation and future cash flow. Nestled in the heart of Garden Grove, this four-plex enjoys the undeniable advantage of a highly sought-after location. With close proximity to major transportation routes, shopping centers, schools, and entertainment options, attracting long-term tenants is practically guaranteed. The property showcases a thoughtfully crafted unit mix, ensuring a broad appeal to a wide range of potential tenants. Unit #1, a 3-bedroom, 2-bathroom dwelling. Meanwhile, units #2, #3, and #4, each featuring 2 bedrooms and 1 bathroom. It additionally includes 6 private garage spaces and a community laundry room that generates extra income. The current month-to-month leases provide the astute investor with the flexibility to make adjustments or continue with existing arrangements. With the potential to optimize rental rates, this four-plex stands as a wise investment for those seeking a dependable income stream and excellent returns on their investment. Rest assured, this property has been well-maintained, ensuring that it remains an attractive choice for discerning tenants. All units are currently occupied, establishing immediate cash flow for the prospective investor. Act swiftly, and unlock the potential of this Garden Grove gem. Whether you're a seasoned investor or a newcomer to real estate investing, this property promises to be a rewarding investment. Don't miss out on this golden opportunity.
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type Gas
Fireplace Yes
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Utilities Available Natural Gas Connected
Roof Type Composition,Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description Greenbelt
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 13159102
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Darwin Nguyen • HPT Realty