Last Updated: 10/28/2016 8:01 AM
Description for 12881 Fern Street Garden Grove, CA 92841
Marcus & Millichap is pleased to present a 4 unit building located in Orange County. The property is located at the corners of Beach Blvd and Garden Grove Blvd in the city of Garden Grove. The location offers high visibility in an area known for its strong tenancy, stable rent growth and a historically high occupancy rate. Built in 1975 and recently renovated, major upgrades. This building has five garages, on-site laundry room, patios and fireplaces. The property consists of 1, three bedroom two bath unit; 2, two bedroom one bath units and 1, two bedroom one and one half bath . This four-unit building in Garden Grove offers a rare investment opportunity for an investor seeking a stable well maintained apartment complex with good cash flow and realistic upside in rents. ***Property to be sold "AS IS"***
Central Air, Window/Wall Unit
Exterior / Lot Features
5 Garage Spaces, 7 Parking Spaces, Assigned Parking Space
Gutters, Sidewalks, Street Lights, Curbs Walk
$78,078 Income ,$27,773Expense
Current market conditions for 12881 Fern Street
Active Market Trends
Median list price$550,000
Days on market74
Properties for sale125
Sold Market Trends
Median sold price$531,000
Sales to list price99.4%
Median sq ft price$355
Arrows indicate 90 day trend
Listing Price History for 12881 Fern Street
Garden Grove Real Estate
Garden Grove is located in California. Garden Grove, California 92841 has a population of 171,377.
The median household income in Garden Grove, California 92841 is $59,988. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Garden Grove 92841 is 35.4 years.
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