Last Updated: 12/4/2016 2:02 AM
Description for 8209 Larson Avenue Garden Grove, CA 92844
Great investment opportunity**VERY QUIET LOCATION IN A GREAT RENTAL AREA OF GARDEN GROVE**Four very large and spacious units with 2 bed/2 bath each**4,016 SF ON A HUGE 10,337 SF LOT with 10 Parking Lot including 3 Carport** Current rent per unit is $1,250 per month for 3 units, $1,300 for 1 unit**FULLY OCCUPIED, BUT RENTS ARE BELOW MARKET WITHOUT RENT CONTROL**All units are in housing program with Long term tenants**Large gated yard w/many Palm Trees**Well maintained with great condition**Property has been remodeled approx 4 years ago with previous owner**Recently Full bathroom remodeled for each unit & New gas stove for every unit by current owner**Unit A & C with Laminate Wood floor throughout**Unit B & D with Neutral Tile floor throughout**Common laundry room for additional income opportunity**Separate gas and electric meters**Major cross streets are Garden Grove Blvd and Beach Blvd**This opportunity is an ideal investment for an investor looking for a property within the strong rental market of Garden Grove**Located in an excellent residential area**Building rarely has a vacancy and units are easy to rent**Sold As Is, Sellers won't do any repair**Buyers to cooperate 1031 exchange with Sellers at no cost to Buyers**Drive by only, please DO NOT disturb the tenants**A MUST SEE**
Range/Oven Free Standing, Garbage Disposal, Gas Range/Cooktop
Ceramic Tile, Laminate, Hardwood Laminate
Open Floor Plan, Window Blinds
Exterior / Lot Features
10 Parking Spaces, No Parking, Assigned Parking Space, Detached Carport, Private
$61,518 Income ,$13,683Expense
Current market conditions for 8209 Larson Avenue
Active Market Trends
Median list price$550,000
Days on market76
Properties for sale137
Sold Market Trends
Median sold price$529,000
Sales to list price9,940.0%
Median sq ft price$353
Arrows indicate 90 day trend
Listing Price History for 8209 Larson Avenue
Garden Grove Real Estate
Garden Grove is located in California. Garden Grove, California 92844 has a population of 171,377.
The median household income in Garden Grove, California 92844 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 92844 is 35.4 years.
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