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8209 Larson Avenue,Garden Grove CA, 92844

4,016 sq. ft
Status: Active
MLS#: OC16157019
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Berkshire Hathaway HomeServices California Properties
(714) 846-4485

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**
Listing Information
Property Type: Cluster, Contemporary
Orange 0.23 Acres
4,016(approx)
$256.45
1965 Stucco
Other (Othr)
4 Total
Neighborhood
Room Information
Common, Outside
Shower Only
Interior Features
Range/Oven Free Standing, Garbage Disposal, Gas Range/Cooktop
Ceramic Tile, Laminate, Hardwood Laminate
Window/Wall Unit
Forced Air
Alarm -Smoke/Fire
Open Floor Plan, Window Blinds
Exterior / Lot Features
10 Parking Spaces, No Parking, Assigned Parking Space, Detached Carport, Private
Stucco
Composition
Wrought Iron
Street Lights
Financial Considerations
09701120
$61,518 Income ,$13,683Expense
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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Courtesy: Realty One Group Inc Jessica Hong
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