Garden Grove, CA 92840,10771 Acacia
Garden Grove, CA 92840,10771 Acacia
Garden Grove, CA 92840,10771 Acacia
$2,000,000
Est. payment /mo
Est.Price: ?

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0.74 Acres Lot
SOLD DATE : 03/24/2021

Key Details

Sold Price $2,000,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW20216271

Year Built 1948

Lot Size 0.740 Acres

Property Description

4 HOUSES on a 32,426 sq. ft. lot. ***OPPORTUNITY KNOCKS***Don?t miss out on this unique opportunity to invest in this property in Garden Grove. Close to Coastline Community College, Community Center Park, restaurants, shops and downtown Garden Grove. It is perfect for an investor looking to acquire a property and maximize its income potential. The subject property has 3 SFR 1 bedroom/1 bath units and offers tenants onsite parking. It also features a main house with 1500 square feet of living space. All units are separately metered for gas and electricity which keeps landlord operating expenses to a minimum. Current ownership has maintained the rental rates well below the market level and with the right strategy and approach, a new investor can take advantage of a significant repositioning opportunity. This would be a fantastic addition to any investor?s portfolio. This is a must see!

Location

State CA

County Orange

Area 63 - Garden Grove S Of Chapman, W Of Euclid

Interior

Laundry None

Exterior

Parking Features Attached Carport, Concrete, Driveway

Pool None

Community Features Suburban

View Y/N No

View None

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Candace Clark • ERA North Orange County
Bought with Minh Thu Dinh • Minh Thu Dinh, Broker

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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