Garden Grove, CA 92840,12702 Flower ST
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Garden Grove, CA 92840,12702 Flower ST
Garden Grove, CA 92840,12702 Flower ST

$1,850,000

Est. payment /mo

$1,875,000

1.3%
Est.Price: ?

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12702 Flower ST Garden Grove, CA 92840

10,018 Sqft Lot

SOLD DATE : 03/09/2021

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW20176410

Sold Date 03/09/21

HOA Y/N No

Year Built 1960

Lot Size 10,018 Sqft

Acres 0.23

Property Description

We are pleased to offer 12702 Flower Street, an 8-unit apartment building in the in-demand rental market of Garden Grove. This investment opportunity has been well maintained over the years with capital improvements such as complete gas re-pipe (2017) and more recently, all-new bathrooms for every unit that include new tubs, vanities, flooring, toilets and ceiling exhaust fans. Situated on a large lot, tenants enjoy large grassy areas and excellent spacing between neighboring buildings offering an established single-family residential neighborhood feel. Already offering an excellent value-add opportunity through increased rents, a new investor can further increase their equity through continually upgrading interiors. The Flower Street apartments are poised to be an excellent addition to any investor's investment portfolio. *In-Deman Garden Grove Location, * All-New Bathrooms in Every Unit, *Well-Maintained Asset, *Complete Gas Re-Pipe (2017), *(14) On-Site Parking Spaces

Location

State CA

County Orange

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

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs, Storm Drain(s), Street Lights

Total Parking Spaces 14

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 08963206

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Financing Seller Financing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Rick Applebaum • Morgan Skenderian
Bought with Rick Applebaum • Morgan Skenderian

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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