11662 Stuart Drive

Garden Grove, CA 92843
$3,980,000
0.44 acres | #AR24137900
Courtesy of CBD Investment Inc.

Description

Location, location, location !! Well kept 16-unit multifamily investment property located in the heart of Garden Grove. Spanning a 0.43-acre lot, the property comprises 16 one-bedroom units, collectively offering 9,288 square feet of living area. The units are always fully leased, feature newer windows, sleek color front doors and approximately 10 units have been renovated with modern laminate wood flooring. The property provides gated access for added security, includes 10 garages and 6 carports with convenient alley access. Tenants can enjoy a spacious courtyard equipped with a BBQ area for entertaining. Additionally, there are 6 onsite laundry machines and 2 newer water heaters. Its highly convenient location makes this property an attractive option for both potential tenants and investors.

  • Property Details
      • Stories:2
      • Lot description:Garden
      • Acres:0.44
      • Parking spaces:10
      • Property type:Multi-Family
      • Year built:1960
      • Sewer information:Unknown
      • Utility source:Public
      • County:Orange
      • Original List Price:$4, 797, 000
      • MLS #:AR24137900
      • Cost:3980000
      • Property subtype:Apartment
      • MLS #:AR24137900

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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