13052 Rockinghorse Road

Garden Grove, CA 92843
$2,599,000
0.24 acres | #OC24175247
Courtesy of Alliance Investment RE Group

Description

PRIDE OF OWNERSHIP ASSET AT A 5.34% CAP RATE ON ACTUALS! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.

  • Property Details
      • Stories:2
      • Lot description:SixToTenUnitsAcre, CornerLot
      • Acres:0.24
      • Parking spaces:8
      • Property type:Multi-Family
      • Year built:1959
      • Sewer information:PublicSewer
      • County:Orange
      • Original List Price:$2, 599, 000
      • MLS #:OC24175247
      • Cost:2599000
      • Property subtype:Apartment
      • MLS #:OC24175247

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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monthly

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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