13052 Rockinghorse Road, Garden Grove, CA 92843
  • MLS#: OC24175247 ( Apartment )
  • Street Address: 13052 Rockinghorse Road
  • Viewed: 1
  • Price: $2,599,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 85
  • Additional Information
  • County: ORANGE
  • City: Garden Grove
  • Zipcode: 92843
  • Subdivision: Other (othr)
  • Provided by: Alliance Investment RE Group
  • Contact: Ruben Ruben
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 4978.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 44
Electric Expense
  1. 456.00
Fuel Expense
  1. 3336.00
Garage Spaces
  1. 8.00
Insurance Expense
  1. 1914.00
Laundry Features
  1. Community
Laundry Income
  1. 4500.00
Levels
  1. Two
Lot Features
  1. 6-10 Units/Acre
  2. Corner Lot
Netoperatingincome
  1. 138834.00
Parcel Number
  1. 10050102
Pool Features
  1. None
Postalcodeplus4
  1. 1550
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 421700421:CRM
Subdivision Name Other
  1. None
Totalexpenses
  1. 53542.00
Trash Expense
  1. 6060.00
Water Sewer Expense
  1. 6864.00
Year Built
  1. 1959
Year Built Source
  1. Assessor