12551 Nutwood Street, Garden Grove, CA 92840
  • MLS#: OC25124210 ( Apartment )
  • Street Address: 12551 Nutwood Street
  • Viewed: 2
  • Price: $2,695,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 4
  • Additional Information
  • County: ORANGE
  • City: Garden Grove
  • Zipcode: 92840
  • Subdivision: Other (othr)
  • Provided by: Alliance Investment RE Group
  • Contact: Ruben Ruben
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    PRIDE OF OWNERSHIP ASSET! 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 within the last year! The exterior has also been renovated with new paint, entry doors, exterior lighting and newer vinyl windows and roof! Each unit is retrofitted with AC units and there is also a renovated laundry room for tenants to utilize. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. There is also ample on site parking along with street parking.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 5120.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 500.00
Entry Location
  1. Ground
Fuel Expense
  1. 2000.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 3500.00
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Community
Laundry Income
  1. 3000.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 147808.00
Parcel Number
  1. 08906407
Pool Features
  1. None
Postalcodeplus4
  1. 4962
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 440089539:CRM
Subdivision Name Other
  1. Other
Tenant Pays
  1. Electricity
Totalexpenses
  1. 50912.00
Trash Expense
  1. 4733.00
Water Sewer Expense
  1. 4800.00
Water Source
  1. Public
Year Built
  1. 1960
Year Built Source
  1. Assessor