12691 Josephine Street, Garden Grove, CA 92841 | MLS OC15195152 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
800-660-9140

12691 Josephine Street,  Garden Grove CA, 92841

4,000 sqft
Status: Sold
MLS#: OC15195152
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Real Living Pacific Realty
800-660-9140

Listing Provided Courtesy Of: Marcus & Millichap RE Invest
Last Updated: 12/11/2016 12:09 AM
Description for 12691 Josephine Street Garden Grove, CA 92841
12691 Josephine Street, a multifamily investment comprised of two two-bedroom/one-bathroom and two two-bedroom/two-bathroom units located in the city of Garden Grove, California. The two story subject property was built in 1985 and has four private one-car garages and contains four extra parking spaces on the courtyard style lot. The property offers quaint landscaping as seen from the excellent street frontage. The asset sits on 0.18 acres and is less than one mile from the 22 freeway providing easy access to interstate 5 and 405 freeways. Additionally, the property is situated within one square mile of multiple elementary, middle and high schools. Located in a family friendly neighborhood, the property provides an intriguing investment for someone who wants steady cash flow without the hassle of managing more than four tenants, of which two tenants are on HUD housing. The asset provides the astute investor the opportunity to acquire a true pride-of ownership asset which has historically little to no vacancy in one of Orange County’s most accessible areas.
Price
Sold Price:
$1,057,000
Sold Date:12/08/2015
Other (Othr)
Orange
4,000 (approx)
OC15195152
Closed
Description
12691 Josephine Street, a multifamily investment comprised of two two-bedroom/one-bathroom and two two-bedroom/two-bathroom units located in the city of Garden Grove, California. The two story subject property was built in 1985 and has four private one-car garages and contains four extra parking spaces on the courtyard style lot. The property offers quaint landscaping as seen from the excellent street frontage. The asset sits on 0.18 acres and is less than one mile from the 22 freeway providing easy access to interstate 5 and 405 freeways. Additionally, the property is situated within one square mile of multiple elementary, middle and high schools. Located in a family friendly neighborhood, the property provides an intriguing investment for someone who wants steady cash flow without the hassle of managing more than four tenants, of which two tenants are on HUD housing. The asset provides the astute investor the opportunity to acquire a true pride-of ownership asset which has historically little to no vacancy in one of Orange County’s most accessible areas.
Listing Information
Property Type: Cluster, 2 Story
0.18 Acres 4,000 (approx) $264.25
1985 Yes- 4 spaces 2
Other (Othr)
Public Water Service
4 Total
Neighborhood
Room Information
Exterior / Lot Features
4 Garage Spaces, 12 Parking Spaces
None
No Pool
Sidewalks
Financial Considerations
21510115
$62,600 Income ,$24,863Expense
Listing Price History

Garden Grove Real Estate

Garden Grove is located in California. Garden Grove, California 92841 has a population of 171,377.

The median household income in Garden Grove, California 92841 is $59,988. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Garden Grove 92841 is 35.4 years.

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Courtesy: Marcus & Millichap RE Invest WMichael Cavner
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