Garden Grove, CA 92843,12562 Keel AVE
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Garden Grove, CA 92843,12562 Keel AVE
Garden Grove, CA 92843,12562 Keel AVE
Garden Grove, CA 92843,12562 Keel AVE
Garden Grove, CA 92843,12562 Keel AVE

$1,850,000

Est. payment /mo
Est.Price: ?

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12562 Keel AVE Garden Grove, CA 92843

8 Beds

8 Baths

5,050 SqFt

SOLD DATE : 01/29/2021

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,050 sqft

Price per Sqft $346

MLS Listing ID 20-612212

Bedrooms 8

Year Built 1961

Lot Size 10,038 Sqft

Property Sub-Type Multi-Family

Property Description

This is an opportunity to acquire an 8-unit apartment in Garden Grove. It has been very well-maintained by the owner and a pride of ownership for the last 20 years. This opportunity consists of eight one-bedroom one-bathroom units, and boasts updated windows, and updates added in the units kitchen and bathrooms. This property offers 16% rental upside with great asset security for any investor looking to own in the ever-growing market of Garden Grove. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. The property has on-site laundry facilities and includes 11 parking spaces, 8 carports, and 3 open parking spaces for tenants. The building is individually metered for electricity and is in an opportunity zone.

Location

State CA

County Orange

Area Santa Ana North Of First

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall

Cooling Ceiling Fan

Flooring Vinyl

Equipment Ceiling Fan, Dryer, Washer

Laundry Laundry Area

Exterior

Parking Features Carport, Parking Space

Garage Spaces 11.0

Pool None

Building

Story 2

Schools

School District Garden Grove Unified

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services
Bought with Keller Williams Realty
Scott Goshorn

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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