10322 Park Ave, Garden Grove, CA, 92840

USD 1,895,000
For Sale MLS: OC26041541

Property Details

Bathrooms

2

Property Type

multi family

Description

Multi Family in Garden Grove, CA - Bedrooms: 0 - Bathrooms: 2 - Area: N/A - Year Built: 1964 - Lot: 6970 sqft

Listing Agent: Tiffany Nguyen Brokerage: Advance Estate Realty

Welcome to 10322 Park, an exceptional, fully-occupied, 4-unit townhome-style income property located in a highly sought-after neighborhood. Situated just minutes from major retailers like Costco and Home Depot, this location offers incredible convenience and consistent tenant demand. Investors will appreciate the strong, stable cash flow and low maintenance expenses. The building is 100% occupied with zero vacancies, featuring three reliable Section-8 tenants for guaranteed income. Further minimizing property wear-and-tear, each unit is lightly lived in with only 1 to 3 occupants. Parking is highly convenient, featuring two double-car garages alongside ample street parking. Don't miss out on this turnkey asset delivering consistent returns in a prime Orange County location!

Location

Address

10322 Park Ave, Garden Grove, CA, 92840

City

Garden Grove

Features and Finishes

Range Hood, Gas Range, Gas Oven, Dishwasher, Laundry Features: Inside, Entry, Kitchen, Living Room, Full Bathrooms: 2, Heating Features: Natural Gas, Heating: Yes, Door Features: Sliding Doors, Flooring: Tile, Laminate, Additional Parcels: No, Land Lease: No, Lot Description: Lot 6500-9999, Front Yard, Lot Size Acres: 0.16, Lot Size Source: Assessor, Lot Size Square Feet: 6970, Fencing: Average Condition, Garage Spaces: 4, Parking Total: 4, Gross Income: 117816, Gross Scheduled Income: 117816, Tenant Pays: Gas, Electricity, Rent Control: No, Number of Units: 4, Bedrooms in Unit-1: 2, Total Bathrooms in Unit-1: 2, Full Bathrooms in Unit-1: 2, Unit-1 Furnished Description: Unfurnished, Unit-1 Garage Spaces: 4, Unit 1 Total Actual Rent: 9818, Gardener Expense: 1040, Maintenance Expense: 1427, Community Features: Gutters, Curbs, Storm Drains, Sidewalks, Source Listing Status: Active, County: Orange, Source Property Type: Residential Income, Insurance Expense: 4385, Area: 65 - N of Blsa, S

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