13612 Gaines Circle new

Garden Grove,CA 92843

$ 1550000

8 Beds

5 Baths

2590 SqFt


Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 2,590 sqft

Price per Sqft $598

MLS Listing ID OC24234067

Style All Other Attached

Bedrooms 8

Full Baths 5

Year Built 2024

Lot Size 7,000 Sqft

Property Description

Incredible 4-UNIT investment property nestled in the highly desirable neighborhood of Garden Grove. Unit 1-BRAND NEW CONSTRUCTION: 4BED / 2 BATH, approx. 1,200SF, 1 Car Garage + 2 Car Driveway. Current Rent: $3,900/month. Unit 2- MAIN HOUSE: 2BED / 1BATH, approx. 700SF, 2 Car Driveway. Market Rent: $2,200/month. Unit 3-STUDIO A: Attached to the Main House- Full Kitchen & Bathroom, includes Washer & Dryer Machine. Market Rent: $1600/month. Unit 4-STUDIO B: Attached to the Main House- Full Kitchen & Bathroom, includes Waher & Dryer Hookups. Market Rent: $1500/month. ADU has an open floor plan, vinyl flooring, recessed lighting, walk-in closets, A/C, washer/dryer hookups. Separate Gas and Electric meters; Tenants pay for all utilities. Maintenance will be hassle-free for the next 10+ years. Perfect for first time homeowners looking to live in one unit and rent out the other two units. Ideal choice for 1031-exchange opportunity, homeowners and investors. Don't miss this profitable opportunity!
Incredible 4-UNIT investment property nestled in the highly desirable neighborhood of Garden Grove. Unit 1-BRAND NEW CONSTRUCTION: 4BED / 2 BATH, approx. 1,200SF, 1 Car Garage + 2 Car Driveway. Current Rent: $3,900/month. Unit 2- MAIN HOUSE: 2BED / 1BATH, approx. 700SF, 2 Car Driveway. Market Rent: $2,200/month. Unit 3-STUDIO A: Attached to the Main House- Full Kitchen & Bathroom, includes Washer & Dryer Machine. Market Rent: $1600/month. Unit 4-STUDIO B: Attached to the Main House- Full Kitchen & Bathroom, includes Waher & Dryer Hookups. Market Rent: $1500/month. ADU has an open floor plan, vinyl flooring, recessed lighting, walk-in closets, A/C, washer/dryer hookups. Separate Gas and Electric meters; Tenants pay for all utilities. Maintenance will be hassle-free for the next 10+ years. Perfect for first time homeowners looking to live in one unit and rent out the other two units. Ideal choice for 1031-exchange opportunity, homeowners and investors. Don't miss this profitable opportunity!

Location

State CA

County Orange

Area Oc - Garden Grove (92843)

Interior

Cooling Central Forced Air

Flooring Linoleum/Vinyl

Fireplaces Type FP in Living Room

Equipment Microwave,Gas Range

Exterior

Garage Spaces 1.0

Roof Type Asphalt

Building

Lot Description Sidewalks

Story 1

Sewer Public Sewer

Water Public

Others

Monthly Total Fees $41

Acceptable Financing Cash,Conventional,FHA,Cash To New Loan

Listing Terms Cash,Conventional,FHA,Cash To New Loan

Special Listing Condition Standard

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