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10802 Palma Vista Avenue, Garden Grove, CA 92840
Priced at Only: $2,395,000
For more Information Call Mobile: 714.478.6676
Address: 10802 Palma Vista Avenue, Garden Grove, CA 92840
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  • MLS#: OC25156174 ( Apartment )
  • Street Address: 10802 Palma Vista Avenue
  • Viewed: 14
  • Price: $2,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 53
  • Additional Information
  • County: ORANGE
  • City: Garden Grove
  • Zipcode: 92840
  • Provided by: Pat Swanson
  • Contact: Pat Pat
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional cash flowing 8 unit apartment building in Garden Grove, delivering a strong 6.26% cap rate with immediate income and zero deferred maintenance. Every unit has been fully transformed with over the top, luxury level renovationsincluding in unit washer/dryers, quartz countertops, custom shaker cabinets, stainless steel appliances, new bathrooms, and designer finishes throughout. This turnkey property is 100% occupied and stabilized, offering an investor dependable income from day one. With no local rent control (only AB 1482), this is a rare, hassle free opportunity to own a high performing asset in a prime Orange County location.
Features
Building Area Total
  1. 5025.00
Carport Spaces
  1. 8.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 31
Electric Expense
  1. 1200.00
Entry Location
  1. Ground
Fuel Expense
  1. 2603.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 4274.00
Laundry Features
  1. Dryer Included
  2. Gas & Electric Dryer Hookup
  3. Gas Dryer Hookup
  4. Inside
  5. Stackable
  6. Washer Hookup
  7. Washer Included
Levels
  1. Two
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 149853.00
Parcel Number
  1. 08965203
Pool Features
  1. None
Postalcodeplus4
  1. 1340
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 442852357:CRM
Totalexpenses
  1. 88838.00
Trash Expense
  1. 4733.00
Uncovered Spaces
  1. 3.00
Vacancyallowance
  1. 6435
Views
  1. 14
Water Sewer Expense
  1. 6717.00
Water Source
  1. Public
Year Built
  1. 1961
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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