Contact Xavier Gomez
Schedule A Showing
12621 Louise Cir., Garden Grove, CA 92841
Priced at Only: $1,999,900
For more Information Call
Address: 12621 Louise Cir., Garden Grove, CA 92841
Property Location and Similar Properties
- MLS#: PW26043611 ( Quadruplex )
- Street Address: 12621 Louise Cir.
- Viewed: 2
- Price: $1,999,900
- Price sqft: $0
- Waterfront: No
- Year Built: 1976
- Bldg sqft: 0
- Days On Market: 12
- Additional Information
- County: ORANGE
- City: Garden Grove
- Zipcode: 92841
- Subdivision: Other (othr)
- Provided by: Future Realty, Inc.
- Contact: Quynh Quynh

- DMCA Notice
-
DescriptionRare Turnkey Fourplex with Strong Cash Flow and Upside on a Quiet Cul de Sac Situated on an oversized 11,400+ sq ft lot, this fully remodeled income property generates nearly $11,000 per month in rental income with an approximate 5% cap ratean excellent opportunity for investors and 1031 exchange buyers seeking stable returns. The property features a highly desirable and flexible unit mix with two downstairs and two upstairs units: Downstairs: One 3 bedroom, 2 bath unit and One 1 bedroom, 1 bath unit Upstairs: Two 2 bedroom, 2 bath units All four units have been completely remodeled with new flooring, updated kitchens, double paned windows, fresh interior paint and remodeled bathrooms, resulting in strong tenant demand, premium rents, and long term, stable occupancy. Extensive capital improvements enhance long term value and reduce operating risk, including: new upgraded electrical panel, newer exterior paint, newer water heater, and five brand new garage doors with openers. Exceptional parking: 5 garages, 1 covered space, 6 on site open spaces, plus ample street parkingan uncommon and highly valuable feature for multi unit properties. Located in a peaceful residential setting yet close to major freeways, shopping, and dining, this property combines turnkey condition, strong current income, and long term appreciation potential in one of Garden Groves most in demand rental markets.
Features
Accessibility Features
- Parking
Appliances
- Gas Oven
Assessments
- None
Association Fee
- 0.00
Building Area Total
- 3835.00
Carport Spaces
- 1.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Cooling
- Central Air
Country
- US
Current Financing
- None
Electric
- Standard
Electric Expense
- 504.00
Fencing
- Brick
Fireplace Features
- Family Room
Flooring
- Vinyl
Fuel Expense
- 0.00
Garage Spaces
- 5.00
Gardner Expense
- 960.00
Heating
- Central
Improvementsamount
- 200000
Insurance Expense
- 3811.00
Interior Features
- Quartz Counters
- Recessed Lighting
Laundry Equipment Own Lease
- Own
Laundry Features
- Common Area
Laundry Income
- 1800.00
Levels
- Two
Lockboxtype
- None
Lot Features
- 2-5 Units/Acre
- Back Yard
Netoperatingincome
- 96431.00
Newtaxesexpense
- 24999.00
Otherexpense
- 888.00
Otherexpensedescription
- Gas
Parcel Number
- 21509112
Parking Features
- Garage
- Assigned
- Carport
Pool Features
- None
Property Type
- Quadruplex
Road Surface Type
- Paved
Roof
- Shingle
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 457506286:CRM
Spa Features
- None
Subdivision Name Other
- Other
Tenant Pays
- Electricity
Totalactualrent
- 10822.00
Totalexpenses
- 38607.00
Trash Expense
- 4920.00
Uncovered Spaces
- 6.00
Utilities
- Electricity Available
View
- Courtyard
Water Sewer Expense
- 2400.00
Water Source
- Public
Window Features
- Double Pane Windows
Year Built
- 1976
Year Built Source
- Estimated
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com






























