PRIDE OF OWNERSHIP ASSET AT A 6.02% CAP RATE ON ACTUALS! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. The entire property was also just recently re-plumbed with new gas lines for each unit. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
Multi-familyProperty Type
1959Year Built
10,454 sq ftLot Size
$502Price/Sq.Ft.
8 car garageParking
Listed by Ruben Khorsandi•DRE #01085411• Alliance Investment RE Group
Contact: 949-683-6662
Bought with Adam Loria•DRE #02034381• Circle Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
10,454 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Orange County
APN
10050102
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 22, 2026.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 8
# of Parking Spaces: 8
Interior
Laundry Information
Has Laundry
Community
Interior Features
Entry Level: 1
Entry Location: 1
Levels: Two
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Corner Lot, 6-10 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 8
Common Walls: 2+ common walls
Parcel Number: 10050102
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $53,542
Utilities
Utilities Information
Sewer: Public Sewer
Location
Unit Type 1 Information
Unit Key Numeric: 11795263
Listing Key Numeric: 374232728
Actual Rent: $16,625
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 8
Furnished: Unfurnished
Total Rent: $16,625
Total # of Units: 8
Expenses
Fuel Expense: $3,336
Trash: $6,060
Total: $53,542
Insurance: $1,914
Water Sewer: $6,864
Electric: $456
Multi-Unit Information
Net Operating Income: $138,834
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 4,978
Gross Scheduled Income: $192,376
Gross Multiplier: 12.25
Gross Income: $192,376
Laundry Income: $4,500
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 1
# Of Separate Electric Meters: 9
# Of Buildings: 1
Neighborhood Information
Community Features: Street Lighting, Storm Drains, Sidewalks
Location Information
Latitude: 33.77361300
Longitude: -117.92444000
Other Subdivision Name: None
Directions: Located off of Garden Grove Blvd. & Rockinghorse Rd.
Subdivision Name: Other (OTHR)
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 10,454 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Orange County
APN: 10050102
Home facts updated by county records on Jul 22, 2026
Other
Listing Information
IDX Contact Info: 949-683-6662
Days Active in MLS: 319
Continuous Days Active in MLS: 319
Listing Agent Information
List Agent First Name: Ruben
List Agent Last Name: Khorsandi
Listing Office Information
List Office Name: Alliance Investment RE Group
Selling Agent Information
Buyer Agent First Name: Adam
Buyer Agent Last Name: Loria
Selling Office Information
Buyer Office Name: Circle Real Estate
Around this home
Schools
Ocia A. Peters Elementary School
Public K-6 • Assigned • 0.3mi
8/10
Izaak Walton Intermediate School
Public 7-8 • Assigned • 0.9mi
5/10
Santiago High School
Public 9-12 • Assigned • 0.8mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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