11662 Stuart Drive

Garden Grove, CA 92843

PRICE REDUCED

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-$817,000 (-17.03%)

$3,980,000

List Price

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1960

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Property Description

Location, location, location !! Well kept 16-unit multifamily investment property located in the heart of Garden Grove. Spanning a 0.43-acre lot, the property comprises 16 one-bedroom units, collectively offering 9,288 square feet of living area. The units are always fully leased, feature newer windows, sleek color front doors and approximately 10 units have been renovated with modern laminate wood flooring. The property provides gated access for added security, includes 10 garages and 6 carports with convenient alley access. Tenants can enjoy a spacious courtyard equipped with a BBQ area for entertaining. Additionally, there are 6 onsite laundry machines and 2 newer water heaters. Its highly convenient location makes this property an attractive option for both potential tenants and investors.

Listing Information

List Price $3,980,000
Status Active
MLS AR24137900
Type Residential Income
Subtype Apartment
Year Built 1960
Lot Size 19,166
Structure Size N/A
DOM 50
Courtesy Of CBD Investment Inc.
Listing Agent Margaret Lee DRE#00976428
Co-Listing Agent Van Tuyet To DRE#01749625

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
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Exterior Information

Maps

Listing information courtesy of: Margaret Lee, Van Tuyet To, CBD Investment Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.