12501 Janet Lane, Garden Grove, CA 92840

About this single-family home

HUGE PRICE REDUCTION! BRAND NEW CONSTRUCTION!! EXCELLENT INVESTMENT PROPERTY with HIGH Rental Income. Two Single Homes on a Lot in city of Garden Grove. Each detached home is approximately $595,000. First unit is brand new construction, approximately 750 SF, built in 2022, features 2BED/2BATH. Load of upgrades: 9FT ceiling, kitchen with over-sized island, high quality appliances, modern kitchen cabinet. Whole house has A/C system, recess lighting, wood flooring, walk-in closet, washer/dryer hookup, 2-car Attached Garage. Second unit is a 2BED/2BATH, 1150 sqft. House recently renovated with all upgrades, 2-car Attached garage. Current rent is $3,200/monthly. Market rent is $3,300/monthly. New built market rent is $2,800/monthly. Low maintenance property. Both units have it's own gas and electric meters. Plenty of parking on huge driveway. Minutes away from freeways, popular restaurants & other amenities. Don't miss this opportunity to own this high return rental income. Perfect to live in one unit and rent out the other unit for extra income.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$1,090,000

Sold January 2023 · listed $1,140,000, orig. $1,190,000, on market October 2022 · MLS #PW22224624 · Source: CRMLS

Listing Agent: Vinh Pham · Listing Office: NRI Group · Contact: 657-233-5233 · Bought with: Nancy Yeh Pham · Active Realty

$721,000

Sold September 2021 · listed $699,000, on market August 2021 · MLS #PW21177045 · Source: CRMLS

Listing Agent: Kathleen Ladd · Listing Office: RE/MAX College Park Realty · Contact: 714-786-8221 · Bought with: Vinh Pham · NRI Group

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