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12881 Fern Street, Garden Grove, CA 92841

Property · 2 recorded sales since 2017

12881 Fern Street, Garden Grove, CA 92841 Sold October 2017 CRMLS
$1,350,000Sold October 2017

Listing Agent: Michael Ferraiz (DRE #01323105) · Listing Office: The Kennedy Group · Contact: 714-598-4818 · Bought with: Michael Ferraiz · The Kennedy Group · MLS #PW17228277 · Source: CRMLS

8,276 sqft
Lot Size
1975
Year Built
Property
Type
2
Stories
5
Garage
ForcedAir
Heating

About this property

Excellent 4 unit building located in Orange County. The property is located near Beach Blvd and Garden Grove Blvd in the city of Garden Grove. The location offers high visibility in an area known for its strong tenancy, stable rent growth and a historically high occupancy rate. Terrific unit mix with one 3 Bedroom, 2 Bathroom owner's unit in front. Two - 2 Bedroom, 1 Bathroom units. And one - 2 Bedroom, 1.5 Bathroom unit. Five single car garages and onsite laundry. Built in 1975 and recently renovated, new kitchen in one unit. AC added to two units. This building has private patios and fireplaces. This four-unit building in Garden Grove offers a rare investment opportunity for an investor seeking a stable well maintained apartment complex with good cash flow!

Listing description from the October 2017 sale, as reported to CRMLS.

Sale history

$1,350,000
Sold October 2017 · listed $1,349,000, on market October 2017 · MLS #PW17228277 · Source: CRMLS
Listing Agent: Michael Ferraiz · Listing Office: The Kennedy Group · Contact: 714-598-4818 · Bought with: Michael Ferraiz · The Kennedy Group
$1,250,000
Sold January 2017 · on market September 2016 · MLS #PW16717790 · Source: CRMLS
Listing Agent: Kevin King · Listing Office: Marcus & Millichap · Contact: 562-257-1200 · Bought with: Mike Ferraiz · The Kennedy Group
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