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Mike Althof

mike.althof@gmail.com +1(619) 417-5766

$ 1,950,000

Est. payment -/mo

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12292 Ranchero Avenue #4 Garden Grove, CA 92843

8 Beds

6.5 Baths

4,492 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 4,492 sqft

Price per Sqft $434

MLS Listing ID PW26011626

Bedrooms 8

Full Baths 5

Half Baths 3

Year Built 1963

Lot Size 9,148 Sqft

Property Sub-Type All Other Attached

Property Description

Great Investment Opportunity! This corner lot 4 unit property is located in the highly sought-after city of Garden Grove, offering a rare chance to own a one of a kind income producing property in a prime location. The property boasts amazing curb appeal and features an attached 4 car garage with additional space to build extra outdoor parking, already approved by the city. The property consists of a mix of unit types. One of the units is a single level 2 bedroom, 2 bath with its own private patio. Inside, you'll find a spacious open floor plan, including a cozy living room with a fireplace. The kitchen is nicely sized with quartz countertops, a breakfast counter, and a dining area that opens to the yard. One of the bedrooms has an attached bath, while the secondary bedroom is conveniently located near a full hallway bath. The other three units are two story and each offers 2 bedrooms and 1.5 baths, along with a private patio. The main level of each features an open floor plan with a spacious living room that leads to the private patio, a breakfast nook, and a kitchen with quartz countertops and a half bath. Upstairs, there are two generously sized bedrooms with ample closet space, and a fully remodeled hallway bath. At the rear of the property, you'll find four garage spaces, one for each unit, along with a community laundry room that provides an opportunity for extra income. This property presents a true gem and exceptional investment opportunity - live in one unit and rent out the others for maximum rental income. With current rents below market value, there's significan

Location

State CA

County Orange

Direction Trask Ave. / Harbor Blvd.

Interior

Heating Forced Air Unit

Cooling Wall/Window

Flooring Laminate, Tile

Fireplaces Type FP in Living Room

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 4.0

Fence Excellent Condition, Wood

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 10135201

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by Joseph Lee Nexteam Real Estate

Mike Althof

Broker Associate, Althof & Associates Team Lead | License ID: 01245962

+1(619) 417-5766

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Mike Althof

12292 Ranchero Avenue #4 Garden Grove, CA 92843

Key Details

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Interior

Exterior

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Others

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12292 Ranchero Avenue #4