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$1,675,000

Est. payment - /mo

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7,840 Sqft Lot

Pending

11861 Bailey ST Garden Grove, CA 92845

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Faby Llerandi

[email protected] +1(951) 520-0260

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PW25131787

HOA Y/N No

Year Built 1963

Lot Size 7,840 Sqft

Property Sub-Type Quadruplex

Property Description

4 plex in PRIME WEST GARDEN GROVE LOCATION - Available for the first time in nearly 30 years! Nestled right along Chapman and Valley View - this multiunit property is made up of 4 townhouse style units each with 2 bedrooms upstairs and a shared full bath on second floor and a 1/2 bath on the first floor, and each has its own private patio plus there is a large green belt in front of the units. There are 4 single car garages that are include in the rent with each unit currently but could likely be rented out separately as they are detached from the units. Onsite is a enclosed community laundry room, there is a leased washer dryer which creates additional income. This property is walking distance to Eastgate park, and all the shops and entertainment on valley view and feeds into west garden grove schools which all rate 9 or 10 on great schools. This is a prime location for anyone looking to expand their real estate portfolio, the current rents are Unit A - $1,800, Unit B - $1,800, Unit C - $0, Unit D - $1,800 - proforma rent for is $2,500 for this PRIME location. Drive by only as to not disturb tenants, offer subject to interior inspection. Two of the four unit have private laundry hookups as well! Property has a newer roof, and Unit A has a new bathroom upstairs, all units have been upgraded and remodeled over the years in various way. All units feature dual pane windows and metal security screen doors. This is the perfect location to own investment property in Orange County!

Location

State CA

County Orange

Area 46 - Eastgate

Interior

Interior Features All Bedrooms Up

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 22422102

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Lease Land No

Listed by Laura Rose eXp Realty of California Inc 714-248-5216

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Faby Llerandi

Broker Associate | License ID: 01157215

+1(951) 520-0260

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