Garden Grove, CA 92841,12512 Camus Lane
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Garden Grove, CA 92841,12512 Camus Lane
Garden Grove, CA 92841,12512 Camus Lane
Garden Grove, CA 92841,12512 Camus Lane
Garden Grove, CA 92841,12512 Camus Lane

$1,600,000

Est. payment /mo

$1,700,000

5.9%
Est.Price: ?

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12512 Camus Lane Garden Grove, CA 92841

8,276 Sqft Lot

SOLD DATE : 08/30/2023

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision ,Other

MLS Listing ID OC23130728

Sold Date 08/30/23

HOA Y/N No

Year Built 1964

Lot Size 8,276 Sqft

Property Description

This well-maintained four-plex has incredible upside cash flow opportunity. A remarkable building boasting four enticing units, each offering spacious floorplans. This unparalleled investment opportunity promises not only a steady stream of rental income but also immense potential for appreciation and future cash flow. Nestled in the heart of Garden Grove, this four-plex enjoys the undeniable advantage of a highly sought-after location. With close proximity to major transportation routes, shopping centers, schools, and entertainment options, attracting long-term tenants is practically guaranteed. The property showcases a thoughtfully crafted unit mix, ensuring a broad appeal to a wide range of potential tenants. Unit #1, a 3-bedroom, 2-bathroom dwelling. Meanwhile, units #2, #3, and #4, each featuring 2 bedrooms and 1 bathroom. It additionally includes 6 private garage spaces and a community laundry room that generates extra income. The current month-to-month leases provide the astute investor with the flexibility to make adjustments or continue with existing arrangements. With the potential to optimize rental rates, this four-plex stands as a wise investment for those seeking a dependable income stream and excellent returns on their investment. Rest assured, this property has been well-maintained, ensuring that it remains an attractive choice for discerning tenants. All units are currently occupied, establishing immediate cash flow for the prospective investor. Act swiftly, and unlock the potential of this Garden Grove gem. Whether you're a seasoned investor or a newcomer to real estate investing, this property promises to be a rewarding investment. Don't miss out on this golden opportunity.

Location

State CA

County Orange

Area 63 - Garden Grove S Of Chapman, W Of Euclid

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type Gas

Fireplace Yes

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Utilities Available Natural Gas Connected

Roof Type Composition,Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description Greenbelt

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 13159102

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tom DeCuir • First Team Real Estate
Bought with Darwin Nguyen • HPT Realty

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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