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10101 Lampson Ave, Garden Grove, CA 92840
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10101 Lampson Ave Garden Grove, CA 92840

$3,798,000
  • 16 Beds
  • 14 Baths
  • 7,750 Sq.Ft.
Back Up Offer
$3,798,000 Get Pre-Qualified
Map preview of 10101 Lampson Ave, Garden Grove, CA 92840

Property Overview: 10101 Lampson Ave Garden Grove, CA has 16 bedrooms, 14 bathrooms, 7,750 living square feet and 34,894 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Situated on 34,894 Sq., Ft., of land, this 12-unit complex is perfect for savvy investors looking to land bank two large parcels for the future. Not only does this site allow for future development, but the grounds can also accommodate 4 ADU units. Currently, the buildings features 2 - 3 Bedroom/2 Bath Houses, and 10 - 1 Bedroom/1 Bath residences. Don't miss out on this golden opportunity for generations to come.

Listed by Pat Swanson | BRE #01382974 | Pat Swanson
Last checked: 7 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 21
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Home details

Lot Sq. Ft
34,894
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Apartment
Status
Back Up Offer
MLS#
OC24071403
City
Garden Grove
County
Orange
Time on Site
21 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 6
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,566
  • Total Rent: $14,566
  • Pro Forma/Market Rent: $18,150
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,050
  • Total Rent: $4,050
  • Pro Forma/Market Rent: $6,390
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $223,392
  • Net Operating Income: $149,177
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $77,233
  • Electric: $556
  • Gas/Fuel: $548
  • Trash: $3,023
  • Insurance: $8,300
  • Professional Management: $0
  • Water/Sewer: $5,419

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Property Details for 10101 Lampson Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 12
  • Parcel Number: 08936208
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 10101-21 Lampson Avenue
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Garden Grove Agent

Sale History for 10101 Lampson Ave

Last sold for $1,610,000 on July 14th, 2004

  • May, 2024

  • May 2, 2024

    Date

    Back Up Offer

    CRMLS: OC24071403

    $3,798,000

    Price

  • Apr 11, 2024

    Date

    Active

    CRMLS: OC24071403

    $3,798,000

    Price

  • July, 2004

  • Jul 14, 2004

    Date

    Sold (Public Records)

    Public Records

    $1,610,000

    Price

  • July, 2004

  • Jul 14, 2004

    Date

    Sold (Public Records)

    Public Records

    $62,500

    Price

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Tax History for 10101 Lampson Ave

Assessed Value (2020): $1,026,014
Year Land Value Improved Value Assessed Value
2020 $834,837 $191,177 $1,026,014

Home Value Compared to the Market

This property vs the competition

10101 Lampson Ave is listed 289.94% higher than the median list price for the city of Garden Grove which has a median list price of $974,000. The median price per/sqft for Garden Grove is $603 and this home is listed at $490.06 per/sqft which puts the price per square foot 18.73% lower than the median price per square foot for the city of Garden Grove.

About 10101 Lampson Ave

Detailed summary of property

10101 Lampson Ave is a apartment located in Garden Grove, CA 92840 and is currently in escrow to be sold. This apartment offers 16 bedrooms, 14 bathrooms, roughly 7,750 living square feet, and sits on an approximately 34,894 square foot lot. 10101 Lampson Ave was first listed on ArdentRealEstateGroup.com on April 11, 2024. The homeowner is currently asking $3,798,000. The median priced home in Garden Grove is $974,000 with a median price per square foot of $603. Based on Ardent Real Estate Group's Garden Grove Market Data, this home is listed 289.94% higher than the median priced home. Local competing homes currently for sale include 205 Huntington St, 12310 La Pomelo Rd and 1071 Walnut St. While the average home in Garden Grove, CA is selling in 33 days, 10101 Lampson Ave has a days on market of 21 days. There are currently 117 homes for sale in the Garden Grove real estate market and 95 of them are single family homes while 17 of them are condos and 5 are townhomes. For more information on this home for sale at 10101 Lampson Ave Garden Grove, CA 92840 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 10101 Lampson Ave

Public county record property details
Beds
--
Baths
--
Year built
1942
Sq. Ft.
1,500
Lot Size
17,779
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
089-362-08

The source for these homes facts are from public records.

92840 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$655,000
Median Sold Price/Sq.Ft.
$528
Total Inventory
42
Median Sale to List Price %
100.77%
Avg Days on Market
15
Loan Type
Conventional (38.46%), FHA (7.69%), VA (0%), Cash (38.46%), Other (15.38%)

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Recently Sold Homes Near 10101 Lampson Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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