11761 Garden Grove Blvd, Garden Grove, CA 92843
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11761 Garden Grove Blvd Garden Grove, CA 92843

$1,600,000 Sold Price as of 08/09/2022
  • 9 Beds
  • 8 Baths
  • 4,060 Sq.Ft.
Sold
$1,600,000 Sold Price as of 08/09/2022 Refinance Your Mortgage

Map preview of 11761 Garden Grove Blvd, Garden Grove, CA 92843

Property Overview: 11761 Garden Grove Blvd Garden Grove, CA has 9 bedrooms, 8 bathrooms, 4,060 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A residential quadruplex building seating in Garden Grove near Newhope blvd is welcoming new owners to efficiently manage. The 4060 sf + 960sf (laundryroom w/ garage) dimensions make up to a gross sq ft of the 5020sf building. All units are occupied by long term tenants. A 3bed/2 #A rent is $2100, a 2bed/2 rent is $1875, a 2bed/2 rent is $1850, a 2bed/2 rent is $1500. The laundry room and balconies are fresh remodeled. Tenants are very satisfied with owner's management. Expenses are at minimum and low rates. Great chances to all professional investors.

Listed by An Thi Nguyen | BRE #00847066 | Ana Real Estate
Last checked: 2 minutes ago | Last updated: August 10th, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1976
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW22139455
City
Garden Grove
County
Orange
Time on Site
785 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,825
  • Total Rent: $1,825
  • Pro Forma/Market Rent: $1,875
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,875
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $1,890
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $87,600
  • Net Operating Income: $40,184
  • Gross Operating Income: $87,600
Annual Expense Breakdown
  • Total Operating Expense: $47,416
  • Electric: $5,000
  • Gas/Fuel: $0
  • New Taxes: $11,226
  • Trash: $1,000
  • Insurance: $1,876
  • Maintenance: $4,200
  • Water/Sewer: $1,360

Property Details for 11761 Garden Grove Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Community, Dryer Included, Electric Dryer Hookup, Washer Hookup
Room Information
  • Living Room, Master Bathroom
Kitchen Information
  • Has Appliances
  • Electric Oven, Electric Range, Disposal
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 17
  • Parking Features: Garage, Street
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 09029420
  • Year Built Source: Other
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: near Newhope St
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 11761 Garden Grove Blvd

Last sold for $1,600,000 on August 9th, 2022
  • August, 2022

  • Aug 9, 2022

    Date

    Sold

    CRMLS: PW22139455

    $1,600,000

    Price

  • Jul 4, 2022

    Date

    Active

    CRMLS: PW22139455

    $1,650,000

    Price

  • November, 2002

  • Nov 7, 2002

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

  • May, 2002

  • May 23, 2002

    Date

    Sold (Public Records)

    Public Records

    $465,000

    Price

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Tax History for 11761 Garden Grove Blvd

Assessed Value (2020): $834,312
Year Land Value Improved Value Assessed Value
2020 $576,416 $257,896 $834,312

Home Value Compared to the Market

This property vs the competition

11761 Garden Grove Blvd sold on August 9, 2022 for 95.27% higher than the current median sold price for the city of Garden Grove which is $845,000. The median sold price per/sqft for Garden Grove is $595 and this home is sold at $406.4 per/sqft which puts the price per square foot 31.7% lower than the current median sale per square foot for the city of Garden Grove.

About 11761 Garden Grove Blvd

Detailed summary of property

11761 Garden Grove Blvd is a fourplex that recently sold in Garden Grove, CA 92843. This fourplex offered 9 bedrooms, 8 bathrooms, roughly 4,060 living square feet, and sits on an approximately 7,405 square foot lot. 11761 Garden Grove Blvd was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,600,000. Home in Garden Grove are selling for a median price of $845,000 and a median price per square foot of $595. Based on Ardent Real Estate Group's Garden Grove Market Data, this home is sold 95.27% higher than the current median priced home. Local homes that are currently for sale include 2163 W Brownwood Ave, 2550 W Rowland Ave and 301 E Mills Dr. While the average home in Garden Grove, CA is selling in 34 days, 11761 Garden Grove Blvd has a days on market of 14 days. There are currently 157 homes for sale in the Garden Grove real estate market and 112 of them are single family homes while 37 of them are condos and 8 are townhomes. For more information on this home for sale at 11761 Garden Grove Blvd Garden Grove, CA 92843 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 11761 Garden Grove Blvd

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
4,060
Lot Size
7,514
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
090-294-20

The source for these homes facts are from public records.

92843 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$880,000
Median List Price/Sq.Ft.
$645
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
28
Median Sale to List Price %
98.82%
Avg Days on Market
26
Loan Type
Conventional (38.89%), FHA (5.56%), VA (5.56%), Cash (0%), Other (50%)

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Related Resources to 11761 Garden Grove Blvd

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.