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12071 Laguna St, Garden Grove, CA 92840
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12071 Laguna St Garden Grove, CA 92840

$1,250,000 Sold Price as of 09/25/2019
  • 8 Beds
  • 6 Baths
  • 5,214 Sq.Ft.
Sold
$1,250,000 Sold Price as of 09/25/2019 Refinance Your Mortgage
Map preview of 12071 Laguna St, Garden Grove, CA 92840

Property Overview: 12071 Laguna St Garden Grove, CA has 8 bedrooms, 6 bathrooms, 5,214 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This well maintained 4 unit income property has one 3 bedroom, 2 bath unit, one 2 bedroom, 2 bath units, one 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit - all are turn-key. This property is freeways and public transportation close. There are 6 garages on the property with plenty of additional onsite parking. Each unit has their own gas and electric meters with one water meter for the entire building. There is a laundry room on the property for an optional monthly income. All repairs are up to date on all units with no deferred maintenance. There are no vacancies with long term tenants.

Listed by Robert Diulio | BRE #01722187 | First Team Estates
Co-listed by Suzanne Diulio | BRE #01722238 | First Team Estates
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1964
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19187605
City
Garden Grove
County
Orange
Time on Site
1530 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $80,700
  • Net Operating Income: $61,346
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,354
  • Electric: $186
  • Gas/Fuel: $876
  • New Taxes: $12,500
  • Trash: $2,198
  • Gardener: $600
  • Insurance: $1,379
  • Water/Sewer: $2,460

Property Details for 12071 Laguna St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 23101202
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Harbor to Chapman - go east to Bayport Street - turn right to Balboa - follow that around and will turn into Laguna Street - property is on the right - DRIVE BY ONLY
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Garden Grove Agent

Sale History for 12071 Laguna St

Last sold for $1,250,000 on September 25th, 2019

  • September, 2019

  • Sep 26, 2019

    Date

    Sold

    CRMLS: OC19187605

    $1,250,000

    Price

  • Aug 14, 2019

    Date

    Active Under Contract

    CRMLS: OC19187605

    $1,250,000

    Price

  • Aug 7, 2019

    Date

    Active

    CRMLS: OC19187605

    $1,250,000

    Price

  • September, 2019

  • Sep 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

  • December, 2016

  • Dec 1, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,160,000

    Price

Show More

Tax History for 12071 Laguna St

Assessed Value (2020): $1,225,000
Year Land Value Improved Value Assessed Value
2020 $1,083,765 $141,235 $1,225,000

Home Value Compared to the Market

This property vs the competition

12071 Laguna St sold on September 25, 2019 for 47.93% 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 $239.74 per/sqft which puts the price per square foot 59.71% lower than the current median sale per square foot for the city of Garden Grove.

About 12071 Laguna St

Detailed summary of property

12071 Laguna St is a multi family that recently sold in Garden Grove, CA 92840. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 5,214 living square feet, and sits on an approximately 7,841 square foot lot. 12071 Laguna St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,250,000. 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 47.93% higher than the current median priced home. Local homes that are currently for sale include 7161 Main St, 7566 Fillmore Dr and 7565 Fillmore Dr. While the average home in Garden Grove, CA is selling in 32 days, 12071 Laguna St has a days on market of 5 days. There are currently 161 homes for sale in the Garden Grove real estate market and 113 of them are single family homes while 38 of them are condos and 10 are townhomes. For more information on this home for sale at 12071 Laguna St 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 12071 Laguna St

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,014
Lot Size
7,982
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
29
APN
231-012-02

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
$875,000
Median List Price/Sq.Ft.
$600
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$558
Total Inventory
56
Median Sale to List Price %
101.69%
Avg Days on Market
22
Loan Type
Conventional (53.85%), FHA (0%), VA (0%), Cash (7.69%), Other (38.46%)

Thinking of Selling?

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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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