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12091 Laguna St, Garden Grove, CA 92840
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12091 Laguna St Garden Grove, CA 92840

$1,200,000 Sold Price as of 05/08/2019
  • 8 Beds
  • 6 Baths
  • 4,014 Sq.Ft.
Sold
$1,200,000 Sold Price as of 05/08/2019 Refinance Your Mortgage
Map preview of 12091 Laguna St, Garden Grove, CA 92840

Property Overview: 12091 Laguna St Garden Grove, CA has 8 bedrooms, 6 bathrooms, 4,014 living square feet and 8,073 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own a popular layout 4 - unit building in Garden Grove. Property is near the Outlets in Orange and Christ Cathedral Church. Units are in good condition with potential upside in rents to the buyers advantage. PROPERTY HIGHLIGHTS • "Owner Unit" up front - 3 Bed / 2 Bath with Fireplace • Single 1 car garage - 4 carports • Patios and Balconies • Laundry Room

Listed by Christopher Combs | BRE #01930012 | Gorman & Associates
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
8,073
HOA Dues
$0/mo
Year built
1964
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19024840
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 Leased Units: 4
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,394
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.7%
  • Gross Rent Multiplier: 17.2
  • Gross Scheduled Income: $71,160
  • Net Operating Income: $45,291
  • Gross Operating Income: $69,025
  • Vacancy Allowance: $2,134
  • Gross Spendable Income: $71,160
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $23,734
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $13,475
  • Trash: $2,064
  • Gardener: $1,368
  • Insurance: $1,200
  • Water/Sewer: $3,923
  • Other Expenses: $1,404
  • Other Expense Description: Gas/Elec

Property Details for 12091 Laguna St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Other
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 23101203
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: None
  • Directions: Bayport Street off of Chapman Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Garden Grove Agent

Sale History for 12091 Laguna St

Last sold for $1,200,000 on May 8th, 2019

  • May, 2019

  • May 9, 2019

    Date

    Sold

    CRMLS: PW19024840

    $1,200,000

    Price

  • Mar 27, 2019

    Date

    Active Under Contract

    CRMLS: PW19024840

    $1,225,000

    Price

  • Feb 1, 2019

    Date

    Active

    CRMLS: PW19024840

    $1,225,000

    Price

  • May, 2019

  • May 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

Show More

Tax History for 12091 Laguna St

Assessed Value (2020): $1,224,000
Year Land Value Improved Value Assessed Value
2020 $1,086,908 $137,092 $1,224,000

Home Value Compared to the Market

This property vs the competition

12091 Laguna St sold on May 8, 2019 for 44.97% 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 $305.18 per/sqft which puts the price per square foot 48.71% lower than the current median sale per square foot for the city of Garden Grove.

About 12091 Laguna St

Detailed summary of property

12091 Laguna St is a multi family that recently sold in Garden Grove, CA 92840. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 4,014 living square feet, and sits on an approximately 8,073 square foot lot. 12091 Laguna St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,200,000. 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 44.97% higher than the current median priced home. Local homes that are currently for sale include 17372 Dairyview Circle, 17412 Dairyview Circle and 6401 Saint Paul Circle. While the average home in Garden Grove, CA is selling in 32 days, 12091 Laguna St has a days on market of 32 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 12091 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 12091 Laguna St

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,014
Lot Size
8,073
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
30
APN
231-012-03

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%)

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Recently Sold Homes Near 12091 Laguna St

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12102 Laguna St, Garden Grove, CA 92840
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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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