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12142 Laguna St, Garden Grove, CA 92840
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12142 Laguna St Garden Grove, CA 92840

$1,375,000 Sold Price as of 01/20/2021
  • 8 Beds
  • 6 Baths
  • 7,018 Sq.Ft.
Sold
$1,375,000 Sold Price as of 01/20/2021 Refinance Your Mortgage
Map preview of 12142 Laguna St, Garden Grove, CA 92840

Property Overview: 12142 Laguna St Garden Grove, CA has 8 bedrooms, 6 bathrooms, 7,018 living square feet and 7,018 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing 4-plex investment opportunity in highly sought-after location. One of the best rental locations in the OC. Exudes Pride of Ownership....tens of thousands just invested....fresh and ready for new ownership with just completed asset preservation repair/renovations to include new heaters, plumbing fixtures, 100-gal community water heater, hardscape, refinished flooring on stairs, 2nd floor walkway and balconies, section 1 pest repairs to include extensive wood repair, and freshly updated exterior paint. 4-plex consists of Unit 1: 3 bed/2 bath/2 car garage (front ground floor, fireplace, updated baths, and private patio), Unit 2: 1bed/1 bath/1 car garage (ground floor with updated bath and private patio), Unit 3: 2bed/1 bath/2 car garage (upstairs-updated kitchen with granite counters, tiled in tub, and balcony), and Unit: 4 2bed/ 2 bath/1 car garage (upstairs with updated baths and balcony). On site community laundry, all units have sectional garage doors. The property is conveniently located to restaurants, retail shopping centers, freeways, public transportation, and major employers. Great upside opportunity...don't wait on this one!

Listed by Marco Bernardino | BRE #01488631 | Real Estate Center
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,018
HOA Dues
$0/mo
Year built
1965
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
NDP2100825
City
Garden Grove
County
Orange
Time on Site
1271 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • 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
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,200
  • Net Operating Income: $41,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,000
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 12142 Laguna St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 23101120
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Chapman to Bayport to Newport to Laguna on right. AGENT
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Garden Grove Agent

Sale History for 12142 Laguna St

Last sold for $1,375,000 on January 20th, 2021

  • January, 2021

  • Jan 25, 2021

    Date

    Sold

    CRMLS: ND20255684

    $1,375,000

    Price

  • Jan 15, 2021

    Date

    Active Under Contract

    CRMLS: ND20255684

    $1,350,000

    Price

  • Jan 15, 2021

    Date

    Pending

    CRMLS: ND20255684

    $1,350,000

    Price

  • Dec 11, 2020

    Date

    Active

    CRMLS: ND20255684

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing 4-plex investment opportunity in highly sought-after location. One of the best rental locations in the OC. Exudes Pride of Ownership....tens of thousands just invested....fresh and ready for new ownership with just completed asset preservation repair/renovations to include new heaters, plumbing fixtures, 100-gal community water heater, hardscape, refinished flooring on stairs, 2nd floor walkway and balconies, section 1 pest repairs to include extensive wood repair, and freshly updated exterior paint. 4-plex consists of Unit 1: 3 bed/2 bath/2 car garage (front ground floor, fireplace, updated baths, and private patio), Unit 2: 1bed/1 bath/1 car garage (ground floor with updated bath and private patio), Unit 3: 2bed/1 bath/2 car garage (upstairs-updated kitchen with granite counters, tiled in tub, and balcony), and Unit: 4 2bed/ 2 bath/1 car garage (upstairs with updated baths and balcony). On site community laundry, all units have sectional garage doors. The property is conveniently located to restaurants, retail shopping centers, freeways, public transportation, and major employers. Great upside opportunity...don't wait on this one!

  • January, 2021

  • Jan 20, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,375,000

    Price

  • May, 2001

  • May 3, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12142 Laguna St

Assessed Value (2020): $141,551
Year Land Value Improved Value Assessed Value
2020 $45,724 $95,827 $141,551

Home Value Compared to the Market

This property vs the competition

12142 Laguna St sold on January 20, 2021 for 59.76% 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 $192.36 per/sqft which puts the price per square foot 67.67% lower than the current median sale per square foot for the city of Garden Grove.

About 12142 Laguna St

Detailed summary of property

12142 Laguna St is a fourplex that recently sold in Garden Grove, CA 92840. This fourplex offered 8 bedrooms, 6 bathrooms, roughly 7,018 living square feet, and sits on an approximately 7,018 square foot lot. 12142 Laguna St was first listed on ArdentRealEstateGroup.com on April 6, 2021. The homeowner sold the property for $1,375,000. 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 59.76% higher than the current median priced home. Local homes that are currently for sale include 2075 N Highland St, 231 W Knepp Ave and 12936 Adelle St. 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 12142 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 12142 Laguna St

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
4,014
Lot Size
7,018
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
231-011-20

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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Recently Sold Homes Near 12142 Laguna St

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$1,250,000 Last Sold Price
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Related Resources to 12142 Laguna St

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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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