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12271 Trask Ave, Garden Grove, CA 92843
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12271 Trask Ave Garden Grove, CA 92843

$1,224,000 Sold Price as of 08/13/2020
  • 8 Beds
  • 8 Baths
  • 4,492 Sq.Ft.
Sold
$1,224,000 Sold Price as of 08/13/2020 Refinance Your Mortgage
Map preview of 12271 Trask Ave, Garden Grove, CA 92843

Property Overview: 12271 Trask Ave Garden Grove, CA has 8 bedrooms, 8 bathrooms, 4,492 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Income Property, 4-plex Investment Opportunity. This offering presents an opportunity to acquire stable investment during the pandemic with 3 out of 4 units on Section 8 with a very long term tenants (literally no vacancy). Property is 4,492 sq ft and consists of (1) large 2BR, 2 Full Baths "owner" unit with a master suite and a fireplace; and (3) units (#2, #3, #4 ) townhouse style 2 story with 2 BR and 1.5 BA. 2 bedrooms and a full bath are upstairs and a half bath is downstairs. All 4 units have a private patio and 1 car garage. Property has been upgraded with a copper water line, new water heaters a few years ago. Unit #3 has been upgraded with new kitchen granite counter tops and cabinets about 7 years ago. Easy access to 22 Fwy, 5 Fwy and 57 Fwy. Very close to Disneyland. Across the street from Santiago High School and walking distance to elementary school! Please do not disturb tenants. Owner may carry.

Listed by Sasha Barber | BRE #01775729 | Guided Realty
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20126802
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: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,500
  • Net Operating Income: $41,568
  • Gross Operating Income: --
  • Laundry Income: $500
Annual Expense Breakdown
  • Total Operating Expense: $21,932
  • Electric: $293
  • Gas/Fuel: $580
  • New Taxes: $15,056
  • Trash: $1,200
  • Gardener: $960
  • Insurance: $1,815
  • Water/Sewer: $2,028

Property Details for 12271 Trask Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Fireplace(s)
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Living Room, See Remarks
Room Information
  • Flooring: Carpet, Tile
  • All Bedrooms Up, Kitchen, Living Room, Master Bedroom
Kitchen Information
  • Has Appliances
  • Electric Cooktop, Water Heater
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Common Roof, Composition, Shingle
  • Rain Gutters
  • Has Fence
  • Privacy, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage - Single Door, On Site, Private
Lot Information
  • Lot Features: Back Yard, Front Yard, Garden, Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 10135207
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Other Subdivision Name: E of Harbor, S of 22 FWY, Santiago High
  • Directions: E of Harbor, S of 22 FWY, across from Santiago High School
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Garden Grove Agent

Sale History for 12271 Trask Ave

Last sold for $1,224,000 on August 13th, 2020

  • August, 2020

  • Aug 14, 2020

    Date

    Sold

    CRMLS: PW20126802

    $1,224,000

    Price

  • Aug 7, 2020

    Date

    Pending

    CRMLS: PW20126802

    $1,250,000

    Price

  • Jul 6, 2020

    Date

    Active Under Contract

    CRMLS: PW20126802

    $1,250,000

    Price

  • Jun 30, 2020

    Date

    Active

    CRMLS: PW20126802

    $1,250,000

    Price

  • August, 2020

  • Aug 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,224,000

    Price

  • July, 2020

  • Jul 24, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12271 Trask Ave

Assessed Value (2020): $500,552
Year Land Value Improved Value Assessed Value
2020 $318,091 $182,461 $500,552

Home Value Compared to the Market

This property vs the competition

12271 Trask Ave sold on August 13, 2020 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 $278.27 per/sqft which puts the price per square foot 53.23% lower than the current median sale per square foot for the city of Garden Grove.

About 12271 Trask Ave

Detailed summary of property

12271 Trask Ave is a multi family that recently sold in Garden Grove, CA 92843. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 4,492 living square feet, and sits on an approximately 8,276 square foot lot. 12271 Trask Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,224,000. 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 2519 N Canal St, 434 E Truslow Ave and 6401 Saint Paul Circle. While the average home in Garden Grove, CA is selling in 32 days, 12271 Trask Ave 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 12271 Trask Ave 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 12271 Trask Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
4,492
Lot Size
8,440
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
2
APN
101-352-07

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.
$646
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
32
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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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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