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12291 Trask Ave, Garden Grove, CA 92843
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12291 Trask Ave Garden Grove, CA 92843

$1,450,000 Sold Price as of 01/31/2020
  • 8 Beds
  • 8 Baths
  • 4,492 Sq.Ft.
Sold
$1,450,000 Sold Price as of 01/31/2020 Refinance Your Mortgage
Map preview of 12291 Trask Ave, Garden Grove, CA 92843

Property Overview: 12291 Trask Ave Garden Grove, CA has 8 bedrooms, 8 bathrooms, 4,492 living square feet and 10,454 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: All income and expense are REAL and complete numbers, not proforma. Income Property, 4-plex Investment Opportunity. Very stable income. Literally no vacancy. Huge Corner Lot. All 4 units have view of Santiago High School! Building is 4,492 sqft. One unit (#1) is the “managers unit”, it is 1 story, 2 BR, 2 BA. It has one Master Bedroom, a Fireplace and A/C. Three units (#2, #3, #4 ) are townhouse style 2 story with 2 BR and 1.5 BA, both BR’s and one full bath room upstairs. The half bath is downstairs. All 4 units have a private patio and 2 private parking of which 1 is a detached private garage and 1 is a private parking space. New Roof in 2013. Property was upgraded in 2018/19 with new energy efficient windows, A/C’s, counter tops, appliances, LED lights and new garage doors. Income producing private laundry room. All Tenants pay Renters Insurance. Property Tax is 1.00%, incl. addtl. assessments 1.2045% total. Sold AS-IS. Seller's choice of all services. Information deemed reliable but not guaranteed. Any statements regarding the property, the property size, property location, lot size, building size, room size, dimensions and square footage are approximative only and have not been verified by Seller or Broker. Buyer is advised to perform its own investigation and due diligence as to the condition and suitability. Easy access to 22 Fwy 5 Fwy and 57 Fwy. Very close to Disneyland. Do not talk to and disturb Tenants. Units #1 and #4 share in utilities.

Listed by Chris Friedl | BRE #01318954 | NuCapital Corp
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
10,454
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
OC19249662
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: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,030
  • Total Rent: $2,030
  • Pro Forma/Market Rent: $2,525
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,419
  • Total Rent: $2,419
  • Pro Forma/Market Rent: $2,420
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,419
  • Total Rent: $2,419
  • Pro Forma/Market Rent: $2,420
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,109
  • Total Rent: $2,109
  • Pro Forma/Market Rent: $2,420
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: 15.78
  • Gross Scheduled Income: $107,712
  • Net Operating Income: $75,257
  • Gross Operating Income: $107,712
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 4
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $900
  • Laundry Own/Lease: Own
  • Other Income 1: $3,480
  • Other Income Description: util share paid by tenants
  • Personal Property: $750
  • Improvements Total: $148,392
Annual Expense Breakdown
  • Total Operating Expense: $32,455
  • Electric: $317
  • Gas/Fuel: $1,048
  • Licenses: $20
  • New Taxes: $19,272
  • Trash: $1,219
  • Gardener: $960
  • Insurance: $2,175
  • Maintenance: $4,800
  • Water/Sewer: $2,108

Property Details for 12291 Trask Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Forced Air, Fireplace(s)
Laundry Information
  • Has Laundry
  • Common Area, Community, Dryer Included, Individual Room, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Masonry
Room Information
  • Flooring: Carpet, Tile
  • Kitchen, Living Room, Main Floor Master Bedroom, See Remarks
Kitchen Information
  • Has Appliances
  • Electric Oven, Electric Range, Electric Cooktop, Gas Water Heater, Range Hood, Water Heater Central
Interior Features
  • Ceiling Fan(s), Storage, Tile Counters
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Common Roof, Composition, Shingle
  • Rain Gutters
  • Has Fence
  • Privacy, See Remarks, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Built-In Storage, Detached Carport, Garage, Garage - Single Door, On Site, Parking Space, Private, See Remarks
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Level, Near Public Transit, Patio Home, Sprinklers In Front, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: See Remarks
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 10135208
  • Year Built Source: Public Records
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
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 Santiago High
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Gutters
View more facts & features

Local Garden Grove Agent

Sale History for 12291 Trask Ave

Last sold for $1,452,500 on January 31st, 2020

  • February, 2020

  • Feb 5, 2020

    Date

    Sold

    CRMLS: OC19249662

    $1,450,000

    Price

  • Dec 31, 2019

    Date

    Active Under Contract

    CRMLS: OC19249662

    $1,500,000

    Price

  • Dec 27, 2019

    Date

    Price Change

    CRMLS: OC19249662

    $1,500,000

    Price

  • Nov 21, 2019

    Date

    Price Change

    CRMLS: OC19249662

    $1,700,000

    Price

  • Oct 29, 2019

    Date

    Active

    CRMLS: OC19249662

    $1,900,000

    Price

  • January, 2020

  • Jan 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,452,500

    Price

  • December, 2013

  • Dec 27, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12291 Trask Ave

Assessed Value (2020): $703,736
Year Land Value Improved Value Assessed Value
2020 $552,377 $151,359 $703,736

Home Value Compared to the Market

This property vs the competition

12291 Trask Ave sold on January 31, 2020 for 77.51% 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 $333.93 per/sqft which puts the price per square foot 43.88% lower than the current median sale per square foot for the city of Garden Grove.

About 12291 Trask Ave

Detailed summary of property

12291 Trask Ave is a apartment that recently sold in Garden Grove, CA 92843. This apartment offered 8 bedrooms, 8 bathrooms, roughly 4,492 living square feet, and sits on an approximately 10,454 square foot lot. 12291 Trask Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,450,000. 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 77.51% higher than the current median priced home. Local homes that are currently for sale include 1833 E Stearns Ave, 2163 W Brownwood Ave and 2550 W Rowland Ave. While the average home in Garden Grove, CA is selling in 32 days, 12291 Trask Ave has a days on market of 63 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 12291 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 12291 Trask Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
4,494
Lot Size
10,450
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
3
APN
101-352-08

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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