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12811 Josephine St, Garden Grove, CA 92841
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12811 Josephine St Garden Grove, CA 92841

$1,400,000 Sold Price as of 06/13/2019
  • 11 Beds
  • 11 Baths
  • 5,636 Sq.Ft.
Sold
$1,400,000 Sold Price as of 06/13/2019 Refinance Your Mortgage
Map preview of 12811 Josephine St, Garden Grove, CA 92841

Property Overview: 12811 Josephine St Garden Grove, CA has 11 bedrooms, 11 bathrooms, 5,636 living square feet and 18,731 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great 7 unit income property in Garden Grove. Two buildings, 12811-12805 Josephine St. Second building was constructed in 2005. Huge lot for development and investment. All the units have had long term tenants. New paint and recently fixed the roof. Buyer should investigate all permits.

Listed by Jihyo Jang | BRE #02080820 | Keller Williams Realty
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
18,731
HOA Dues
$0/mo
Year built
1950
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
AR19062704
City
Garden Grove
County
Orange
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Leased Units: 7
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,375
  • Total Rent: $5,375
  • Pro Forma/Market Rent: $5,375
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.19%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,900
  • Net Operating Income: $90,819
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $30,080
  • Electric: $2,943
  • Gas/Fuel: $823
  • New Taxes: $21,875
  • Trash: $643
  • Gardener: $600
  • Insurance: $621
  • Professional Management: $0
  • Water/Sewer: $2,565

Property Details for 12811 Josephine St

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Landscaped, Lawn, Lot 10000-19999 Sqft
  • Lot Size Source: Owner
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 13346104
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Josephine st and Arcadia Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Garden Grove Agent

Sale History for 12811 Josephine St

Last sold for $1,400,000 on June 13th, 2019

  • June, 2019

  • Jun 14, 2019

    Date

    Sold

    CRMLS: AR19062704

    $1,400,000

    Price

  • Jun 13, 2019

    Date

    Pending

    CRMLS: AR19062704

    $1,750,000

    Price

  • May 26, 2019

    Date

    Active Under Contract

    CRMLS: AR19062704

    $1,750,000

    Price

  • Mar 21, 2019

    Date

    Active

    CRMLS: AR19062704

    $1,750,000

    Price

  • June, 2019

  • Jun 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,400,000

    Price

  • March, 2019

  • Mar 1, 2019

    Date

    Canceled

    CRMLS: SW18155139

    $1,750,000

    Price

  • Sep 2, 2018

    Date

    Pending

    CRMLS: SW18155139

    $1,750,000

    Price

  • Jul 6, 2018

    Date

    Active

    CRMLS: SW18155139

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    Back on Market. 3 buildings, 7 units, turn key, modern and clean! Great long term tenants. Original unit built in 1950 was remodeled in 2007 along with, 2 additional buildings added in 2007. Newer units have crown molding, high baseboards, flush lighting, raised panel doors, and dual glaze windows. Don't miss out on this Garden Grove opportunity before it's gone!

  • May, 2018

  • May 3, 2018

    Date

    Canceled

    CRMLS: SW17276209

    $1,795,000

    Price

  • Apr 23, 2018

    Date

    Pending

    CRMLS: SW17276209

    $1,795,000

    Price

  • Apr 13, 2018

    Date

    Active Under Contract

    CRMLS: SW17276209

    $1,795,000

    Price

  • Feb 22, 2018

    Date

    Price Change

    CRMLS: SW17276209

    $1,795,000

    Price

  • Feb 22, 2018

    Date

    Price Change

    CRMLS: SW17276209

    $1,750,000

    Price

  • Jan 11, 2018

    Date

    Price Change

    CRMLS: SW17276209

    $1,887,500

    Price

  • Dec 16, 2017

    Date

    Active

    CRMLS: SW17276209

    $1,987,500

    Price

  • Listing provided courtesy of CRMLS

    First time on market. 3 buildings, 7 units, turn key, modern and clean! Great long term tenants. Original unit built in 1950 was remodeled in 2007 along with, 2 additional buildings added in 2007. Newer units have crown molding, high baseboards, flush lighting, raised panel doors, and dual glaze windows. Don't miss out on this Garden Grove opportunity before it's gone!

  • August, 1999

  • Aug 25, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12811 Josephine St

Assessed Value (2020): $1,428,000
Year Land Value Improved Value Assessed Value
2020 $1,002,813 $425,187 $1,428,000

Home Value Compared to the Market

This property vs the competition

12811 Josephine St sold on June 13, 2019 for 107.1% 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 $310.5 per/sqft which puts the price per square foot 47.81% lower than the current median sale per square foot for the city of Garden Grove.

About 12811 Josephine St

Detailed summary of property

12811 Josephine St is a multi family that recently sold in Garden Grove, CA 92841. This multi family property offered 11 bedrooms, 11 bathrooms, roughly 5,636 living square feet, and sits on an approximately 18,731 square foot lot. 12811 Josephine St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,400,000. 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 107.1% higher than the current median priced home. Local homes that are currently for sale include 6401 Saint Paul Circle, 1827 W Gramercy Ave and 0 chestnut. While the average home in Garden Grove, CA is selling in 34 days, 12811 Josephine St has a days on market of 65 days. There are currently 157 homes for sale in the Garden Grove real estate market and 112 of them are single family homes while 37 of them are condos and 8 are townhomes. For more information on this home for sale at 12811 Josephine St Garden Grove, CA 92841 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 12811 Josephine St

Public county record property details
Beds
1
Baths
1
Year built
1953
Sq. Ft.
624
Lot Size
19,154
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
4
APN
133-461-04

The source for these homes facts are from public records.

92841 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,500
Median List Price/Sq.Ft.
$571
Median Sold Price
$925,000
Median Sold Price/Sq.Ft.
$646
Total Inventory
31
Median Sale to List Price %
105.71%
Avg Days on Market
14
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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