12833 Brookhurst Way, Garden Grove, CA 92841
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12833 Brookhurst Way Garden Grove, CA 92841

$6,600,000 Sold Price as of 11/20/2019
  • 36 Beds
  • 30 Baths
  • 20,492 Sq.Ft.
Sold
$6,600,000 Sold Price as of 11/20/2019 Refinance Your Mortgage

Map preview of 12833 Brookhurst Way, Garden Grove, CA 92841

Property Overview: 12833 Brookhurst Way Garden Grove, CA has 36 bedrooms, 30 bathrooms, 20,492 living square feet and 52,272 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***SUPER CLEAN 24 UNIT IN A GREAT AREA OF GARDEN GROVE, FIRST TIME ON THE MARKET IN 33 YEARS! BUILT IN 1979, HUGE LOT OVER 52,000 SQUARE FEET, EXCELLENT UNIT MIX (6) 2 BR + 2 BA, (6) 2 BR + 1 BA, (12) 1 BR + 1 BA, MOST UNITS HAVE EITHER A PRIVATE YARD OR BALCONY, ALL UNITS HAVE A FIREPLACE, AND MANY HAVE A WALK-IN CLOSET, LARGE UNITS, INDIVIDUAL GAS AND ELECTRIC METERS. AND SOLAR WAS INSTALLED FOR LOW ELECTRIC BILLS, 2 LAUNDRY ROOMS, NEWLY PAVED/REPAIRED DRIVEWAY, PLENTY OF PARKING - 8 GARAGES, 8 CARPORTS, AND 24 SPACES. HUGE UPSIDE IN RENTS!! ACROSS THE STREET IS THE FUTURE HOME OF A LARGE RESIDENTIAL, COMMERCIAL, RETAIL AND HOTEL PROJECT!

Listed by Gregg Horvath | BRE #01007015 | R.L.M. Equities
Last checked: 5 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 66

Home details

Lot Sq. Ft
52,272
HOA Dues
$0/mo
Year built
1979
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19213167
City
Garden Grove
County
Orange
Time on Site
1397 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 24
  • Total # of Buildings: 3
  • # of Electric Meters: 25
  • # of Gas Meters: 25
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $1,525
  • Pro Forma/Market Rent: $1,925
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,925
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,925
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 5
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,475
  • Total Rent: $1,475
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 7
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 9
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $400,140
  • Net Operating Income: $235,990
  • Gross Operating Income: $388,135
  • Vacancy Allowance: $12,004
  • Laundry Income: $300
Annual Expense Breakdown
  • Total Operating Expense: $152,145
  • Electric: $905
  • Gas/Fuel: $4,238
  • Licenses: $118
  • New Taxes: $83,000
  • Trash: $6,304
  • Gardener: $3,060
  • Insurance: $8,807
  • Maintenance: $21,000
  • Professional Management: $16,000
  • Water/Sewer: $8,713

Property Details for 12833 Brookhurst Way

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 48
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 24
  • Parcel Number: 13336161
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
  • Water Source: Other
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: NONE
  • Directions: GARDEN GROVE BLVD AND BROOKHURST
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 12833 Brookhurst Way

Last sold for $6,600,000 on November 20th, 2019
  • November, 2019

  • Nov 20, 2019

    Date

    Sold

    CRMLS: PW19213167

    $6,600,000

    Price

  • Nov 14, 2019

    Date

    Pending

    CRMLS: PW19213167

    $6,995,000

    Price

  • Nov 13, 2019

    Date

    Active Under Contract

    CRMLS: PW19213167

    $6,995,000

    Price

  • Oct 22, 2019

    Date

    Active

    CRMLS: PW19213167

    $6,995,000

    Price

  • Sep 24, 2019

    Date

    Active Under Contract

    CRMLS: PW19213167

    $6,995,000

    Price

  • Sep 6, 2019

    Date

    Active

    CRMLS: PW19213167

    $6,995,000

    Price

  • November, 2019

  • Nov 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $6,600,000

    Price

Show More

Tax History for 12833 Brookhurst Way

Assessed Value (2020): $6,600,000
Year Land Value Improved Value Assessed Value
2020 $5,500,000 $1,100,000 $6,600,000

Home Value Compared to the Market

This property vs the competition

12833 Brookhurst Way sold on November 20, 2019 for 650.54% higher than the current median sold price for the city of Garden Grove which is $932,000. The median sold price per/sqft for Garden Grove is $637 and this home is sold at $341.35 per/sqft which puts the price per square foot 46.41% lower than the current median sale per square foot for the city of Garden Grove.

About 12833 Brookhurst Way

Detailed summary of property

12833 Brookhurst Way is a multi family that recently sold in Garden Grove, CA 92841. This multi family property offered 36 bedrooms, 30 bathrooms, roughly 20,492 living square feet, and sits on an approximately 52,272 square foot lot. 12833 Brookhurst Way was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $6,600,000. Home in Garden Grove are selling for a median price of $932,000 and a median price per square foot of $637. Based on Ardent Real Estate Group's Garden Grove Market Data, this home is sold 650.54% higher than the current median priced home. Local homes that are currently for sale include 11503 S New Hampshire Ave, 11503 S New Hampshire Ave and 654 E 24th St. While the average home in Garden Grove, CA is selling in 32 days, 12833 Brookhurst Way has a days on market of 66 days. There are currently 116 homes for sale in the Garden Grove real estate market and 92 of them are single family homes while 18 of them are condos and 6 are townhomes. For more information on this home for sale at 12833 Brookhurst Way 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 12833 Brookhurst Way

Public county record property details
Beds
--
Baths
--
Year built
1979
Sq. Ft.
20,493
Lot Size
52,707
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
133-361-61

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
$1,019,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$925,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
24
Median Sale to List Price %
102.78%
Avg Days on Market
7
Loan Type
Conventional (37.5%), FHA (0%), VA (12.5%), Cash (37.5%), Other (12.5%)

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Related Resources to 12833 Brookhurst Way

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.