13052 Rockinghorse Rd, Garden Grove, CA 92843
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13052 Rockinghorse Rd Garden Grove, CA 92843

$2,599,000
  • 8 Beds
  • 8 Baths
  • 4,978 Sq.Ft.
For Sale
$2,599,000 Get Pre-Qualified

Map preview of 13052 Rockinghorse Rd, Garden Grove, CA 92843

Property Overview: 13052 Rockinghorse Rd Garden Grove, CA has 8 bedrooms, 8 bathrooms, 4,978 living square feet and 10,454 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: PRIDE OF OWNERSHIP ASSET AT A 5.34% CAP RATE ON ACTUALS! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.

Listed by Ruben Khorsandi | BRE #01085411 | Alliance Investment RE Group
Last checked: 3 seconds ago | Last updated: August 23rd, 2024 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
10,454
HOA Dues
$0/mo
Year built
1959
Garage
8 Car
Property Type:
Apartment
Status
Active
MLS#
OC24175247
City
Garden Grove
County
Orange
Time on Site
24 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $15,448
  • Total Rent: $15,448
  • Pro Forma/Market Rent: $17,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $192,376
  • Net Operating Income: $138,834
  • Gross Operating Income: --
  • Laundry Income: $4,500
Annual Expense Breakdown
  • Total Operating Expense: $53,542
  • Electric: $456
  • Gas/Fuel: $3,336
  • Trash: $6,060
  • Insurance: $1,914
  • Professional Management: $0
  • Water/Sewer: $6,864

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Property Details for 13052 Rockinghorse Rd

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 6-10 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 10050102
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: None
  • Directions: Located off of Garden Grove Blvd. & Rockinghorse Rd.
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 13052 Rockinghorse Rd

Last sold for $1,455,000 on November 6th, 2020
  • August, 2024

  • Aug 23, 2024

    Date

    Active

    CRMLS: OC24175247

    $2,599,000

    Price

  • November, 2020

  • Nov 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,455,000

    Price

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Tax History for 13052 Rockinghorse Rd

Assessed Value (2020): $487,310
Year Land Value Improved Value Assessed Value
2020 $309,456 $177,854 $487,310

Home Value Compared to the Market

This property vs the competition

13052 Rockinghorse Rd is listed 180.13% higher than the median list price for the city of Garden Grove which has a median list price of $927,777. The median price per/sqft for Garden Grove is $601 and this home is listed at $522.1 per/sqft which puts the price per square foot 13.13% lower than the median price per square foot for the city of Garden Grove.

About 13052 Rockinghorse Rd

Detailed summary of property

13052 Rockinghorse Rd is a apartment located in Garden Grove, CA 92843 and is currently for sale. This apartment offers 8 bedrooms, 8 bathrooms, roughly 4,978 living square feet, and sits on an approximately 10,454 square foot lot. 13052 Rockinghorse Rd was first listed on ArdentRealEstateGroup.com on August 23, 2024. The homeowner is currently asking $2,599,000. The median priced home in Garden Grove is $927,777 with a median price per square foot of $601. Based on Ardent Real Estate Group's Garden Grove Market Data, this home is listed 180.13% higher than the median priced home. Local competing homes currently for sale include 711 Williams Dr, 7361 Artesia Blvd and 1925 Wallace Ave. While the average home in Garden Grove, CA is selling in 33 days, 13052 Rockinghorse Rd has a days on market of 23 days. There are currently 157 homes for sale in the Garden Grove real estate market and 110 of them are single family homes while 37 of them are condos and 10 are townhomes. For more information on this home for sale at 13052 Rockinghorse Rd 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 13052 Rockinghorse Rd

Public county record property details
Beds
--
Baths
--
Year built
1959
Sq. Ft.
4,978
Lot Size
10,759
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
100-501-02

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.
$642
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
28
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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Related Resources to 13052 Rockinghorse Rd

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.