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13281 Fletcher St, Garden Grove, CA 92844
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13281 Fletcher St Garden Grove, CA 92844

$1,765,000 Sold Price as of 03/08/2024
  • 8 Beds
  • 6 Baths
  • 4,218 Sq.Ft.
Sold
$1,765,000 Sold Price as of 03/08/2024 Refinance Your Mortgage
Map preview of 13281 Fletcher St, Garden Grove, CA 92844

Property Overview: 13281 Fletcher St Garden Grove, CA has 8 bedrooms, 6 bathrooms, 4,218 living square feet and 10,125 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: STUNNING FOUR UNIT VALUE-ADD ASSET FOR THE OPPORTUNISTIC INVESTOR • Vintage Garden Grove: This charming 1960s vintage asset features a premier location in the heart of Garden Grove. • Value-Add Potential: The property has huge value-add potential with approximately 23% upside in rents from current to market. • Highly Leasable Unit Mix: These impeccably kept units consist of one 1bd/1ba, two 2bd/1.5ba, and one 3bd/2ba unit: an extremely diverse and highly leasable unit mix. • Other Amenities: The property features 5 garage parking spaces with ample street parking and a spacious front yard. LOCATION HIGHLIGHTS • Desirable Area: The property is well situated in one of the most desirable areas of Garden Grove within close proximity to Disneyland Park, Disney California Adventure Park, Anaheim Convention Center, Angel Stadium, and the Honda Center. • Easily Accessible Location: This asset boasts easy access to Garden Grove Blvd, the SR-39 and CA-22 Freeways.

Listed by Everett Wong | BRE #01991247 | Greysteel California, Inc.
Last checked: 9 minutes ago | Last updated: March 9th, 2024 | Source CRMLS | DOM: 150

Home details

Lot Sq. Ft
10,125
HOA Dues
$0/mo
Year built
1963
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23177835
City
Garden Grove
County
Orange
Time on Site
363 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,529
  • Total Rent: $2,529
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,067
  • Total Rent: $2,067
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,197
  • Total Rent: $2,197
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,940
  • Total Rent: $1,940
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $105,688
  • Net Operating Income: $76,888
  • Gross Operating Income: $95,726
  • # of Rented Garages: 5
Annual Expense Breakdown
  • Total Operating Expense: $27,130
  • Electric: $72
  • Gas/Fuel: $0
  • New Taxes: $18,059
  • Trash: $2,516
  • Gardener: $1,800
  • Insurance: $2,214
  • Maintenance: $2,000
  • Water/Sewer: $1,858

Property Details for 13281 Fletcher St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
Lot Information
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 09821238
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Middle of Fletcher Street in Garden Grove
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban, Urban
View more facts & features

Local Garden Grove Agent

Sale History for 13281 Fletcher St

Last sold for $1,765,000 on March 8th, 2024

  • March, 2024

  • Mar 8, 2024

    Date

    Sold

    CRMLS: PW23177835

    $1,765,000

    Price

  • Sep 22, 2023

    Date

    Active

    CRMLS: PW23177835

    $1,950,000

    Price

  • December, 2003

  • Dec 8, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2003

  • Oct 1, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 13281 Fletcher St

Assessed Value (2020): $491,442
Year Land Value Improved Value Assessed Value
2020 $346,997 $144,445 $491,442

Home Value Compared to the Market

This property vs the competition

13281 Fletcher St sold on March 8, 2024 for 113.02% 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 $426.74 per/sqft which puts the price per square foot 28.28% lower than the current median sale per square foot for the city of Garden Grove.

About 13281 Fletcher St

Detailed summary of property

13281 Fletcher St is a fourplex that recently sold in Garden Grove, CA 92844. This fourplex offered 8 bedrooms, 6 bathrooms, roughly 4,218 living square feet, and sits on an approximately 10,125 square foot lot. 13281 Fletcher St was first listed on ArdentRealEstateGroup.com on September 22, 2023. The homeowner sold the property for $1,765,000. 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 113.02% higher than the current median priced home. Local homes that are currently for sale include 3217 W Cabot Dr, 3700 W Savanna St and 3701 W Savanna St. While the average home in Garden Grove, CA is selling in 34 days, 13281 Fletcher St has a days on market of 150 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 13281 Fletcher St Garden Grove, CA 92844 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 13281 Fletcher St

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
4,218
Lot Size
10,410
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
22
APN
098-212-38

The source for these homes facts are from public records.

92844 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$593
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$574
Total Inventory
19
Median Sale to List Price %
104.31%
Avg Days on Market
11
Loan Type
Conventional (50%), FHA (12.5%), VA (0%), Cash (25%), Other (12.5%)

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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