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13381 Palm St, Garden Grove, CA 92843
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13381 Palm St Garden Grove, CA 92843

$1,395,000 Sold Price as of 02/06/2023
  • 8 Beds
  • 5.5 Baths
  • 4,492 Sq.Ft.
Sold
$1,395,000 Sold Price as of 02/06/2023 Refinance Your Mortgage
Map preview of 13381 Palm St, Garden Grove, CA 92843

Property Overview: 13381 Palm St Garden Grove, CA has 8 bedrooms, 5.5 bathrooms, 4,492 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to own a FOUR-PLEX configured as four attached townhomes (one being single level) conveniently located on a cul-de-sac in Garden Grove, close to schools, freeways, Disneyland, Anaheim Convention Center, Angel Stadium of Anaheim, the Outlets at Orange, and Knott’s Berry Farm. This 4 Unit Income Property spanning 4,492 sq feet on a generously sized 7841 sq foot lot includes 8 bedrooms and 4 single-car attached garages. Currently fully occupied with long-term tenants on month-to-month rental agreements makes this an investment opportunity not to be missed! DRIVE BY ONLY - Do not disturb occupants.

Listed by Jimmy Reed | BRE #01263988 | Re/Max Coastal Homes
Last checked: 27 seconds ago | Last updated: February 7th, 2023 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC22241407
City
Garden Grove
County
Orange
Time on Site
655 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,775
  • Total Rent: $1,775
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,925
  • Total Rent: $1,925
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,800
  • Net Operating Income: $63,895
  • Gross Operating Income: --
  • Laundry Income: $550
  • Laundry Own/Lease: Lease
  • Other Income Description: No payment for leased W/D
Annual Expense Breakdown
  • Total Operating Expense: $24,905
  • Electric: $471
  • Gas/Fuel: $2,071
  • Licenses: $75
  • Trash: $3,141
  • Gardener: $660
  • Insurance: $1,965
  • Maintenance: $9,186
  • Professional Management: $4,524
  • Water/Sewer: $2,208

Property Details for 13381 Palm St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Unfurnished
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Garage, Garage Faces Rear, Garage - Single Door
Lot Information
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 10135139
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Trask Avenue to Laurel Street. Left on Ranchero Avenue, then right at Palm Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Garden Grove Agent

Sale History for 13381 Palm St

Last sold for $1,395,000 on February 6th, 2023

  • February, 2023

  • Feb 6, 2023

    Date

    Sold

    CRMLS: OC22241407

    $1,395,000

    Price

  • Dec 13, 2022

    Date

    Active

    CRMLS: OC22241407

    $1,500,000

    Price

Tax History for 13381 Palm St

Assessed Value (2020): $279,079
Year Land Value Improved Value Assessed Value
2020 $133,291 $145,788 $279,079

Home Value Compared to the Market

This property vs the competition

13381 Palm St sold on February 6, 2023 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 13381 Palm St

Detailed summary of property

13381 Palm St is a fourplex that recently sold in Garden Grove, CA 92843. This fourplex offered 8 bedrooms, 5.5 bathrooms, roughly 4,492 living square feet, and sits on an approximately 7,841 square foot lot. 13381 Palm St was first listed on ArdentRealEstateGroup.com on December 13, 2022. The homeowner sold the property for $1,395,000. 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, 2550 W Rowland Ave and 796 N Shattuck Pl. While the average home in Garden Grove, CA is selling in 32 days, 13381 Palm St has a days on market of 23 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 13381 Palm St 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 13381 Palm St

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
4,492
Lot Size
7,936
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
16
APN
101-351-39

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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Recently Sold Homes Near 13381 Palm St

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12291 Trask Ave, Garden Grove, CA 92843
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11761 Stuart Dr, Garden Grove, CA 92843
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Related Resources to 13381 Palm St

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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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