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13711 Magnolia St, Garden Grove, CA 92844
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13711 Magnolia St Garden Grove, CA 92844

$990,000 Sold Price as of 01/05/2022
  • 6 Beds
  • 0 Baths
  • 2,769 Sq.Ft.
Sold
$990,000 Sold Price as of 01/05/2022 Refinance Your Mortgage
Map preview of 13711 Magnolia St, Garden Grove, CA 92844

Property Overview: 13711 Magnolia St Garden Grove, CA has 6 bedrooms, -- bathrooms, 2,769 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT OPPORTUNITY!!! 3 UNITS with 2 bed/1 bath each, and total income is $5000/month. Total living sqft for 3 units is 2769 sqft and lot size is 8276 sqft. Two tenants are currently with Housing assistant. Separate meters for gas and electricity. Tenant pays gas and electricity. Landlord pays trash, insurance, taxes, water and electricity for common area. All 3 units are well kept and with few upgrades. Each has its own 1-car garage in the alley. A brand new A/C wall unit and new flooring in 2 bedrooms were recently installed in the middle unit. Located closed to Little Saigon / Asian Garden Mall, great schools, shopping centers, excellent dining areas and 22 freeway. DRIVE BY ONLY. DRIVE BY ONLY. Please do not disturb or talk to tenants, or enter or walk on properties under any circumstances!

Listed by John Nguyen | BRE #01408888 | One Stop Realty and Financial
Last checked: 11 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1976
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
OC21181576
City
Garden Grove
County
Orange
Time on Site
993 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $46,755
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,245
  • Electric: $305
  • Gas/Fuel: $924
  • New Taxes: $11,700
  • Trash: $2,238
  • Insurance: $1,728
  • Water/Sewer: $1,865
  • Other Expenses: $1,200
  • Other Expense Description: Lawn

Property Details for 13711 Magnolia St

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • No
  • Parking Features: Street
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls, No One Above
  • Total # of Units: 3
  • Parcel Number: 09757301
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Corner of Magnolia & Mays
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Garden Grove Agent

Sale History for 13711 Magnolia St

Last sold for $990,000 on January 5th, 2022

  • August, 2021

  • Aug 17, 2021

    Date

    Hold

    CRMLS: OC21181576

    $975,000

    Price

  • Aug 17, 2021

    Date

    Active

    CRMLS: OC21181576

    $975,000

    Price

  • August, 2021

  • Aug 1, 2021

    Date

    Expired

    CRMLS: OC21078030

    $975,000

    Price

  • May 1, 2021

    Date

    Hold

    CRMLS: OC21078030

    $975,000

    Price

  • Apr 15, 2021

    Date

    Active

    CRMLS: OC21078030

    $975,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 1994

  • Jul 15, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 1994

  • Jul 8, 1994

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

Show More

Tax History for 13711 Magnolia St

Assessed Value (2020): $353,244
Year Land Value Improved Value Assessed Value
2020 $165,976 $187,268 $353,244

Home Value Compared to the Market

This property vs the competition

13711 Magnolia St sold on January 5, 2022 for 4.61% 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 $352.11 per/sqft which puts the price per square foot 44.72% lower than the current median sale per square foot for the city of Garden Grove.

About 13711 Magnolia St

Detailed summary of property

13711 Magnolia St is a triplex that recently sold in Garden Grove, CA 92844. This triplex offered 6 bedrooms, -- bathrooms, roughly 2,769 living square feet, and sits on an approximately 8,276 square foot lot. 13711 Magnolia St was first listed on ArdentRealEstateGroup.com on August 17, 2021. The homeowner sold the property for $990,000. 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 4.61% higher than the current median priced home. Local homes that are currently for sale include 1600 Stanley Ave, 1746 E Florida St and 1731 E 3rd St. There are currently 119 homes for sale in the Garden Grove real estate market and 98 of them are single family homes while 17 of them are condos and 4 are townhomes. For more information on this home for sale at 13711 Magnolia 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 13711 Magnolia St

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
2,769
Lot Size
7,506
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
097-573-01

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
$1,050,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$786,000
Median Sold Price/Sq.Ft.
$524
Total Inventory
11
Median Sale to List Price %
95.97%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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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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