5882 Santa Barbara Ave, Garden Grove, CA 92845
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5882 Santa Barbara Ave Garden Grove, CA 92845

$1,580,000 Sold Price as of 02/23/2022
  • 8 Beds
  • 4 Baths
  • 3,510 Sq.Ft.
Sold
$1,580,000 Sold Price as of 02/23/2022 Refinance Your Mortgage

Map preview of 5882 Santa Barbara Ave, Garden Grove, CA 92845

Property Overview: 5882 Santa Barbara Ave Garden Grove, CA has 8 bedrooms, 4 bathrooms, 3,510 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: This is a phenomenal fourplex located in West Garden Grove bordering Seal Beach, Los Alamitos and Cypress. All four units are 2 bedrooms, 1 bath, single level with one car garage each. There is a shared back patio area, community laundry with leased appliances, and meticulously cared for landscaping in the front. Extras include top rated schools and close proximity to great restaurants and stores.

Listed by Phillip Barcenas | BRE #01896438 | Seven Gables Real Estate
Last checked: 14 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC22008644
City
Garden Grove
County
Orange
Time on Site
984 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # 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: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,540
  • Net Operating Income: $65,220
  • Gross Operating Income: --
  • Laundry Income: $600
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $7,320
  • Electric: $768
  • Gas/Fuel: $0
  • Licenses: $150
  • Trash: $1,212
  • Gardener: $1,920
  • Insurance: $0
  • Maintenance: $4,080
  • Water/Sewer: $2,412

Property Details for 5882 Santa Barbara Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air, Radiant
Laundry Information
  • Has Laundry
  • Community, See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Range, Range Hood
Interior Features
  • Ceiling Fan(s), Open Floorplan, Tile Counters
  • Levels: One
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
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 4
  • Parcel Number: 22421306
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: East Gate (ESGT)
  • Directions: From 405N take left onto Garden grove Blvd, make a left on Valley view, another left on Santa Catalina, and a right onto Santa Barbara.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Garden Grove Agent

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Sale History for 5882 Santa Barbara Ave

Last sold for $1,580,000 on February 23rd, 2022
  • January, 2022

  • Jan 28, 2022

    Date

    Active Under Contract

    CRMLS: OC22008644

    $1,500,000

    Price

  • January, 1997

  • Jan 17, 1997

    Date

    Sold (Public Records)

    Public Records

    $270,000

    Price

  • June, 1996

  • Jun 14, 1996

    Date

    Sold (Public Records)

    Public Records

    $210,000

    Price

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Tax History for 5882 Santa Barbara Ave

Assessed Value (2020): $402,086
Year Land Value Improved Value Assessed Value
2020 $242,732 $159,354 $402,086

Home Value Compared to the Market

This property vs the competition

5882 Santa Barbara Ave sold on February 23, 2022 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 $427.35 per/sqft which puts the price per square foot 28.18% lower than the current median sale per square foot for the city of Garden Grove.

About 5882 Santa Barbara Ave

Detailed summary of property

5882 Santa Barbara Ave is a fourplex that recently sold in Garden Grove, CA 92845. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,510 living square feet, and sits on an approximately 7,841 square foot lot. 5882 Santa Barbara Ave was first listed on ArdentRealEstateGroup.com on January 17, 2022. The homeowner sold the property for $1,580,000. 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 2550 W Rowland Ave, 6401 Saint Paul Circle and 2163 W Brownwood Ave. 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 5882 Santa Barbara Ave Garden Grove, CA 92845 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 5882 Santa Barbara Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
3,510
Lot Size
7,474
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
36
APN
224-213-06

The source for these homes facts are from public records.

92845 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$622
Median Sold Price
$1,035,000
Median Sold Price/Sq.Ft.
$584
Total Inventory
26
Median Sale to List Price %
108.95%
Avg Days on Market
10
Loan Type
Conventional (66.67%), FHA (11.11%), VA (0%), Cash (11.11%), Other (11.11%)

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Related Resources to 5882 Santa Barbara Ave

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.