8582 Emerson Circle, Garden Grove, CA 92844
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8582 Emerson Circle Garden Grove, CA 92844

$1,818,000 Sold Price as of 03/08/2024
  • 9 Beds
  • 7 Baths
  • 4,412 Sq.Ft.
Sold
$1,818,000 Sold Price as of 03/08/2024 Refinance Your Mortgage

Map preview of 8582 Emerson Circle, Garden Grove, CA 92844

Property Overview: 8582 Emerson Circle Garden Grove, CA has 9 bedrooms, 7 bathrooms, 4,412 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: ***GREAT INVESTMENT OPPORTUNITY FOR MULTI-UNITS*** This beautiful 4-plex is located at the end of a quiet cul-de-sac in a lovely family neighborhood of Garden Grove. All units are fully rented, well-maintenance, and each tenant can enjoy their private patios, community laundry room, single car garage with motor, and nicely manicured front lawn and landscaping while living in the premises. 3 units are 2 beds and 2 baths, 1 unit is 3 beds and 2 baths on ground level. This corner 4-plex is conveniently located in the heart of Garden Grove city with easy access to Free way 22, Beach Blvd, Garden Grove Blvd. Few minutes to H-mart, Supermarkets, Rodeo 39, restaurants, schools, near public transportation, and everywhere. All units have their own utility meters for electricity and gas which keeps landlord operating expenses to a minimum. No HOA, plenty of parkings, safe and quite environment. Stop the car Honey! I don't want to miss this long-term investment! This is it!

Listed by Duy Nguyen | BRE #02040539 | Superior Real Estate Group
Last checked: 1 minute ago | Last updated: March 9th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW24015297
City
Garden Grove
County
Orange
Time on Site
128 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # 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
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $107,400
  • Net Operating Income: $78,924
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $28,476
  • Electric: $960
  • Gas/Fuel: $12
  • New Taxes: $20,475
  • Trash: $1,140
  • Gardener: $960
  • Insurance: $2,400
  • Water/Sewer: $1,200

Property Details for 8582 Emerson Circle

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • Family Room, Kitchen, Living Room
Interior Features
  • Storage
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot, Cul-De-Sac, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 09722215
  • Year Built Source: Assessor
  • Entry Level: 1
  • 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: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: OTHER
  • Directions: Please use GSP.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 8582 Emerson Circle

Last sold for $1,818,000 on March 8th, 2024
  • March, 2024

  • Mar 8, 2024

    Date

    Sold

    CRMLS: PW24015297

    $1,818,000

    Price

  • Jan 25, 2024

    Date

    Active

    CRMLS: PW24015297

    $1,819,999

    Price

  • March, 2024

  • Mar 2, 2024

    Date

    Expired

    CRMLS: PW23173950

    $1,829,000

    Price

  • Sep 16, 2023

    Date

    Active

    CRMLS: PW23173950

    $1,850,000

    Price

  • Listing provided courtesy of CRMLS

    Dream location which is beautiful and convenience for a large family who wants to live together in the heart of Little Saigon. 4 units apartment complex includes 3 bedrooms and 2 bathrooms plus a cozy fireplace in the large living room. Outside contains a large patio for backyard activities. 2 units townhouse styles with spacious 2 large bedrooms and 1.5 bathroom with all new laminate flooring upstairs, a large patio, one unit has 2 bedroom and 2 full bathrooms. Low maintenance and great place to live in nested in a peaceful cul-de-sac. Located closed to the 22 freeway, school, shopping center and few blocks from Little Saigon. A great place to live and to enjoy all of Southern California's beautiful weather. It is a must see as this is a great place to live.

  • November, 2000

  • Nov 17, 2000

    Date

    Sold (Public Records)

    Public Records

    $413,500

    Price

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Tax History for 8582 Emerson Circle

Assessed Value (2020): $569,723
Year Land Value Improved Value Assessed Value
2020 $284,869 $284,854 $569,723

Home Value Compared to the Market

This property vs the competition

8582 Emerson Circle sold on March 8, 2024 for 85.71% higher than the current median sold price for the city of Garden Grove which is $980,000. The median sold price per/sqft for Garden Grove is $643 and this home is sold at $412.51 per/sqft which puts the price per square foot 35.85% lower than the current median sale per square foot for the city of Garden Grove.

About 8582 Emerson Circle

Detailed summary of property

8582 Emerson Circle is a fourplex that recently sold in Garden Grove, CA 92844. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,412 living square feet, and sits on an approximately 7,841 square foot lot. 8582 Emerson Circle was first listed on ArdentRealEstateGroup.com on January 25, 2024. The homeowner sold the property for $1,818,000. Home in Garden Grove are selling for a median price of $980,000 and a median price per square foot of $643. Based on Ardent Real Estate Group's Garden Grove Market Data, this home is sold 85.71% higher than the current median priced home. Local homes that are currently for sale include 310 N Muller St, 625 N Ventura St and 16426 San Jacinto Street. There are currently 130 homes for sale in the Garden Grove real estate market and 98 of them are single family homes while 21 of them are condos and 11 are townhomes. For more information on this home for sale at 8582 Emerson Circle 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 8582 Emerson Circle

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,412
Lot Size
7,516
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
6
APN
097-222-15

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
$914,999
Median List Price/Sq.Ft.
$552
Median Sold Price
$850,000
Median Sold Price/Sq.Ft.
$595
Total Inventory
16
Median Sale to List Price %
106.92%
Avg Days on Market
15
Loan Type
Conventional (42.86%), FHA (14.29%), VA (0%), Cash (42.86%), Other (0%)

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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.