8585 Lampson Ave, Garden Grove, CA 92841
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8585 Lampson Ave Garden Grove, CA 92841

$1,125,000 Sold Price as of 04/22/2024
  • 5 Beds
  • 3.5 Baths
  • 2,375 Sq.Ft.
Sold
$1,125,000 Sold Price as of 04/22/2024 Refinance Your Mortgage

Map preview of 8585 Lampson Ave, Garden Grove, CA 92841

Property Overview: 8585 Lampson Ave Garden Grove, CA has 5 bedrooms, 3.5 bathrooms, 2,375 living square feet and 7,235 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to own this well-maintained duplex in Garden Grove. Property includes a three bedroom two bath unit with a two car garage, along with a two bedroom two bath unit with a single car garage. Property has a partial newer roof that was installed last year and a newer water heater. Seller has also listed an additional duplex with similar layout at 8565 Lampson. An ideal set up for those investors who are looking for multiple unit properties.

Listed by Lawrence Ross | BRE #00588466 | Nautilus Properties, Inc.
Co-listed by Donna Ross | BRE #01153878 | Nautilus Properties, Inc.
Last checked: 12 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
7,235
HOA Dues
$0/mo
Year built
1975
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
OC24038715
City
Garden Grove
County
Orange
Time on Site
204 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # 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: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,145
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,025
  • Total Rent: $2,025
  • Pro Forma/Market Rent: $2,225
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,700
  • Net Operating Income: $23,868
  • Gross Operating Income: $47,700
Annual Expense Breakdown
  • Total Operating Expense: $23,832
  • New Taxes: $16,150
  • Trash: $0
  • Gardener: $3,720
  • Insurance: $1,010
  • Water/Sewer: $2,952

Property Details for 8585 Lampson Ave

Interior Features
Heating Information
  • Has Heating
  • Forced Air, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Garage
Room Information
  • Flooring: Carpet
  • All Bedrooms Down, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Gas Water Heater
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Driveway, Garage, Garage - Single Door, Garage - Two Door, Garage Door Opener
Lot Information
  • Lot Features: Landscaped, Sprinklers In Front, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 21508416
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: none
  • Directions: North on Magnolia, West on Lampson, Corner of Adelle
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Garden Grove Agent

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Sale History for 8585 Lampson Ave

Last sold for $1,125,000 on April 22nd, 2024
  • April, 2024

  • Apr 22, 2024

    Date

    Sold

    CRMLS: OC24038715

    $1,125,000

    Price

  • Feb 27, 2024

    Date

    Active

    CRMLS: OC24038715

    $1,250,000

    Price

  • January, 2018

  • Jan 15, 2018

    Date

    Leased

    CRMLS: OC18004516

    $1,800

    Price

  • Jan 7, 2018

    Date

    Active

    CRMLS: OC18004516

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Property is a corner unit with only one side connected to the back unit. All new paint, vinyl flooring, carpet and more! Shows very nice in a good neighborhood near schools, church and shopping. Easy access to the GG Freeway.

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Tax History for 8585 Lampson Ave

Assessed Value (2020): $141,132
Year Land Value Improved Value Assessed Value
2020 $40,337 $100,795 $141,132

Home Value Compared to the Market

This property vs the competition

8585 Lampson Ave sold on April 22, 2024 for 47.93% 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 $526.32 per/sqft which puts the price per square foot 11.54% lower than the current median sale per square foot for the city of Garden Grove.

About 8585 Lampson Ave

Detailed summary of property

8585 Lampson Ave is a duplex that recently sold in Garden Grove, CA 92841. This duplex offered 5 bedrooms, 3.5 bathrooms, roughly 2,375 living square feet, and sits on an approximately 7,235 square foot lot. 8585 Lampson Ave was first listed on ArdentRealEstateGroup.com on February 28, 2024. The homeowner sold the property for $1,125,000. 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 47.93% higher than the current median priced home. Local homes that are currently for sale include 2277 Granada Ave, 178 Saint Joseph Ave and 176 Saint Joseph Ave. While the average home in Garden Grove, CA is selling in 34 days, 8585 Lampson Ave has a days on market of 25 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 8585 Lampson Ave Garden Grove, CA 92841 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 8585 Lampson Ave

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
2,328
Lot Size
7,235
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
215-084-16

The source for these homes facts are from public records.

92841 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,500
Median List Price/Sq.Ft.
$571
Median Sold Price
$925,000
Median Sold Price/Sq.Ft.
$646
Total Inventory
31
Median Sale to List Price %
105.71%
Avg Days on Market
14
Loan Type
Conventional (53.85%), FHA (0%), VA (0%), Cash (7.69%), Other (38.46%)

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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.