9011 Bestel Ave, Garden Grove, CA 92844
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9011 Bestel Ave Garden Grove, CA 92844

$1,650,000 Sold Price as of 07/01/2022
  • 18 Beds
  • 14 Baths
  • 3,689 Sq.Ft.
Sold
$1,650,000 Sold Price as of 07/01/2022 Refinance Your Mortgage

Map preview of 9011 Bestel Ave, Garden Grove, CA 92844

Property Overview: 9011 Bestel Ave Garden Grove, CA has 18 bedrooms, 14 bathrooms, 3,689 living square feet and 12,632 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3 UNITS LOCATED IN THE HEART OF GARDEN GROVE - GREAT INVESTMENT OPPORTUNITY WITH AMAZING MONTHLY CASHFLOWS $10, 100. All units are fully occupied, 4 car garages and a lot of parking space - BIG LOT over 12,600 sqft. Potential adding another ADU. Please drive by only and do not disturb tenants in any circumstances

Listed by Neylan Tran | BRE #02004669 | Professional R.E. Center, Inc.
Last checked: 7 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 115

Home details

Lot Sq. Ft
12,632
HOA Dues
$0/mo
Year built
1949
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21243952
City
Garden Grove
County
Orange
Time on Site
924 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 9
  • # of Baths: 7
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,100
  • Total Rent: $10,100
  • Pro Forma/Market Rent: $11,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.16%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $121,200
  • Net Operating Income: $101,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,600
  • Electric: $4,800
  • Gas/Fuel: $0
  • Trash: $600
  • Cable TV: $900
  • Insurance: $1,000
  • Water/Sewer: $2,400
  • Other Expenses: $9,900
  • Other Expense Description: Property

Property Details for 9011 Bestel Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
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: Public Records
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above
  • Total # of Units: 2
  • Parcel Number: 09802342
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: If you go from south , it is located on right hand side on Magnolia street (Close Magnolia/ Trask)
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Garden Grove Agent

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Sale History for 9011 Bestel Ave

Last sold for $1,650,000 on July 1st, 2022
  • April, 2022

  • Apr 18, 2022

    Date

    Pending

    CRMLS: PW21243952

    $1,649,999

    Price

  • Nov 19, 2021

    Date

    Active Under Contract

    CRMLS: PW21243952

    $1,649,999

    Price

  • Nov 12, 2021

    Date

    Price Change

    CRMLS: PW21243952

    $1,649,999

    Price

  • Nov 6, 2021

    Date

    Coming Soon

    CRMLS: PW21243952

    $1,650,000

    Price

  • April, 2005

  • Apr 13, 2005

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

  • August, 2004

  • Aug 10, 2004

    Date

    Sold (Public Records)

    Public Records

    $447,000

    Price

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Tax History for 9011 Bestel Ave

Assessed Value (2020): $783,937
Year Land Value Improved Value Assessed Value
2020 $438,169 $345,768 $783,937

Home Value Compared to the Market

This property vs the competition

9011 Bestel Ave sold on July 1, 2022 for 77.04% 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 $447.28 per/sqft which puts the price per square foot 29.78% lower than the current median sale per square foot for the city of Garden Grove.

About 9011 Bestel Ave

Detailed summary of property

9011 Bestel Ave is a multi family that recently sold in Garden Grove, CA 92844. This multi family property offered 18 bedrooms, 14 bathrooms, roughly 3,689 living square feet, and sits on an approximately 12,632 square foot lot. 9011 Bestel Ave was first listed on ArdentRealEstateGroup.com on November 6, 2021. The homeowner sold the property for $1,650,000. 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 77.04% higher than the current median priced home. Local homes that are currently for sale include 310 E Wakefield Ave, 317 W Guinida Ln and 1126 W Broadway. While the average home in Garden Grove, CA is selling in 32 days, 9011 Bestel Ave has a days on market of 115 days. There are currently 116 homes for sale in the Garden Grove real estate market and 92 of them are single family homes while 18 of them are condos and 6 are townhomes. For more information on this home for sale at 9011 Bestel Ave 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 9011 Bestel Ave

Public county record property details
Beds
3
Baths
1
Year built
1949
Sq. Ft.
1,059
Lot Size
12,540
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
2
APN
098-023-42

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.
$582
Median Sold Price
$786,000
Median Sold Price/Sq.Ft.
$524
Total Inventory
15
Median Sale to List Price %
95.97%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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Related Resources to 9011 Bestel 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.