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9615 Maureen Dr, Garden Grove, CA 92841
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9615 Maureen Dr Garden Grove, CA 92841

$4,125,000 Sold Price as of 11/04/2019
  • 32 Beds
  • 16 Baths
  • 13,520 Sq.Ft.
Sold
$4,125,000 Sold Price as of 11/04/2019 Refinance Your Mortgage
Map preview of 9615 Maureen Dr, Garden Grove, CA 92841

Property Overview: 9615 Maureen Dr Garden Grove, CA has 32 bedrooms, 16 bathrooms, 13,520 living square feet and 21,780 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *FULLY LEASED * **DO NOT WALK ON PROPERTY!** We are proud to present this very clean and well maintained 16 unit building in the city of Garden Grove! Made up of 16 2bd + 1ba units in a strong rental market, this property provides investors with good current income and a solid upside potential. Property is 100% occupied with a pool, carports and laundry room for extra income. Don’t miss out on this unique opportunity.

Listed by David Sanford | BRE #00826382 | Newport Apartment Group
Co-listed by Gaston Sanford | BRE #02023145 | Newport Apartment Group
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 166

Home details

Lot Sq. Ft
21,780
HOA Dues
$0/mo
Year built
1960
Garage
16 Car
Property Type:
Multi Family
Status
Sold
MLS#
NP19034408
City
Garden Grove
County
Orange
Time on Site
1385 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 2
  • # of Electric Meters: 16
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 22
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,485
  • Total Rent: $11,880
  • Pro Forma/Market Rent: $1,675
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 22
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $3,050
  • Pro Forma/Market Rent: $1,675
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 22
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $6,200
  • Pro Forma/Market Rent: $1,675
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 22
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,675
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 22
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,675
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $193,760
  • Net Operating Income: $174,607
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $121,634
  • Electric: $2,774
  • Gas/Fuel: $5,731
  • New Taxes: $52,500
  • Trash: $5,159
  • Gardener: $3,440
  • Insurance: $7,590
  • Maintenance: $6,000
  • Professional Management: $13,875
  • Water/Sewer: $10,238
  • Other Expenses: $14,327

Property Details for 9615 Maureen Dr

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 16
  • # of Parking Spaces: 16
Lot Information
  • Lot Features: 16-20 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 16
  • Parcel Number: 13210128
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Katella for South on Gilbert and East onto Maureen. Property will be on left.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Garden Grove Agent

Sale History for 9615 Maureen Dr

Last sold for $4,125,000 on November 4th, 2019

  • November, 2019

  • Nov 4, 2019

    Date

    Sold

    CRMLS: NP19034408

    $4,125,000

    Price

  • Jul 29, 2019

    Date

    Active Under Contract

    CRMLS: NP19034408

    $4,375,000

    Price

  • Mar 3, 2019

    Date

    Active

    CRMLS: NP19034408

    $4,375,000

    Price

  • Feb 20, 2019

    Date

    Active Under Contract

    CRMLS: NP19034408

    $4,375,000

    Price

  • Feb 14, 2019

    Date

    Active

    CRMLS: NP19034408

    $4,375,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,125,000

    Price

  • April, 2017

  • Apr 24, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9615 Maureen Dr

Assessed Value (2020): $4,125,000
Year Land Value Improved Value Assessed Value
2020 $3,683,000 $442,000 $4,125,000

Home Value Compared to the Market

This property vs the competition

9615 Maureen Dr sold on November 4, 2019 for 369.42% 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 $323.59 per/sqft which puts the price per square foot 49.2% lower than the current median sale per square foot for the city of Garden Grove.

About 9615 Maureen Dr

Detailed summary of property

9615 Maureen Dr is a multi family that recently sold in Garden Grove, CA 92841. This multi family property offered 32 bedrooms, 16 bathrooms, roughly 13,520 living square feet, and sits on an approximately 21,780 square foot lot. 9615 Maureen Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $4,125,000. 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 369.42% higher than the current median priced home. Local homes that are currently for sale include 13716 Penn St, 213 41st St and 213 41st St. While the average home in Garden Grove, CA is selling in 33 days, 9615 Maureen Dr has a days on market of 166 days. 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 9615 Maureen Dr 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 9615 Maureen Dr

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
13,520
Lot Size
22,051
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
55,56
APN
132-101-28

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
$1,019,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$925,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
33
Median Sale to List Price %
102.78%
Avg Days on Market
7
Loan Type
Conventional (37.5%), FHA (0%), VA (12.5%), Cash (37.5%), Other (12.5%)

Thinking of Selling?

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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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