12072 Cole St - Apartments FOR SALE


Garden Grove, CA 92841
$2,490,000 USD
949-683-6662
12072 Cole St, Garden Grove, CA for Sale
$2,490,000 USD
Apartments - FOR SALE
1/3
null | 5.39% Cap Rate

12072 Cole St
Garden Grove, CA 92841


HIGHLIGHTS

  • Great Rental Area! 100% Occupied
  • Huge Lot with Potential for ADU's
  • Laundry Room (Owned) / Garages for Each Unit!
  • Close to Shopping and Freeways

OVERVIEW

Alliance Investment Real Estate Group, as the exclusive listing agent, is pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of large 1 bedroom units. The property is 100% occupied with true rental upside for a new owner to take advantage of and sits on a huge lot with the potential to add an ADU for additional income. There is also a laundry room (owned) and garages with street parking for each unit for tenants to enjoy.

FOR SALE DETAILS

PRICE

$2,490,000 USD

PRICE/SF

$326 USD /SF

# OF UNITS

8

PRICE/UNIT

$311,250

CAP RATE

5.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,535 SF

ZONING

R3

APN/PARCEL ID

133-091-19

ASK ABOUT THIS PROPERTY

Ruben KhorsandiAlliance Investment Real Estate GroupMore Info
949-683-6662

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Ruben KhorsandiAlliance Investment Real Estate GroupMore Info
949-683-6662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.