12551 Nutwood St - Apartments FOR SALE


Garden Grove, CA 92840
$2,695,000 USD
949-683-6662
12551 Nutwood St, Garden Grove, CA for Sale
$2,695,000 USD
Apartments - FOR SALE
1/11
null | 5.5% Cap Rate

12551 Nutwood St
Garden Grove, CA 92840


HIGHLIGHTS

  • PRIDE OF OWNERSHIP / 100% OCCUPIED!
  • ALL Units Fully Renovated Including Vinyl Plank Flooring, New kitchens/Countertops & Bathrooms
  • Exterior Renovated Including New Paint, Entry Doors, Exterior Lighting and Newer Vinyl Windows and Roof
  • On-Site Laundry Room (Owned)

OVERVIEW

PRIDE OF OWNERSHIP ASSET! 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 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been renovated with new paint, entry doors, exterior lighting and newer vinyl windows and roof! Each unit is retrofitted with AC units and there is also a renovated laundry room for tenants to utilize. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. There is also ample on-site parking along with street parking. Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Please call listing office for more information.NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE CALLING AGENT FIRST TO DISCUSS AT: 949-250-0400.

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$408 USD /SF

# OF UNITS

8

PRICE/UNIT

$336,875

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nutwood Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,110 SF

ZONING

A01, Garden Grove

APN/PARCEL ID

089-064-07

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 Policy.