PRIDE OF OWNERSHIP ASSET AT A 6.02% CAP RATE ON ACTUALS! We are 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 completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. The entire property was also just recently re-plumbed with new gas lines for each unit. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
Property Details
Price:
$2,499,000
MLS #:
OC25080094
Status:
Active
Baths:
0
Address:
13052 Rockinghorse Road
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
64gardengroveeofeuclidwofharbor
City:
Garden Grove
Listed Date:
Apr 11, 2025
State:
CA
ZIP:
92843
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1959
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Schools
Interior
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights
Garage Spaces
8.00
Lot Features
6-10 Units/ Acre, Corner Lot
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Financial
Association Fee
0.00
Map
Community
- Address13052 Rockinghorse Road Garden Grove CA
- Area64 – Garden Grove E of Euclid, W of Harbor
- CityGarden Grove
- CountyOrange
- Zip Code92843
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13052 Rockinghorse Road
Garden Grove, CA
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