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10851 Palma Vista Avenue
Garden Grove, CA 92840

Residential Multi Family (Apartment)

0.44 Acres
10048 Sqft Living Area

16 Bedrooms

16 Bathrooms (16 Full, 0 Half)

Year Built: 1961

$4,695,000

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Property Description

Motivated Seller. This 16 Unit apartment complex located close to Disneyland. Current Cap 5.4 %. Average rents are $1743.44 per unit plus: Laundry, storage and parking income. All units have been remodeled with tile floors, granite counters in kitchens, new cabinets, dual paned windows, range, and paint. 24 parking spots are provided with additional street parking. Each unit is 1 bedroom and 1 bathroom with an average of 628 square feet per unit. All tenants are current on rent and all leases are month to month. Addresses are 10851-10861 Palma Vista, buildings are contiguous. Separate gas meters.

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Contact Details

Name: Rebecka Forrester

Email: Rebecka.Forrester@me.com

MLS Listing Id: OC23071782

Agent Phone: (714) 412-5157

List Agent License: 01979038

Office Name: T.N.G. Real Estate Consultants

Office Phone: (714) 987-3310

Office MLS Id: OC05370

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/10851-Palma-Vista-Ave_Garden-Grove_CA_92840_M19989-68195?f=listhub&s=MRMLSCA&m=OC23071782&c=openhousinc

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