12 Unit Multi-family Property for Sale in Garden Grove, CA

Jul 12, 2011 | 1 Comment

 

 

10932-52 Palma Vista, Garden Grove, CA

 

 

12-units for sale on the corner of Euclid & Palma Vista

 

 

For Sale;  This 12-unit multifamily property is located on the corner of Euclid & Palma Vista, just 2-miles from Disneyland. The spacious 1+1 units feature an airy, open floor-plan and ceramic tile floors.

Tenants appreciate the carport parking, two laundries and pleasant landscaping. The property is 100% leased and the building exteriors are freshly painted. This is a top-drawer Garden Grove investment property.

• 12-Units in Garden Grove, CA
• Price    $1,290,000
• Total Income (actual) $139,800
• GRM    9.1
• CAP      67%
• Age      1965
• Occupancy      100%
• Separately-Metered Electric
• Age 1965

Financing – Chase Bank has quoted 75% LTV at 4.7% on a 5-year fixed with no loan fees

Call Jeff Knowles, Broker for SageLang, Inc., for more information.

949.307.2616