12562 Morningside Avenue, Garden Grove, CA 92843

$2,350,000
List Price
$2,350,000
Status
PENDING
MLS#
PW22130729
Year Built
1961
Lot Size
9,988
Acres
0.2293
Lot Location
Item01UnitAcre
Days on Market
30
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Other (Othr)

Property Description

Identical property across the street 12561 also available. Investment opportunity with 15% upside rent potential, attractive unit mix, central laundry, carports plus open parking. Ideally located near the Harbor Boulevard and Westminster Avenue transit hub that in 2024 will carry riders by Light rail vehicles every 10 to 15 minutes stopping within locations between Garden Grove and Santa Ana.

Additional Information

Pool Description
None
Heat
Wall Furnace
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$150,480
Operating Expense
54255

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Hal Pappano from Listing Office: Capitalvest, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.