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13121 Wilson Street, Garden Grove, California 92844, Garden Grove, 92844 - bed, bath

13121 Wilson Street, Garden Grove, California 92844 home-pic-0
ACTIVE$2,895,000
13121 Wilson Street, Garden Grove, California 92844
0Bed
0Bath
5,109Sqft
10,019Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Unit Renovations: All five units have been fully renovated with modern luxury vinyl plank flooring, quartz countertops, and stylishly remodeled bathrooms, minimizing immediate capital expenditures for a new owner.
Top Cons:
Absence of Financial Performance Data: The listing does not provide specific details on current rental income, operating expenses, or net operating income, which are crucial for a comprehensive investment analysis.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1984 (41 years old).
Condition: Despite being built in 1984, this property has undergone a full and meticulous renovation across all five units. The images and description confirm modern kitchens with quartz countertops, white shaker cabinets, stainless steel appliances, and subway tile backsplashes. Bathrooms are stylishly remodeled with new vanities, modern fixtures, and tiled showers. Luxury vinyl plank flooring is consistent throughout, and light fixtures are contemporary. All interior components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition score based on the extensive recent renovations.
Year Built
1984
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
$567
HOA
-
Days on market
-
Sold On
-
MLS number
OC25092415
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Welcome to 13121 Wilson Avenue, a prime investment opportunity ideally located in the Garden Grove/Stanton area. This fully renovated 5-unit property has been meticulously updated and is ready for its new owner. The building features four 2-bedroom, 2-bath units, each offering new luxury vinyl plank flooring, modern kitchens with quartz countertops, and stylishly remodeled bathrooms. The spacious 3-bedroom, 2-bath unit also boasts a beautifully renovated kitchen and bathrooms, upgraded flooring throughout, and a versatile nook perfect for studying or working from home. Each unit is currently leased, providing immediate rental income with stable tenants in place. An added bonus — every unit includes a private 2-car garage, offering convenience and additional value for residents. Whether you're looking to expand your portfolio or start building generational wealth, 13121 Wilson presents an exceptional investment opportunity. Please contact us for more details and to discuss everything this outstanding property has to offer.

Condition Rating
Excellent
Despite being built in 1984, this property has undergone a full and meticulous renovation across all five units. The images and description confirm modern kitchens with quartz countertops, white shaker cabinets, stainless steel appliances, and subway tile backsplashes. Bathrooms are stylishly remodeled with new vanities, modern fixtures, and tiled showers. Luxury vinyl plank flooring is consistent throughout, and light fixtures are contemporary. All interior components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition score based on the extensive recent renovations.
Pros & Cons

Pros

Extensive Unit Renovations: All five units have been fully renovated with modern luxury vinyl plank flooring, quartz countertops, and stylishly remodeled bathrooms, minimizing immediate capital expenditures for a new owner.
Immediate & Stable Rental Income: Every unit is currently leased with stable tenants, providing immediate and consistent rental income from day one for the investor.
Desirable Unit Mix: The property offers a versatile mix of four 2-bedroom, 2-bath units and one spacious 3-bedroom, 2-bath unit, appealing to a broad tenant demographic.
Private 2-Car Garages: Each unit benefits from a private 2-car garage, a highly valued amenity in the Southern California market that enhances tenant satisfaction and property value.
Strategic Investment Location: Positioned in the 'prime' Garden Grove/Stanton area, the property is in a desirable location for rental demand and potential long-term appreciation.

Cons

Absence of Financial Performance Data: The listing does not provide specific details on current rental income, operating expenses, or net operating income, which are crucial for a comprehensive investment analysis.
Generic View Appeal: While a view is present, it is described as a 'Neighborhood' view, which typically does not offer a premium or unique selling proposition compared to more desirable scenic views.
Unspecified Building System Upgrades: The description focuses on interior unit renovations but does not detail updates to the building's exterior, roof, or major mechanical systems (e.g., plumbing, electrical infrastructure), potentially indicating future capital expenditure requirements.

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