13252 Newland Street A-d, Garden Grove, California 92844, Garden Grove, 92844 - bed, bath

13252 Newland Street A-d, Garden Grove, California 92844 home-pic-0
ACTIVE$2,188,800
13252 Newland Street A-d, Garden Grove, California 92844
0Bed
0Bath
3,704Sqft
13,068Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Rare Fourplex Investment: Explicitly highlighted as an 'Excellent investment opportunity' and 'Rare Opportunity to Own A Fourplex,' indicating high demand and potential for strong rental income.
Top Cons:
Limited Access for Due Diligence: The instruction 'DO NOT DISTURB THE OCCUPANTS' suggests restricted access for inspections and appraisals, potentially complicating the due diligence process for buyers.

Compared to the nearby listings

Price:$2.19M vs avg $2.14M (+$44,400)50%
Size:3,704 sqft vs avg 3,704 sqft50%
Price/sqft:$591 vs avg $57950%

More Insights

Built in 2001 (24 years old).
Condition: The property was built in 2001, making it 23 years old, which falls within the 'built within the last 25 to 40 years' criteria for a 'Fair' rating. While the exterior appears well-maintained with a red tile roof and stucco finish, and includes modern amenities like central heat/AC and in-unit washer/dryer hookups, there are no interior photos available to assess the condition, style, or features of the kitchens and bathrooms. Without evidence of recent renovations, it's assumed these areas, along with flooring, light fixtures, and appliances, are original to the 2001 build and would likely be considered outdated by current standards, requiring minor updates.
Year Built
2001
Close
-
List price
$2.19M
Original List price
$2.19M
Price/Sqft
$591
HOA
-
Days on market
-
Sold On
-
MLS number
PW25091851
Home ConditionFair
Features
View-

About this home

YOU WON'T MISS Excellent investment opportunity!!! Rare Opportunity to Own A Fourplex, Townhouse Style, Built in 2001, Located At Prime Little SaiGon Area; 3 Units: 2 Beb/ 2 Bath; 1 Unit: 1 Bed/2 Bath, Plus a Den Can Convert to A Powder Room or An Office 2 Car Garage Direct Access , Washer & Dryer Hooked Up For Each Unit. Red Tile Roof, Central Heat & AC. Please, DO NOT DISTURB THE OCCUPANTS. Easy Access to 22, 405 Free Way; less than 15 minute to Disney Land & Beaches.

Condition Rating
Fair

The property was built in 2001, making it 23 years old, which falls within the 'built within the last 25 to 40 years' criteria for a 'Fair' rating. While the exterior appears well-maintained with a red tile roof and stucco finish, and includes modern amenities like central heat/AC and in-unit washer/dryer hookups, there are no interior photos available to assess the condition, style, or features of the kitchens and bathrooms. Without evidence of recent renovations, it's assumed these areas, along with flooring, light fixtures, and appliances, are original to the 2001 build and would likely be considered outdated by current standards, requiring minor updates.
Pros & Cons

Pros

Rare Fourplex Investment: Explicitly highlighted as an 'Excellent investment opportunity' and 'Rare Opportunity to Own A Fourplex,' indicating high demand and potential for strong rental income.
Modern Construction (2001): Built in 2001, this property is significantly newer than many multi-unit properties in the area, suggesting lower immediate capital expenditures and modern building standards.
Prime Location & Accessibility: Located in the 'Prime Little SaiGon Area' with 'Easy Access to 22, 405 Free Way' and close proximity to 'Disney Land & Beaches,' ensuring high tenant demand and potential for appreciation.
Desirable Unit Features: Townhouse-style units, each equipped with central heat & AC, individual washer & dryer hookups, and a 2-car direct access garage, offering superior tenant comfort and convenience.
Versatile Unit Mix: Comprising three 2 Bed/2 Bath units and one 1 Bed/2 Bath unit with a convertible den, catering to diverse tenant needs and maximizing occupancy potential.

Cons

Limited Access for Due Diligence: The instruction 'DO NOT DISTURB THE OCCUPANTS' suggests restricted access for inspections and appraisals, potentially complicating the due diligence process for buyers.
Absence of Financial Data: The listing lacks crucial financial details such as current rental income, operating expenses, or cap rate, requiring prospective buyers to conduct extensive research to determine profitability.
Ongoing Management & Maintenance: As a fourplex, the property demands significant ongoing management and maintenance responsibilities, which could be a considerable commitment for an owner, particularly if self-managing.

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