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10861 Palma Vista Avenue, Garden Grove, CA

$1,675,000 - $1.7M Price - 5,024 Sqft - .22 Acres - 114 DOM

8 Unit multifamily investment property in the city of Garden Grove with significant upside potential in rental income. All units have recent rent increases to $1,300 per month with a potential additional increase to $1,400 per month. Over $80,000 in Net Operating Income ensures a profitable investment with great upside potential.

Essential Information

For 10861 Palma Vista Avenue, Garden Grove, CA
  • MLS® # PW19121915
  • Price $1,675,000
  • Bathrooms 0.00
  • Square Footage 5,024
  • Acres 0.22
  • Year Built 1961
  • Type Residential Income
  • Status Active Under Contract

Community Information

For 10861 Palma Vista Avenue, Garden Grove, CA
  • Address 10861 Palma Vista Avenue
  • Subdivision Other (OTHR)
  • City Garden Grove
  • County Orange
  • State CA
  • Zip Code 92840

Area

For 10861 Palma Vista Avenue, Garden Grove, CA

Garden Grove N of Chapman, W of Euclid (62)

Amenities

For 10861 Palma Vista Avenue, Garden Grove, CA
  • Parking Spaces 10

Interior

For 10861 Palma Vista Avenue, Garden Grove, CA
  • # of Stories 2
  • Stories Two

Exterior

For 10861 Palma Vista Avenue, Garden Grove, CA

Lot Description

For 10861 Palma Vista Avenue, Garden Grove, CA

Lawn, Lot Shape-Rectangular, Near Public Transit

Additional Information

For 10861 Palma Vista Avenue, Garden Grove, CA
  • Date Listed May 23rd, 2019
  • Days on Market 114
  • Zoning R3

Listing Details

For 10861 Palma Vista Avenue, Garden Grove, CA
  • Agent Carlos Barron(01887430)
  • Office T.N.G. Real Estate Consultants

Price Change History for 10861 Palma Vista Avenue, Garden Grove, CA (MLS® #PW19121915)

Date Details Change
Status Changed from Active to Active Under Contract
Status Changed from Active to Active Under Contract

Based on information from California Regional Multiple Listing Service, Inc. as of September 14th, 2019 at 11:12pm PDT. 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.