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PENDING
13212 Adland Street, Garden Grove, CA 92843
4
beds
3
baths
3062
ft2
· 11761
ft2 lot
$948,000
$310 / ft2
Listing provided courtesy of Jennifer Tackney, GMT Real Estate.
Source CRMLS.
Great investment Opportunity! A Single Family Residences with detached duplex on a very large lot, over 11,000 square feet! This property is great for a seasoned investor or a first-time investor who would like to live in one home and have the other 2 homes help pay the mortgage. All 3 units have been remodeled and feature laminate and tile floors, updated kitchens including dishwashers and tiled bathrooms. The front house is a 2 bedroom 1 bathroom home featuring the most recent updates, newer carpet and washer and dryer hook ups. The other 2 units in the back of the lot feature 2 bedrooms and 2 bathrooms and boast over 1,000 square feet of living space. Long time owner with long term tenants. Each home has separate Electric meters. All three units have their own garage space. There is ample parking available for tenants. Current rents are well under market. Tremendous opportunity.
HOA
$—/month
On market
1 month
Year built
1976
Property type
Multi-Family
Parking
10
MLS
PW21043718
Price / Sq.Ft.
$310 / ft2
Status
Pending
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Based on a price of $948,000
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: In Garage
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: Living Room
•   
Average2 Bed Area: 1020
Interior Features
•   
Interior Features: Copper Plumbing Partial
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central, Forced Air
•   
Cooling Details: Wall/Window Unit(s)
Flooring
•   
Flooring: Carpet, Tile
Interior Size
•   
Building Area Total: 3062.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage
•   
Garage Spaces: 4.00
•   
Uncovered Spaces: 6.00
Community Info
•   
Road Frontage Type: City Street
•   
Road Surface Type: Paved
•   
Number Of Buildings: 2
•   
Total Units: 3
Property Features
•   
View: City Lights, Neighborhood
•   
Fencing: Block, Wood
•   
Property Condition: Repairs Cosmetic
•   
Common Walls: 1 Common Wall
Building Info
•   
Building Area Units: Square Feet
•   
Roof: Composition
•   
Foundation Details: Slab
•   
Stories Total: 1
•   
Num Stories: Two
•   
Year Built Source: Assessor
•   
Construction Materials: Stucco, Wood Siding
Lot Info
•   
Lot Features: Front Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2700
•   
Lot Size Area: 11761.0000
•   
Lot Size Units: Square Feet
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Utilities: Electricity Available, Natural Gas Available, Phone Available
•   
Number Of Separate Gas Meters: 3
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Assesments Information
•   
Assessments: Unknown
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Area: 18043
•   
Water Sewer Expense: 1800.00
•   
Vacancy Allowance Rate: 0.00
•   
Cap Rate: 4.50
•   
Fuel Expense: 0.00
•   
Trash Expense: 250.00
•   
New Taxes Expense: 11850.00
•   
Insurance Expense: 1500.00
•   
Total Expenses: 5300.00
•   
Gross Scheduled Income: 48360.00
•   
Operating Expense: 5300.00
•   
Gardener Expense: 0.00
•   
Gross Multiplier: 19.60
Tax/Assessment Info
•   
Gross Income: 48360.00
•   
Tax Year: 2020
•   
Taxes: 2653.0
Lease Info
•   
Net Operating Income: 43060.00
Listing Info
•   
Status: Pending
Other
•   
Cable Tv Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 2675.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 2
•   
Has Attached Garage
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 2675.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1355.00
•   
Unit 1 Total Rent: 1355.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
Location
•   
Other Subdivision Name: Other
•   
Subdivision: Other (OTHR)
•   
Community Features: Sidewalks, Street Lights
School Info
•   
Directions: Adland and Central Ave
Other
Calculation
•   
Dom: 5
•   
Cdom: 5
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 11, 2021 3:01am
Neighborhood snapshot
28
Properties for sale
6
Median days on market
$428.49
Median sold price/sqft
102.83%
Sold/List %
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Property History
03/18/2021
03/18/2021
CRMLS #PW21043718
pending
CRMLS #PW21043718
$948,000
03/03/2021
03/03/2021
CRMLS #PW21043718
active
CRMLS #PW21043718
$948,000
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