10602 Tibbs Circle

    Garden Grove, CA 92840
    • $1,950,000
    • STATUS: Active
    • ON SITE: 128 days
    • ID#: PW18247598
    UPDATED: 70 min ago
    $1,950,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,076
      SQFT
    • $384
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Great opportunity and location in Garden Grove. Roof was recently replaced, new banister installed, newer deck coating, new dual pane windows installed, newer sprinkler system, newer gutters, and newer back exterior lighting. 4 out of the 8 units have newer tile surrounds in the bathrooms. Majority of the units have been remodeled. Laundry room on site and ample parking.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-18T15:30:00.707. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/88442592

    10602 Tibbs Circle Garden Grove, CA 92840

    • Price: $1,950,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: PW18247598
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    5,076
    SQFT
    $384
    $/SQFT
    1960
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    Great opportunity and location in Garden Grove. Roof was recently replaced, new banister installed, newer deck coating, new dual pane windows installed, newer sprinkler system, newer gutters, and newer back exterior lighting. 4 out of the 8 units have newer tile surrounds in the bathrooms. Majority of the units have been remodeled. Laundry room on site and ample parking.
    Exterior Features

    Construction Materials Stucco Exterior Features LightingRain GuttersSatellite Dish Garage Spaces 0.00 Lot Features LawnSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 9.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Alley Paved Roof Composition

    Interior Features

    Appliances Gas Range Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 600 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall Window Cooling YN Yes Flooring Laminate Heating Wall Heater Heating YN Yes Laundry Features Community Levels Two Room Type Kitchen Window Features Double Pane Windows

    Property Features

    Accessibility Features Parking Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.37 Community Features CurbsGuttersSidewalksStreet Lighting Country Us Electric Expense 1000.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 124800.00 Gross Operating Income 121800.00 Gross Scheduled Income 124800.00 Insurance Expense 1800.00 Land Lease YN No Laundry YN Yes Maintenance Expense 6220.00 Net Operating Income 85260.00 New Construction YN No New Taxes Expense 24000.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 36540.00 Operating Expense Percent 30.00 Pest Control Expense 720.00 Professional Management Expense 0.00 Property Condition Updated/Remodeled Rent Control YN No Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays ElectricityGasTrash CollectionWater Total Actual Rent 10490.00 Total Expenses 36540.00 Trash Expense 600.00 Vacancy Allowance 3000 Water Sewer Expense 1000.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Matthew Drenner of Real Estate Establishment Inc. and Mark Drenner of Real Estate Establishment Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-18T15:30:00.707. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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