13612 Gaines Circle

Garden Grove, CA 92843

$1,550,000

List Price

8

bed Beds

5

shower Baths

2,590 sqft

straighten / sqft

2024

calendar_month Built

Property Description

Incredible 4-UNIT investment property nestled in the highly desirable neighborhood of Garden Grove. Unit 1-BRAND NEW CONSTRUCTION: 4BED / 2 BATH, approx. 1,200SF, 1 Car Garage + 2 Car Driveway. Current Rent: $3,900/month. Unit 2- MAIN HOUSE: 2BED / 1BATH, approx. 700SF, 2 Car Driveway. Market Rent: $2,200/month. Unit 3-STUDIO A: Attached to the Main House- Full Kitchen & Bathroom, includes Washer & Dryer Machine. Market Rent: $1600/month. Unit 4-STUDIO B: Attached to the Main House- Full Kitchen & Bathroom, includes Waher & Dryer Hookups. Market Rent: $1500/month. ADU has an open floor plan, vinyl flooring, recessed lighting, walk-in closets, A/C, washer/dryer hookups. Separate Gas and Electric meters; Tenants pay for all utilities. Maintenance will be hassle-free for the next 10+ years. Perfect for first time homeowners looking to live in one unit and rent out the other two units. Ideal choice for 1031-exchange opportunity, homeowners and investors. Don't miss this profitable opportunity!

Listing Information

List Price $1,550,000
Status Active
MLS OC24234067
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 2024
Lot Size 7,000
Structure Size 2,590
DOM 1
Courtesy Of NRI Group
Listing Agent Vinh Pham DRE#02054997

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Kitchen Information
Features Quartz Counters, Self-closing Cabinet Doors, Self-closing Drawers
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 8
Bathroom Information
Features Bathtub, Remodeled, Tub Shower, Walk-In Shower
Total Bathroom
Bathrooms 5
Flooring Information
Material Vinyl
Fireplace Information
Features Living Room
Additional Information
Additional Features Separate/Formal Dining Room, Eat-in Kitchen, Open Floorplan, Recessed Lighting, All Bedrooms Down
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Vinh Pham, NRI Group 657-233-5233. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 22nd, 2024 at 2:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.