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Property Description

This well-maintained four-plex has incredible upside cash flow opportunity. A remarkable building boasting four enticing units, each offering spacious floorplans. This unparalleled investment opportunity promises not only a steady stream of rental income but also immense potential for appreciation and future cash flow. Nestled in the heart of Garden Grove, this four-plex enjoys the undeniable advantage of a highly sought-after location. With close proximity to major transportation routes, shopping centers, schools, and entertainment options, attracting long-term tenants is practically guaranteed. The property showcases a thoughtfully crafted unit mix, ensuring a broad appeal to a wide range of potential tenants. Unit #1, a 3-bedroom, 2-bathroom dwelling. Meanwhile, units #2, #3, and #4, each featuring 2 bedrooms and 1 bathroom. It additionally includes 6 private garage spaces and a community laundry room that generates extra income. The current month-to-month leases provide the astute investor with the flexibility to make adjustments or continue with existing arrangements. With the potential to optimize rental rates, this four-plex stands as a wise investment for those seeking a dependable income stream and excellent returns on their investment. Rest assured, this property has been well-maintained, ensuring that it remains an attractive choice for discerning tenants. All units are currently occupied, establishing immediate cash flow for the prospective investor. Act swiftly, and unlock the potential of this Garden Grove gem. Whether you're a seasoned investor or a newcomer to real estate investing, this property promises to be a rewarding investment. Don't miss out on this golden opportunity.

Overview

Property Status
Sold
Lot Size
8,276 Sq.Ft.
MLS ID
OC23130728
Property Type
Multi-Family
Year Built
1964

Features & Amenities

Neighborhood
Orange County
Stories
2
Garage Spaces
6.0
Water Source
Public
Utilites
Natural Gas Connected
Pool
None
Roof
Composition, Shingle
Lot Features
Greenbelt
Heat Type
Natural Gas, Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Sewer
Public Sewer
Substructure
Slab
Sales Price
$1,600,000

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12512 Camus Lane

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