REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Jan

Wed

Jan

Thu

Jan

Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,950,000

Est. payment -/mo

Save

New

12292 Ranchero AVE #4 Garden Grove, CA 92843

9,147 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26011614

HOA Y/N No

Year Built 1963

Lot Size 9,147 Sqft

Property Sub-Type Quadruplex

Property Description

Great Investment Opportunity! This corner lot 4 unit property is located in the highly sought-after city of Garden Grove, offering a rare chance to own a one of a kind income producing property in a prime location. The property boasts amazing curb appeal and features an attached 4 car garage with additional space to build extra outdoor parking, already approved by the city. The property consists of a mix of unit types. One of the units is a single level 2 bedroom, 2 bath with its own private patio. Inside, you'll find a spacious open floor plan, including a cozy living room with a fireplace. The kitchen is nicely sized with quartz countertops, a breakfast counter, and a dining area that opens to the yard. One of the bedrooms has an attached bath, while the secondary bedroom is conveniently located near a full hallway bath. The other three units are two story and each offers 2 bedrooms and 1.5 baths, along with a private patio. The main level of each features an open floor plan with a spacious living room that leads to the private patio, a breakfast nook, and a kitchen with quartz countertops and a half bath. Upstairs, there are two generously sized bedrooms with ample closet space, and a fully remodeled hallway bath. At the rear of the property, you'll find four garage spaces, one for each unit, along with a community laundry room that provides an opportunity for extra income. This property presents a true gem and exceptional investment opportunity - live in one unit and rent out the others for maximum rental income. With current rents below market value, there's significant upside potential. Additional bonus features include fully renovated units with new kitchen countertops, fresh laminate flooring in most areas, and updated plumbing. The property also offers new exterior paint, a new roof in most areas, dual pane windows and sliding doors, a new wood fence, and a new water heater. Centrally located near shopping, parks, grocery stores, dining, entertainment, schools, and with easy access to the 22/5/57 freeways, this property is ideally situated. Don't miss out on this once in a lifetime opportunity, this property won't last long!

Location

State CA

County Orange

Area 64 - Garden Grove E Of Euclid, W Of Harbor

Interior

Interior Features Quartz Counters

Heating Forced Air

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Excellent Condition, Wood

Pool None

Community Features Street Lights

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 10135201

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 1320.0

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by Joseph Lee Nexteam Real Estate 714-886-7571

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

GET MORE INFORMATION

QUICK SEARCH

Rick Lee

12292 Ranchero AVE #4 Garden Grove, CA 92843

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

12292 Ranchero AVE #4