Properties

Properties 2 Units - Garden Grove

2 Units - Garden Grove

12721 8th Street, Garden Grove, CA 92840

DRIVE-BY ONLY. Do not disturb tenants. Tenants do not know the property is for sale. Interior inspection with accepted offer.

Offered at:
$899,000

Property Description

Large appx. 2,617 sq. ft. two story duplex. Two car enclosed garage. Large concrete driveway. Built by the original builder for himself therefore Unit B is larger than the other. Two townhouse style units. Unit A - 3 bedroom 1.5 bath. Living room, dining room in the kitchen, large patio. Laundry room and half bath on the 1st floor. Unit B - 2 bedrooms and 3rd bedroom or bonus room and 1.5 bath. Living room, dining room in the kitchen, large patio. Laundry room and half bath on the 1st floor. Located adjacent to Civic Center, Police Department, Parks, Two College Campuses, (Coastline Community College and Cal State Fullerton) as well as K-12 schools. Approximately one mile to Garden Grove (22) Fwy. Historic Garden Grove Main Street is near by. Disneyland, Anaheim Convention Center and other attractions are within three miles.

Current Income

One 3-bedroom 1.5-baths 1-garage $2,420
One 3-bedroom 1.5-baths 1-garage $2,200
Other Income/Storage $10
Monthly Total $4,630

Cash Flow Analysis

Gross Scheduled Income $55,560
Operating Expenses $11,112 (20%)
Net Operating Income $43,337

Acquisition Data

Down Payment 179,800 (20%)
Loan Amount 719,200 (80%)

Call or E Mail to request a Marketing Package and 10 Year Financial Analysis of this property. Marketing Package includes Complete Property Information, Sales and Rent Comparable Analysis. 10 Year Financial Analysis includes Complete Cash Flow Analysis, Itemized Expenses, Expected Cash Flow, Return on Initial Equity, Expected Gross Income Increase, Tax Benefits, Mortgage Principal Reduction, Expected Appreciation, Depreciation Analysis, Adjusted Cost Basis, Capital Gains Tax On Sale and more.

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