Listed by Rick Applebaum, Morgan Skenderian,

13871 Shady Lane

Garden Grove, CA, 92706

$8,245,000

$441 per ft²
$8,245,000
$441 per ft²
Active
Active
 - For Sale
carpenters-square
18,690 ft²
property_type
Multi-family
calendar
Built 1986
13871 Shady Lane, is a 1986 construction, 15-unit apartment investment opportunity located in the desirable rental market of Garden Grove. An unbelievable opportunity for the apartment investor looking to find a highly unique asset with great potential. In place rents offer solid cash flow with no immediate need for increases. Upside will be obtained simply through standard rental increases on an annual basis without the need for major renovations. The true upside lies in the potential adding of several ADU’s (Accessory Dwelling Units) based on a tremendous lot size of just under an acre (38,776 sq.ft.) and ample open space.
MLS® ID:
PW22090275
Listed:
4/28/22
Updated:
6/27/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior/Building Features

Lot Size
0.89 acres lot
Lot Details
0-1 Unit/Acre
Sewer
Public Sewer

Other Property Details

Area Name
699 - Not Defined
HOA Amenities
Curbs, Sidewalks
Attached Garage
Yes
Garage Spaces
30
Parking
Y
Parking Total
39.0
View
N
County
Orange
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2

 

Listed by Rick Applebaum, Morgan Skenderian,

Based on information from California Regional Multiple Listing Service, Inc. as of 6/27/22. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2022 California Regional Multiple Listing Service. All rights reserved.

Data last updated 7:41 AM UTC, 6/27/22

Contact