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12571 Kensington Ln
Garden Grove, CA 92840
12571 Kensington · Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • Only $256,250 Per Unit & 6%+ CAP with Street/Market Rent
  • Well Maintained & Turnkey Condition
  • Building Amenities Include: On-Site Laundry Room & Assigned Parking
  • Garden-Style Two-Story Walkup with Excellent Curb Appeal
  • 100% One Bed One Bath Units over 630 Sq Ft Each, Separately Metered for Electricity
  • Conveniently Located Near Lampson Avenue and Brookhurst Street with Easy Access to CA-5 and CA-22 Freeways

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.28 AC
Building Size 5,112 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Parking Ratio 1.96/1,000 SF
Zoning R3

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Disposal
  • Ceiling Fans
  • Oven
  • Range
  • Walk-In Closets
  • Double Pane Windows
  • Garden

SITE AMENITIES

  • Courtyard
  • Gas Range
  • Walking/Biking Trails

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $1,363 639

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
089-063-07
Land Assessment
$1,874,349
Improvements Assessment
$185,643
Total Assessment
$2,059,992
  • Listing ID: 27949007

  • Date on Market: 3/10/2023

  • Last Updated:

  • Address: 12571 Kensington Ln, Garden Grove, CA 92840

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