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12702 Morningside Ave
Garden Grove, CA 92843
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Extensive interior and exterior renovations in 2022-2023, featuring on-site laundry & covered parking, and new separate electric meters & box
- Exterior renovations include new stucco & paint, new asphalt, double-pane vinyl windows, and upgraded wall air conditioning
- Interior renovations include new flooring, quartz countertops, refaced cabinets, updated lighting, new kitchen & bath sinks, vanities, and paint
- Prime location between 22 & 5 Freeways, located next to Northgate Market Shopping Center, and Intersection of Harbor Blvd & Westminster Ave
Property Facts
| No. Units | 8 | Building Size | 5,340 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | R3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,340 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 2.25/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Security System
- Ceiling Fans
- Kitchen
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Tenant Controlled HVAC
- Gas Range
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,350 | 735 |
| 1+1 | 4 | $1,875 | 600 |
Property Taxes
| Parcel Number | 198-123-15 | Improvements Assessment | $195,492 |
| Land Assessment | $2,051,772 | Total Assessment | $2,247,264 |
Property Taxes
Parcel Number
198-123-15
Land Assessment
$2,051,772
Improvements Assessment
$195,492
Total Assessment
$2,247,264
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