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8402 Larson Ave 8 Unit Apartment Building $3,995,000 ($499,375/Unit) 4.81% Cap Rate Garden Grove, CA 92844
Investment Highlights
- Remodeled Condo Quality Large 2BD 1.5BA Townhomes
- All Units Have Washer & Dryers, Vaulted Ceilings, and Large Private Patios
- Situated on Large 18,000 Sq. Ft. Lot with 2:1 Parking
- Excellent Garden Grove Location Bordering Westminster
Property Facts
| Price | $3,995,000 | Property Subtype | Apartment |
| Price Per Unit | $499,375 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.81% | Lot Size | 0.42 AC |
| Gross Rent Multiplier | 14.25 | Building Size | 7,622 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1977 |
| Zoning | R3 | ||
| Price | $3,995,000 |
| Price Per Unit | $499,375 |
| Sale Type | Investment |
| Cap Rate | 4.81% |
| Gross Rent Multiplier | 14.25 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 7,622 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 8 | $2,920 | 850 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 097-203-03 | Improvements Assessment | $534,436 |
| Land Assessment | $574,955 | Total Assessment | $1,109,391 |
Property Taxes
Parcel Number
097-203-03
Land Assessment
$574,955
Improvements Assessment
$534,436
Total Assessment
$1,109,391
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8402 Larson Ave