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10101 Lampson Avenue

Garden Grove, CA 92840
  • $3,798,000
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: OC24071403
$3,798,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Pat Swanson of Pat Swanson (949-724-5564)


Description

Situated on 34,894 Sq., Ft., of land, this 12-unit complex is perfect for savvy investors looking to land bank two large parcels for the future. Not only does this site allow for future development, but the grounds can also accommodate 4 ADU units. Currently, the buildings features 2 - 3 Bedroom/2 Bath Houses, and 10 - 1 Bedroom/1 Bath residences. Don't miss out on this golden opportunity for generations to come.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-25T00:28:10.537. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/149309053
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10101 Lampson Avenue Garden Grove, CA 92840

  • Price: $3,798,000
  • Status: Active
  • On Site: 67 Days
  • ID#: OC24071403
0
Beds
0
Baths
0
½ Baths
0.8
Acres
1950
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
Situated on 34,894 Sq., Ft., of land, this 12-unit complex is perfect for savvy investors looking to land bank two large parcels for the future. Not only does this site allow for future development, but the grounds can also accommodate 4 ADU units. Currently, the buildings features 2 - 3 Bedroom/2 Bath Houses, and 10 - 1 Bedroom/1 Bath residences. Don't miss out on this golden opportunity for generations to come.
Exterior Features

Entry Level 1 Entry Location Front Lot Features Front Yard Number Of Separate Electric Meters 12 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Electric Expense 556 Fuel Expense 548 Garage YN No Gross Income 233412 Gross Scheduled Income 223392 Insurance Expense 8300 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 149177 New Construction YN No Number Of Separate Gas Meters 12 Number Of Separate Water Meters 2 Operating Expense 77233 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3023 Water Sewer Expense 5419 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-25T00:28:10.537. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
10300 Fourth St. Ste 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Pat Swanson of Pat Swanson (949-724-5564)