12230 Arrowhead St

5
Baths
4,536 Sq. Ft.
$275 / Sq. Ft.
4,536
Sq. Ft.
$275
per Sq. Ft.

Description

Same owner for over 30 years! A must have to anyones rental portfolio. 4 unit "covington bros" style. Super large units . Owners type front unit. Yes rents are way way below current market rents so there is outstanding upside potential in a relatively short period of time as tenants are month to month basis . Hurry as this one will not last longSame owner for over 30 years! A must have to anyones rental portfolio. 4 unit "covington bros" style. Super large units . Owners type front unit. Yes rents are way way below current market rents so there is outstanding upside potential in a relatively short period of time as tenants are month to month basis . Hurry as this one will not last long
  1. Listed by Dave Troutt • DRE #01749025 • Brokerage DRE #00745605 • Seven Gables Real Estate

Property Details for 12230 Arrowhead Street

Parking Spaces Total
5
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4536
Assessor Parcel Number
131-461-24
Property Attached YN
true
LISTING UPDATED: 02/24/2019 03:31 AM

Property Details for 12230 Arrowhead Street

StatusClosed
MLS #OC19014186
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.18 AC / 7,841 SF
CountyOrange County

Location

Listing Courtesy of Seven Gables Real Estate, Dave Troutt, DRE #01749025

Sold By New Empire Realty, Hung Hoang, DRE #01198103

Add your commute

Building Information for 12230 Arrowhead Street

Stories2Residences-Year Built1971Building Size-Lot Size0.18 AC / 7,841 SF

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$7,621 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,224

Property Taxes

$1,397

HOA Dues

$0

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Property Information for 12230 Arrowhead Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $72,000
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $48,012
  • Gross Multiplier: 17.35
  • Cap Rate: 3.84
  • Financing: Cash
Expense Details
  • Operating Expense: $23,988
  • New Taxes Expense: $14,988
  • Gardener Expense: $977
  • Fuel Expense: $637
  • Pest Control Expense: $150
  • Electric Expense: $601
  • Insurance Expense: $1,500
  • Trash Expense: $2,093
  • Water Sewer Expense: $2,992
  • Supplies Expense: $52
  • Total Expenses: $23,988
Tax / Assessment Info
  • Tax Tract Number: 7339
  • Tax Census Tract: 881.04
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Front Yard, Lawn, Level, Paved
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Meter on Property
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 12230 Arrowhead Street

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Expired

CRMLS #PW26001540

—
Mar 31, 2026

Expired

CLAW #PW26001540MR

$1,824,900—
Feb 23, 2026

Withdrawn / Cancelled

CRMLS #PW26001540

$1,824,900—
DateEvent & SourcePrice
04/01/2026

Expired

CRMLS #PW26001540

—
03/31/2026

Expired

CLAW #PW26001540MR

$1,824,900
02/23/2026

Withdrawn / Cancelled

CRMLS #PW26001540

$1,824,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12230 Arrowhead Street

Taxable ValueLand$1,188,266Additions$205,015Total$1,393,281
Tax Record2025$16,765 ($1,397 / month)
Home Facts
Total Finished SqFt4,538 SqFtAbove Grade Finished SqFt4,538 SqFtStories2Lot Size8,012 SqFtStyleQuadraplexYear Built1971CountyORANGEAPN131-461-24

Schools near 12230 Arrowhead Street

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Ernest O. Lawrence Elementary School
PublicK to 6

Alamitos Intermediate School
Public7 to 8

Rancho Alamitos High School
Public9 to 12

Marie L. Hare High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Seven Gables Real Estate, Dave Troutt, DRE #01749025

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.