10771 Acacia Parkway

Garden Grove, CA 92840

$2,000,000
Last Sold Price
5
Beds
5
Baths
3,900 Sq. Ft.
$513 / Sq. Ft.
3,900
Sq. Ft.
$513
per Sq. Ft.

Description

4 HOUSES on a 32,426 sq. ft. lot. Opportunity knocks Don’t miss out on this unique opportunity to invest in this property in Garden Grove. Close to Coastline Community College, Community Center Park, restaurants, shops and downtown Garden Grove. It is perfect for an investor looking to acquire a property and maximize its income potential. The subject property has 3 SFR 1 bedroom/1 bath units and offers tenants onsite parking. It also features a main house with 1500 square feet of living space. All...4 HOUSES on a 32,426 sq. ft. lot. Opportunity knocks Don’t miss out on this unique opportunity to invest in this property in Garden Grove. Close to Coastline Community College, Community Center Park, restaurants, shops and downtown Garden Grove. It is perfect for an investor looking to acquire a property and maximize its income potential. The subject property has 3 SFR 1 bedroom/1 bath units and offers tenants onsite parking. It also features a main house with 1500 square feet of living space. All units are separately metered for gas and electricity which keeps landlord operating expenses to a minimum. Current ownership has maintained the rental rates well below the market level and with the right strategy and approach, a new investor can take advantage of a significant repositioning opportunity. This would be a fantastic addition to any investor’s portfolio. This is a must see!
  1. Listed by Candace Clark • DRE #02020776 • Brokerage DRE #00659204 • ERA North Orange County
  2. Listed by Darryl Jones • DRE #01076312 • Brokerage DRE #00659204 • ERA North Orange County

Property Details for 10771 Acacia Parkway

View
None
Parking Spaces Total
7
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3900
Assessor Parcel Number
089-201-14

Location

Listing Courtesy of ERA North Orange County, Candace Clark, DRE #02020776; ERA North Orange County, Darryl Jones, DRE #01076312

Sold By Minh Thu Dinh, Broker, Minh Thu Dinh, DRE #01014500

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LISTING UPDATED: 03/24/2021 08:48 AM

Property Details for 10771 Acacia Parkway

StatusClosed
MLS #PW20216271
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.74 AC / 32,426 SF
CountyOrange County

Location

Listing Courtesy of ERA North Orange County, Candace Clark, DRE #02020776; ERA North Orange County, Darryl Jones, DRE #01076312

Sold By Minh Thu Dinh, Broker, Minh Thu Dinh, DRE #01014500

Add your commute

Building Information for 10771 Acacia Parkway

Stories2Residences-Year Built1948Building Size-Lot Size0.74 AC / 32,426 SF

Payment Calculator

$13,031 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$2,116

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10771 Acacia Parkway

Rental Info
Rental Info
  • Tenant Pays: Sewer, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $40,320
  • Net Operating Income: $34,820
  • Number Of Rented Garages: 0
  • Laundry Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $5,500
  • New Taxes Expense: $0
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $300
  • Insurance Expense: $1,400
  • Trash Expense: $2,400
  • Water Sewer Expense: $1,400
  • Total Expenses: $5,500
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 886.01
  • Tax Lot: 283
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 1
  • Parking Features: Attached Carport, Driveway, Concrete
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: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $660
  • Unit Type Total Rent: $660
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 10771 Acacia Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 10771 Acacia Parkway

Taxable ValueLand$1,920,039Additions$113,943Total$2,033,982
Tax Record2023$25,392 ($2,116 / month)
Home Facts
Beds3Total Finished SqFt1,854 SqFtAbove Grade Finished SqFt1,854 SqFtStories2Lot Size37,911 SqFtStyleSingle Family ResidenceYear Built1958CountyORANGEAPN089-201-14

Schools near 10771 Acacia Parkway

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
Agnes Ware Stanley Elementary School
PublicK to 6

Dr. Walter C. Ralston Intermediate School
Public7 to 8

Garden Grove 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA North Orange County, Candace Clark, DRE #02020776; ERA North Orange County, Darryl Jones, DRE #01076312

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.