13051 Monroe Street
13051 Monroe Street
$1,800,000
10
10
5,056
5,056
$356
Closed 8/19/22
Description
Drive-by ONLY. Do not disturb tenants. Contact agent for showing and additional questions. We are pleased to present a value-add multi-family investment opportunity located at 13051 Monroe Street in the city of Garden Grove, California. Property consists of four (4) units offering 5,056 square feet of living space situated on a 10,048 square foot lot. Built in 1978, the property is comprised of 2 – 3 bedroom/2.5 bathroom units and 2 – 2 bedroom/2 bathroom units. The 3 bedroom units both have private...Drive-by ONLY. Do not disturb tenants. Contact agent for showing and additional questions. We are pleased to present a value-add multi-family investment opportunity located at 13051 Monroe Street in the city of Garden Grove, California. Property consists of four (4) units offering 5,056 square feet of living space situated on a 10,048 square foot lot. Built in 1978, the property is comprised of 2 – 3 bedroom/2.5 bathroom units and 2 – 2 bedroom/2 bathroom units. The 3 bedroom units both have private 2 car garages while the 2 bedroom units are allocated a single private garage. Most residents are long term tenants who have been living at the property for several years. All units rents are significantly below current market rate, conservatively about 30%. All units are large and offer ample living space with average unit size over 1,000 sf.
13051 Monroe Street conveniently located within minutes of the 22 and 405 Freeways. Property greatest asset and appeal stems from its’ locational convenience and close proximity to several national retailers (including Costco, Walmart, a Walmart Neighborhood Market, and H Mart) and companies, including In-N-Out Burger, Raising Canes, Starbucks Coffee, Little Caesars Pizza, Del Taco, Denny’s, and more). Furthermore, the property is located the Koreatown area of Westminster and Garden Grove.
13051 Monroe Street conveniently located within minutes of the 22 and 405 Freeways. Property greatest asset and appeal stems from its’ locational convenience and close proximity to several national retailers (including Costco, Walmart, a Walmart Neighborhood Market, and H Mart) and companies, including In-N-Out Burger, Raising Canes, Starbucks Coffee, Little Caesars Pizza, Del Taco, Denny’s, and more). Furthermore, the property is located the Koreatown area of Westminster and Garden Grove.
- Listed by Shang Shang • DRE #02040393 • Brokerage DRE #01430290 • Keller Williams - Los Feliz
Property Details for 13051 Monroe Street
Parking Spaces Total
6
Private PoolNo
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area5056
Assessor Parcel Number097-011-15
Property Attached YNtrue
Location
LISTING UPDATED: 08/20/2022 10:36 AM
Property Details for 13051 Monroe Street
Status | Closed |
---|---|
MLS # | TR22122041 |
Days on Market | 36 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1978 |
Lot Size | 0.23 AC / 10,067 SF |
County | Orange County |
Location
Building Information for 13051 Monroe Street
Stories-Residences-Year Built1978Building Size-Lot Size0.23 AC / 10,067 SF
Payment Calculator
$11,662 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 13051 Monroe Street
Property History for 13051 Monroe Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 13051 Monroe Street
Taxable ValueLand$1,465,731Additions$314,269Total$1,780,000
Tax Record2023$22,070 ($1,839 / month)
Home Facts
Total Finished SqFt5,056 SqFtAbove Grade Finished SqFt5,056 SqFtLot Size10,048 SqFtStyleMulti-Family Res (5+ Units)Year Built1978CountyORANGEAPN097-011-15
Schools near 13051 Monroe Street
This home is within Westminster Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Meairs Elementary School PublicK to 5 | ||
Warner Middle School Public6 to 8 | ||
Westminster High School Public9 to 12 | ||
Coast High School Public9 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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