13871 Shady Lane
13871 Shady Lane
$7,740,000
3
30
18,690
18,690
$414
Closed 8/15/22
Description
13871 Shady Lane, is a 1986 construction, 15-unit apartment investment opportunity located in the desirable rental market of Garden Grove. An unbelievable opportunity for the apartment investor looking to find a highly unique asset with great potential. In place rents offer solid cash flow with no immediate need for increases. Upside will be obtained simply through standard rental increases on an annual basis without the need for major renovations. The true upside lies in the potential adding of...13871 Shady Lane, is a 1986 construction, 15-unit apartment investment opportunity located in the desirable rental market of Garden Grove. An unbelievable opportunity for the apartment investor looking to find a highly unique asset with great potential. In place rents offer solid cash flow with no immediate need for increases. Upside will be obtained simply through standard rental increases on an annual basis without the need for major renovations. The true upside lies in the potential adding of several ADU’s (Accessory Dwelling Units) based on a tremendous lot size of just under an acre (38,776 sq.ft.) and ample open space.
- Listed by Rick Applebaum • DRE #01273871 • Brokerage DRE #01220368 • Morgan Skenderian
- Listed by Paul Espinosa • DRE #01942627 • Brokerage DRE #01220368 • Morgan Skenderian
Property Details for 13871 Shady Lane
Parking Spaces Total
39
Private PoolNo
Total Units15.0
Building TypeAttached
Lot Size SourceAssessor
Living Area18690
Assessor Parcel Number101-142-01
Property Attached YNtrue
Location
LISTING UPDATED: 08/17/2022 04:55 AM
Property Details for 13871 Shady Lane
Status | Closed |
---|---|
MLS # | PW22090275 |
Days on Market | 34 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1986 |
Lot Size | 0.89 AC / 38,786 SF |
County | Orange County |
Location
Building Information for 13871 Shady Lane
Stories2Residences-Year Built1986Building Size-Lot Size0.89 AC / 38,786 SF
Payment Calculator
$50,300 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 13871 Shady Lane
Property History for 13871 Shady Lane
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 13871 Shady Lane
Taxable ValueLand$5,740,000Additions$2,000,000Total$7,740,000
Tax Record2023$96,721 ($8,060 / month)
Home Facts
Total Finished SqFt1,016 SqFtAbove Grade Finished SqFt1,016 SqFtStories1Lot Size36,626 SqFtStyleMulti-Family Dwelling (2-4)Year Built1947CountyORANGEAPN101-142-01
Schools near 13871 Shady Lane
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 - | K to 6 |
Rating | School | Distance |
---|---|---|
Clinton-Mendenhall Elementary School PublicK to 6 | ||
Leroy L. Doig Intermediate School Public7 to 8 | ||
Santiago High School Public9 to 12 | ||
James Monroe Elementary School PublicK to 6 |
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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