Listing provided courtesy of Ruben Khorsandi of Alliance Investment RE Group. Last updated 2024-11-21 09:12:51.000000. Listing information © 2024 CRMLS.
Asking Price: $2,599,000
13052 Rockinghorse, Garden Grove CA 92843
Community: 64 - Garden Grove E of Euclid, W of Harbor
Status: Active
This Apartment property was built in 1959 and is priced at $2,599,000. Please see the additional details below.
PRIDE OF OWNERSHIP ASSET AT A 5.34% CAP RATE ON ACTUALS! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.