Est. cap rate

2.6%

Assumed rent, all units

$4,480/mo

Units

2

Price per unit

$525,000

Est. annual NOI

$26,880

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

3

Bathrooms

2

Building size

1,680 sqft

Lot size

6,970 sqft

Year built

1941

Stories

1

Garage spaces

2

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

42

MLS #

245665543

About this property

Exceptional duplex opportunity in the heart of Garden Grove! This well-maintained, move-in ready property features two homes on one lot, 2 seperate addresses, with the front unit being a 2-bedroom, 1-bath residence and the rear unit a 1-bedroom, 1-bath unit. Property is zoned CC-1. Front unit is 1,034 sqft and back unit is 630 sqft. Perfect for owner-occupants, multi-generational living, or investors seeking immediate rental income. The property also offers a detached 2-car garage, a private courtyard between the homes, and excellent flexibility for a variety of living arrangements. Conveniently located near shopping, dining, schools, and major freeways, with potential future redevelopment or commercial possibilities (buyer to verify with the City). A rare opportunity to own a versatile income-producing property in a prime Garden Grove location! Whether you're looking to live in one unit and offset your mortgage by renting the other, expand your investment portfolio, or secure a property with future upside, this is an opportunity you won't want to miss!

Location

11401 Garden Grove Blvd

Garden Grove, Orange, CA, 92843