Deal numbers
- Est. cap rate
- 3.1%
- Assumed rent, all units
- $9,680/mo
- Units
- 4
- Price per unit
- $462,500
- Est. annual NOI
- $58,080
- 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.
- Effective gross income
- $110,352
- Operating expenses
- $55,176
- Net operating income
- $55,176
- Annual debt service
- $110,773
- Annual cash flow
- -$55,597
- Cash on cash return
- -12.0%
- Down payment
- $462,500
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 4,140 sqft
- Lot size
- 7,405 sqft
- Year built
- 1972
- Stories
- 2
- Garage spaces
- 5
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 246678711
About this property
Prime Garden Grove Multi-Unit Investment Opportunity Excellent opportunity to acquire a well-maintained multi-unit income property in a desirable Garden Grove neighborhood. The property offers approximately 4,140 square feet of living space with a total of nine bedrooms, providing strong rental appeal and long-term investment potential. Recent capital improvements include a new roof completed in 2024. Select units have also been updated with laminate flooring, a new stove, water heater, and heater. Each unit is separately metered for electricity, helping simplify utility management. Every unit includes its own private enclosed single-car garage, plus an additional enclosed garage available for owner use. The property is currently occupied by long-term tenants, providing consistent and established rental income. Conveniently located near schools, shopping, dining, and everyday amenities, with easy access to the 22 Freeway. Nearby destinations include H Mart, Business Costco, and Rodeo 39 Public Market. A strong opportunity for investors seeking a well-maintained income-producing property in a high-demand Garden Grove rental market.
Location
8561 Gloria
Garden Grove, Orange, CA, 92844