Est. cap rate

3.2%

Assumed rent, all units

$9,680/mo

Units

4

Price per unit

$450,000

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.

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

4,061 sqft

Lot size

10,077 sqft

Year built

1961

Stories

1

Garage spaces

5

Pool

None

Status

Active

Days on market

1

MLS #

247176190

About this property

13252 Verde Street offers an opportunity to acquire a well-positioned four-unit multifamily property in Garden Grove. Built in 1961, the property consists of approximately ±4,061 square feet situated on a ±10,077-square-foot lot. The unit mix features three 2-bedroom residences and one 3-bedroom residence, providing larger floor plans that appeal to a broad tenant base. The property also includes five garages, on-site laundry, patio, and deck areas, enhancing convenience and livability for residents.

Location

13252 Verde Avenue

Garden Grove, Orange, CA, 92844