Est. cap rate

2.8%

Assumed rent, all units

$4,480/mo

Units

2

Price per unit

$475,000

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

2

Building size

1,612 sqft

Lot size

5,448 sqft

Year built

1953

Stories

1

Garage spaces

0

Heating

None

Cooling

None

Pool

None

View

None

Status

Active

Days on market

2

MLS #

248383464

About this property

Great opportunity to own a duplex with two separate addresses (10002 & 10006) in the heart of Garden Grove! Each unit features 2 bedrooms, 1 bathroom, and a bonus room. Unit 2 also includes an additional bathroom. The property offers parking for up to six cars, including a two-car carport and four driveway parking spaces, two separate gas meters, two separate electric meters, and one shared water meter. One unit is currently tenant-occupied, while the other is vacant, offering flexibility for an owner-user or investor. Conveniently located near schools, supermarkets, restaurants, parks, and with easy access to freeways. Property is being sold in AS-IS condition. Don’t miss this great investment opportunity!

Location

10002 Dakota

Garden Grove, Orange, CA, 92843