Address
10622 Tibbs Circle Garden Grove, CA
Price
$ 4,450,000
Property Attributes
  • MLS#OC21009846
  • TypeIncome
  • CountyORANGE
  • CityGarden Grove
  • AreaGarden Grove N of Chapman - W of Euclid
  • NeighborhoodOther
  • Zip92840
  • Style
  • Price$ 4,450,000
  • Bedrooms24
  • Full Bathrooms17
  • Half Bathrooms0
  • Sqr Footage12275
  • Lot Size0.45 Acres
Listing Provided Courtesy Of:
Long Nguyen with Advance Estate Realty.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

This apartment is in a very high demand rental area with 0% vacancy. Well maintenance apartment. All Buildings have been Re-roof & Re-Pipes. Each unit now has its own shut off values for future maintenance. Rental income is well below market rent (about 20% rent upside).

Price History
1/16/2021 Listed $4,699,000
2/16/2021 6% - $4,450,000

General Features

Community Features Street Lights, Urban, Pool
Garage Spaces 16
Garage Y/N Yes
Levels Two
Listing Agent Long Nguyen - BRE#01391629
Listing Agent State License 01391629
MLS Area 62 - Garden Grove N of Chapman, W of Euclid
Pool Features Community, In Ground
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Spa Features None
Special Listing Conditions Standard
Status Active
Stories 2
Subdivision Name Other (OTHR)
Terms Cash, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac
Total Actual Rent 21530
Total Units 17
Utilities Sewer Available
View None
Water Sewer Expense 10732

Interior Features

Common Walls 2+ Common Walls
Laundry Features Common Area

Exterior Features

Lot Features Garden
Lot Size Acres 0.45
Lot Size Area 19602
Lot Size Source Assessor
Lot Size Square Feet 19602
Lot Size Units Square Feet
Number of Buildings 4
Number of Separate Electric Meters 17
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Parking Features Assigned
Road Frontage Type Alley, City Street
Total Parking 16
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92840

Price
AVG $4.58M
$4.45M
Visits
AVG 35
59
Year Built
AVG 1981
1960
Walkscore
AVG 63
75
Data Provided by Walkscore ® not using MLS data

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