Description

RARE opportunity to acquire two adjacent fourplexes on separate parcels in an extremely low density submarket of Garden Grove. 13272 Roan is being sold as well for the same price, Both fourplexes can be purchased together for $3.75mm. The immediate neighborhood is entirely single family homes creating high demand for rental units! All 8 units in each parcel are LARGE townhome style two bedrooms. There are 14 parking spots in total across both parcels. These properties can be sold together or separately, but must close escrow on the same date! Unit interiors are in above average condition, the properties' exterior has little to no deferred maintenance. This is a pride of ownership opportunity on irreplaceable real estate! ALL units have washer/dryer hookups in unit. All tenants are currently on month-to-month leases, RUBS have also yet to be implemented.