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Listing IDOC22254383
Sold For$1,440,000
Price/SqFt$380.35
StatusClosed
Sold Date8/02/2023
SqFt
3,786
Acres
0.230
CountyOrange
SubdivisionOther (OTHR)
Year Built1961
Property TypeResidential Income
Property Sub TypeApartment
10761 Palma Vista Ave is in the desirable City of Garden Grove, California. Built in 1961, this garden-style two-story walkup consists of all one-bed one-bath units averaging over 630 square feet per unit. The building has a pitched shingle roof, separate electric meters, and an on-site laundry room for tenant convenience. Units have wall air conditioning, security screen doors, and covered parking. The grounds are also nicely landscaped.
The property is in Northeast Garden Grove next to Disneyland Park, Disney California Adventure Park, Anaheim Convention Center, Angel Stadium, Honda Center, Loara High School, and The Promenade Shopping Center. This puts the property near major retail, educational, and employment opportunities. It is walking distance to CVS, Food 4 Less, Lake Intermediate School, Stoddard Elementary School, Simmons Elementary School, and Anaheim Urgent Care. The property is also conveniently located Near CA-5 & CA-22, allowing residents to easily access the Southern California region.
County
Orange
Price Reduction Date
2023-04-19T22:05:52+00:00
Price/SqFt
380.35
Property Sub Type
Apartment
Property Type
Residential Income
Subdivision
Other (OTHR)
Year Built
1961
Zoning
R3
Appliances
yes
Appliances
Gas Oven, Gas Range
Average 1 Bed Area
631
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Average Studio Area Units
Square Feet
Building Area Units
Square Feet
Common Walls
1 Common Wall
Cooling
yes
Cooling Type
Wall/Window Unit(s)
Fireplace
no
Fireplace Features
None
Heating
yes
Heating Type
Natural Gas
Laundry
yes
Laundry Features
Community
Levels
Two
Number Wall AC
6
Number With Disposal
6
Number With Range
6
Spa
no
Spa Features
None
Stories Total
2
Carport Spaces
6
Construction Materials
Stucco
Fence
no
Fencing
None
Lot Features
6-10 Units/Acre
Lot Size Area
10019
Lot Size Source
Assessor
Lot Size Square Feet
10019
Number Of Buildings
1
Parking
yes
Parking Features
Detached Carport, Covered
Parking Total
9
Pool Features
None
Private Pool
no
Property Attached
yes
Road Surface Type
Paved
Roof
Shingle
Sewer
Public Sewer
Uncovered Spaces
3
Water Source
Public
Window Features
Screens
Country
US
Elevation Units
Feet
MLS Area Major
61 - N of Gar Grv, S Of Ball, E of Knott, W of Dal
Subdivision Name Other
Not available
Additional Parcels
no
Association
no
Community Features
Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Days On Market
170
List Agent State License
01316702
List Office State License
01316702
Lot Size Units
Square Feet
New Construction
no
Number Of Separate Electric Meters
7
Number Of Separate Gas Meters
7
Number Of Separate Water Meters
1
Number Of Units Leased
6
Number Of Units Total
6
Parcel Number
08965104
Senior Community
no
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Year Built Source
Assessor
Cap Rate
4.41
Electric Expense
520
Fuel Expense
480
Gardener Expense
1200
Gross Multiplier
15
Gross Operating Income
100008
Gross Scheduled Income
102000
Gross Spendable Income
66859
Insurance Expense
2400
Land Lease
no
Laundry Equipment Own Lease
Lease
Laundry Income
2400
Maintenance Expense
3000
Net Operating Income
66859
New Taxes Expense
17252
Operating Expense
33149
Other Expense
1670
Pest Control Expense
600
Price Per Unit
252500
Rent Control
no
Special Listing Conditions
Standard
Tax Census Tract
883.01
Tax Lot
18
Tax Tract Number
3730
Tenant Pays
Cable TV, Electricity, Gas
Total Actual Rent
96000
Total Expenses
33149
Trash Expense
2100
Vacancy Allowance
1992
Vacancy Allowance Rate
2
Water Sewer Expense
3290
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to First Team Real Estate or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 02:46:11 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Thursday, March 28th, 2024 02:46:11 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Contact - Listing ID OC22254383
Mahesh Patel
8028 Santa Ana Canyon Road
Anaheim Hills, CA 92808
Phone: 7144708600
Data services provided by IDX Broker