8209 Larson Ave, Garden Grove, CA 92844

Property Description

Great investment opportunity**VERY QUIET LOCATION IN A GREAT RENTAL AREA OF GARDEN GROVE**Four very large and spacious units with 2 bed/2 bath each**4,016 SF ON A HUGE 10,337 SF LOT with 10 Parking Lot including 3 Carport** Current rent per unit is $1,250 per month for 3 units, $1,300 for 1 unit**FULLY OCCUPIED, BUT RENTS ARE BELOW MARKET WITHOUT RENT CONTROL**All units are in housing program with Long term tenants**Large gated yard w/many Palm Trees**Well maintained with great condition**Property has been remodeled approx 4 years ago with previous owner**Recently Full bathroom remodeled for each unit & New gas stove for every unit by current owner**Unit A & C with Laminate Wood floor throughout**Unit B & D with Neutral Tile floor throughout**Common laundry room for additional income opportunity**Separate gas and electric meters**Major cross streets are Garden Grove Blvd and Beach Blvd**This opportunity is an ideal investment for an investor looking for a property within the strong rental market of Garden Grove**Located in an excellent residential area**Building rarely has a vacancy and units are easy to rent**Sold As Is, Sellers won't do any repair**Buyers to cooperate 1031 exchange with Sellers at no cost to Buyers**Drive by only, please DO NOT disturb the tenants**A MUST SEE**