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12892 Louise Street
USD 1,988,800
Property ID: PW23111842
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12892 Louise Street ,92841
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icon 16553 SqFt
icon Built in 1937
icon USD 120/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2700
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1937
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Detailed Introduction Of This Home
This is an amazing opportunity to own a very unique property with a great upside potential. This property is perfect for an investor looking for a solid positive return , a business owner that needs parking for vehicles as well as rental income or a owner that would live in one home and rent out the rest. This property features three detached homes as well as a three car garage. The property break down is as follows Zoning : Garden Grove Boulevard Mixed Use (GGMU) : 12892 Louise St - 2 bedrooms, office, 2 bath built in 1937 : 12902 Louise - 3 bedrooms , 2 baths built in 1950 : 12888 Louise - 3 bedrooms , 2 baths built in 1950 : Garage consisting of 3 separate stalls built 1988. The lot is over 16000 sf and can accommodate an estimated 28 cars for parking. Each home has been meticulously maintained by the same family for generations. The city of Garden Grove is currently implementing a street expansion and sidewalk installation project on the subject street. The pro forma Cap Rate for the property including possible garage rental and other income stands at 5.66 %. This is an amazing opportunity that will not last.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (43)
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12892 Louise Street
USD 1,988,800 0 Beds
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