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Sold for $1,600,000
  • Listed by: First Team Real Estate • Tom DeCuir • Contact: 714-357-4866
    Bought with: HPT Realty
    $1,600,000

    12512 Camus Ln, Garden Grove, CA 92841

    9beds
    5baths
    4,571sqft
    Quadruplex
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $350/sqft
    $3,609 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,609/mo

    Zestimate® history
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    What's special

    Shopping centersSpacious floorplans
    This well-maintained four-plex has incredible upside cash flow opportunity. A remarkable building boasting four enticing units, each offering spacious floorplans. This unparalleled investment opportunity promises not only a steady stream of rental income but also immense potential for appreciation and future cash flow. Nestled in the heart of Garden Grove, this four-plex enjoys the undeniable advantage of a highly sought-after location. With close proximity to major transportation routes, shopping centers, schools, and entertainment options, attracting long-term tenants is practically guaranteed. The property showcases a thoughtfully crafted unit mix, ensuring a broad appeal to a wide range of potential tenants. Unit #1, a 3-bedroom, 2-bathroom dwelling. Meanwhile, units #2, #3, and #4, each featuring 2 bedrooms and 1 bathroom. It additionally includes 6 private garage spaces and a community laundry room that generates extra income. The current month-to-month leases provide the astute investor with the flexibility to make adjustments or continue with existing arrangements. With the potential to optimize rental rates, this four-plex stands as a wise investment for those seeking a dependable income stream and excellent returns on their investment. Rest assured, this property has been well-maintained, ensuring that it remains an attractive choice for discerning tenants. All units are currently occupied, establishing immediate cash flow for the prospective investor. Act swiftly, and unlock the potential of this Garden Grove gem. Whether you're a seasoned investor or a newcomer to real estate investing, this property promises to be a rewarding investment. Don't miss out on this golden opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom DeCuir DRE #01245399 714-357-4866,

    First Team Real Estate

    Bought with:

    Darwin Nguyen, DRE #01368178

    HPT Realty

    Source: CRMLS,MLS#: OC23130728MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Rooms
    • Room types: Kitchen, Living Room
    Heating
    • Natural Gas, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,571
    • Total interior livable area: 4,571 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,276 Square Feet
    • Features: Greenbelt
    Details
    • Parcel number: 13159102
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: ,Other
    Location
    • Region: Garden Grove

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $1,632,000
    • Annual tax amount: $19,380
    • Date on market: 7/17/2023
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    8/30/2023Sold$1,600,000-5.9%$350/sqft
    Source: CRMLS #OC23130728 Report a problem
    8/17/2023Pending sale$1,700,000$372/sqft
    Source: CRMLS #OC23130728 Report a problem
    8/1/2023Contingent$1,700,000$372/sqft
    Source: CRMLS #OC23130728 Report a problem
    7/17/2023Listed for sale$1,700,000$372/sqft
    Source: CRMLS #OC23130728 Report a problem
    4/8/2017Listing removed$1,675
    Source: Lion Properties - Property # 312047 Report a problem
    3/29/2017Listed for rent$1,675
    Source: Lion Properties - Property # 312047 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,380 +2.2%$1,632,000 +2%
    2024$18,966 -17.3%$1,600,000 +835.7%
    2023$22,929 +618.3%$170,992 +2%
    2022$3,192 +1%$167,640 +2%
    2021$3,162 +1.4%$164,353 +1%
    2020$3,117 $162,668 +2%
    2019$3,117 +1.4%$159,479 +2%
    2018$3,072 +3.3%$156,352 +2%
    2017$2,974 $153,287 +2%
    2016$2,974 +3.1%$150,282 +1.5%
    2015$2,884 +3.3%$148,025 +2%
    2014$2,792 $145,126 +0.5%
    2013-- $144,471 +2%
    2012-- $141,639 +2%
    2011-- $138,862 +0.8%
    2010-- $137,825 -0.2%
    2009-- $138,153 +2%
    2008-- $135,445 +2%
    2007-- $132,790 +2%
    2006-- $130,187 +2%
    2005-- $127,635 +2%
    2004-- $125,133 +1.9%
    2003-- $122,840 +2%
    2002-- $120,432 +2%
    2001$1,636 +1.7%$118,071 +2%
    2000$1,608 $115,756
    Find assessor info on the county website

    Neighborhood: 92841

    Nearby schools

    GreatSchools rating
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