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13031 Wilson Street

Garden Grove, CA 92844
  • $8,316,888
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: TR22085327
$8,316,888
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2015
County:

School Ratings & Info

Listing Agent(s): Dulce Fermin of Century 21 Home (909-591-0158)


Description

STRIKING GARDEN GROVE GEMS! RARE INVESTOR OPPORTUNITY TO OWN THREE (3) PARCELS, EACH HAS SINGLE STORY, THE 3 PROPERTIES ARE ADJACENT TO EACH OTHER, DIRECTLY FRONTING THE SAME STREET AND ARE SEPARATELY TITLED. ALL HAVE BEEN REMODELED AND UPGRADED WITH LUXURY VINYL FLOORS, CERAMIC TILED BATHROOMS, GRANITE COUNTER TOPS, NEW KITCHEN APPLIANCES, CENTRAL AIR CONDITIONING UNITS, AND MANY MORE. THE PROPERTIES ARE LOCATED NEAR WALMART, TARGET, COSTCO, DMV, STATER BROS, BANK OF HOPE, HANMI BANK, AND MANY COMMERCIAL CENTERS THAT INCLUDE KOREAN AND VIETNAMESE RESTAURANTS. ALL 3 PROPERTIES HAS RENTAL INCOME FROM AN EXISTING ADULT RESIDENTIAL FACILITY BUSINESS THAT HAS GENERATED CONSISTENT HIGH LEVEL OF PROFITABILITY. THE RESIDENTIAL FACILITY BUSINESS WHICH OCCUPIES ALL 3 PROPERTIES IS LICENSED FOR A MAXIMUM OF 32 INDIVIDUAL BEDS AND HAS BEEN OWNED AND MANAGED BY THE SAME OPERATOR FOR 28 YEARS. THE FACILITY BUSINESS IS FOR SALE AND IS LISTED SEPARATELY WITH A LISTING NO. TR22085647.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128307195
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13031 Wilson Street Garden Grove, CA 92844

  • Price: $8,316,888
  • Status: Active
  • On Site: 24 Days
  • ID#: TR22085327
0
Beds
0
Baths
0
½ Baths
0.69
Acres
2015
Built
Neighborhood:
Other (Othr)
County:
Orange
Area:
65 - N of Blsa, S of GGrv, E of Bch, W of Brookhrs
Property Description
STRIKING GARDEN GROVE GEMS! RARE INVESTOR OPPORTUNITY TO OWN THREE (3) PARCELS, EACH HAS SINGLE STORY, THE 3 PROPERTIES ARE ADJACENT TO EACH OTHER, DIRECTLY FRONTING THE SAME STREET AND ARE SEPARATELY TITLED. ALL HAVE BEEN REMODELED AND UPGRADED WITH LUXURY VINYL FLOORS, CERAMIC TILED BATHROOMS, GRANITE COUNTER TOPS, NEW KITCHEN APPLIANCES, CENTRAL AIR CONDITIONING UNITS, AND MANY MORE. THE PROPERTIES ARE LOCATED NEAR WALMART, TARGET, COSTCO, DMV, STATER BROS, BANK OF HOPE, HANMI BANK, AND MANY COMMERCIAL CENTERS THAT INCLUDE KOREAN AND VIETNAMESE RESTAURANTS. ALL 3 PROPERTIES HAS RENTAL INCOME FROM AN EXISTING ADULT RESIDENTIAL FACILITY BUSINESS THAT HAS GENERATED CONSISTENT HIGH LEVEL OF PROFITABILITY. THE RESIDENTIAL FACILITY BUSINESS WHICH OCCUPIES ALL 3 PROPERTIES IS LICENSED FOR A MAXIMUM OF 32 INDIVIDUAL BEDS AND HAS BEEN OWNED AND MANAGED BY THE SAME OPERATOR FOR 28 YEARS. THE FACILITY BUSINESS IS FOR SALE AND IS LISTED SEPARATELY WITH A LISTING NO. TR22085647.
Exterior Features

Architectural Style Bungalow Carport YN Yes Fencing BlockWrought Iron Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Other Structures Storage Parking Features Carport Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street

Interior Features

Accessibility Features Safe Emergency Egress From Home Appliances DishwasherDryer Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features Granite CountersOpen FloorplanStorageAll Bedrooms Down

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Street Lights Contingency Simultaneous Close Of Escrows For Both Business Sale And Real Estate Properties Sale. Electric Expense 4260 Exclusions If Buyer Buys Only The 3 Real Estate Properties And Not The Business FacilityExcluded From Real Estate Sale Are Business Owned BedsFurnitureTvsMedication CartsRefrigeratorsMicrowavesFood/Disposable Paper SuppliesAnd Service Vehicles Fuel Expense 3413 Garage YN Yes Gross Income 346090 Gross Scheduled Income 346090 Insurance Expense 18000 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 310431 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 35659 Possession See Remarks Property Condition Turnkey Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire Detection SystemGated With AttendantResident ManagerSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 4923 Water Sewer Expense 5063 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Dulce Fermin of Century 21 Home (909-591-0158)