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13121 Wilson Street, Garden Grove, California 92844, Garden Grove, - bed, bath

home-pic
ACTIVE$2,895,000
13121 Wilson Street, Garden Grove, California 92844
0Bed
0Bath
5,109Sqft
10,019Lot
Year Built
1984
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25092415
Home ConditionGood
Features
Good View: Neighborhood
Deck
ViewNeighborhood

About this home

Welcome to 13121 Wilson Avenue, a prime investment opportunity ideally located in the Garden Grove/Stanton area. This fully renovated 5-unit property has been meticulously updated and is ready for its new owner. The building features four 2-bedroom, 2-bath units, each offering new luxury vinyl plank flooring, modern kitchens with quartz countertops, and stylishly remodeled bathrooms. The spacious 3-bedroom, 2-bath unit also boasts a beautifully renovated kitchen and bathrooms, upgraded flooring throughout, and a versatile nook perfect for studying or working from home. Each unit is currently leased, providing immediate rental income with stable tenants in place. An added bonus — every unit includes a private 2-car garage, offering convenience and additional value for residents. Whether you're looking to expand your portfolio or start building generational wealth, 13121 Wilson presents an exceptional investment opportunity. Please contact us for more details and to discuss everything this outstanding property has to offer.

Condition Rating
Good
The property, built in 1984, has been renovated. The listing details and images show updated kitchens with quartz countertops and remodeled bathrooms. The flooring has been upgraded to luxury vinyl plank. While not brand new, the renovations appear recent and of good quality, suggesting a move-in ready condition with no immediate major renovations required.
Pros & Cons

Pros

Fully Renovated Units: All five units have been meticulously updated with new luxury vinyl plank flooring, modern kitchens featuring quartz countertops, and stylishly remodeled bathrooms, increasing tenant appeal and potential rental income.
Immediate Rental Income: The property is fully leased with stable tenants, providing immediate and consistent rental income for the new owner.
Private Garages: Each unit includes a private 2-car garage, a highly desirable amenity that adds significant value and convenience for residents.
Desirable Unit Mix: The property features a mix of four 2-bedroom, 2-bath units and one spacious 3-bedroom, 2-bath unit, catering to a broad range of tenant needs and preferences.
Prime Location: Located in the Garden Grove/Stanton area, the property benefits from a desirable location with access to local amenities, schools, and transportation.

Cons

Year Built: Built in 1984, the property may require ongoing maintenance and potential upgrades in the future compared to newer constructions.
Lot Size: The lot size of 10,019 sqft, while adequate, may limit potential expansion or development opportunities compared to larger lots.
Limited Amenities: The property description does not mention any communal amenities such as a pool, gym, or common outdoor space, which could be a drawback for some tenants.

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