14112 Buena Street, Garden Grove, California 92843, Garden Grove, - bed, bath

home-pic
ACTIVE$1,799,000
14112 Buena Street, Garden Grove, California 92843
0Bed
0Bath
3,706Sqft
10,271Lot
Year Built
1961
Close
-
List price
$1.8M
Original List price
$2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25084365
Home ConditionFair
Features
Patio
View-

About this home

Excellent investment opportunity! This spacious quadruplex features four 2-story units, each offering 2 bedrooms and 1.5 bathrooms, central heating, private patios, and laminate flooring throughout. Units 2, 3, and 4 have been updated within the past year with newer interiors and modern cabinets, while Unit 1 remains in original condition—offering potential for added value with future upgrades. None of the units have A/C, but all are well-maintained. The property is fully tenant-occupied, including long-term and Section 8 tenants. All rents paid on time. Tenants cover their own electricity and gas. Additional features include: 1. Coin-operated community laundry. 2. Three assigned parking spaces per unit, plus two guest spots. Convenient access to 22, 5, and 57 freeways. Close proximity to Santa Ana College and Costco. Don’t miss this turnkey investment with reliable cash flow and room to increase value!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds00
Baths00
Square foot3,7063,820
50%
Lot Size10,27111,452
50%
Price$1.8M$1.8M
50%
Price per square foot$485$470.5
50%
Built year19619805989
50%
HOA
Days on market195175
50%
Condition Rating
Fair

The property was built in 1961. While some units have been updated recently, at least one unit remains in original condition. The updated units show laminate flooring and modern cabinets, but the overall condition appears to be aged and maintained with regular upkeep. The bathrooms and kitchens in the original unit likely require updates. No central A/C. Overall, it requires minor updates or repairs.
Pros & Cons

Pros

Income Potential: The property is a quadruplex, providing immediate rental income from four units.
Updated Units: Units 2, 3, and 4 have been updated with newer interiors and modern cabinets, increasing their appeal to tenants.
Tenant Occupancy: The property is fully tenant-occupied, ensuring consistent cash flow from day one.
Location: Convenient access to freeways (22, 5, and 57) and close proximity to Santa Ana College and Costco enhance tenant desirability.
Assigned Parking: Three assigned parking spaces per unit, plus guest spots, are a valuable amenity for tenants.

Cons

No Air Conditioning: None of the units have air conditioning, which may be a drawback for some tenants, especially during warmer months.
Unit 1 Condition: Unit 1 is in original condition, requiring potential upgrades to match the updated units and maximize rental income.
Older Construction: Built in 1961, the property may require ongoing maintenance and potential repairs associated with older buildings.

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