9252 Garden Grove Boulevard # 1 9252 Garden Grove Boulevard # 1 Garden Grove, Калифорния 92844 Соединенные Штаты
9252 Garden Grove Boulevard # 1 Garden Grove, Калифорния 92844 Соединенные Штаты
$7,850,000
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This value add property in the heart of Garden Grove is ready for an owner to properly manage as the tenant mix can be improved and rents are under market. The property consists of 4 buildings and tenants totaling 21,368 SF on a large 1.87 acre...
- 1.8723 Участок (акры)
- Экстерьер
- Коммерческий
- Тип недвижимости
- 1966
- Год постройки
- CV23176589
- Веб-идентификатор
- CV23176589
- Номер в системе MLS
- 175
- дней назад
About 9252 Garden Grove Boulevard # 1
This value add property in the heart of Garden Grove is ready for an owner to properly manage as the tenant mix can be improved and rents are under market. The property consists of 4 buildings and tenants totaling 21,368 SF on a large 1.87 acre lot which, potentially, allows for development opportunity. There are 3 restaurant/caf tenants that drive traffic to the property. There is great upside potential with increased rent and CAM reimbursement as the tenants were mostly leased up during the Pandemic. Property is with some tenants on month to month leases. Currently, there is 1 vacancy and income will improve when that unit is leased.Cap Rate: 5.77% (as-is) 6.91% (proforma)Gross Scheduled Income: $628,793 ($745,1036 proforma) per yearPrice/SF: $368.16sOwner is in process of improving the property including aesthetic upgrades, increasing income, and expense reimbursement so that the financials will noticeably improve over time. See offering memorandum for more information. Contact listing agent for the most up to date information.
Listing Courtesy of STEPHEN SHIU, BROKER, Email/Phone : 213-359-8389
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of STEPHEN SHIU, BROKER, Email/Phone : 213-359-8389
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
функции
- охлаждение
- Центральный тепловой, Пропан Отопление, Централизованный Кондиционер
PROPERTY INFORMATION
- Cooling
- CentralAir
- Heating
- Central
- Water
- Public
EXTERIOR
- Lot Description
- Item610UnitsAcre, CornerLot, LotOver40000Sqft, SprinklerSystem
- Roofing
- Clay
ADDITIONAL INFORMATION
- Number of Units
- 11
Listing Courtesy of STEPHEN SHIU, BROKER, Email/Phone : 213-359-8389