Garden Grove, CA 92840 12551 Nutwood Street

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Presented By: Ruben Khorsandi with Alliance Investment RE Group; 949-683-6662
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25124210
  • 06/03/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 5,120

Home Details

PRIDE OF OWNERSHIP ASSET! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring within the last year! The exterior has also been renovated with new paint, entry doors, exterior lighting and newer vinyl windows and roof! Each unit is retrofitted with AC units and there is also a renovated laundry room for tenants to utilize. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. There is also ample on-site parking along with street parking.
Presented By: Ruben Khorsandi with Alliance Investment RE Group; 949-683-6662

Interior Features for 12551 Nutwood Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 12551 Nutwood Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.6
Carport Y/NNo
CityGarden Grove
Community FeaturesCurbs, StreetLights, Sidewalks
CountyOrange
DirectionsLocated off of Lampson and Nutwood Street
Electric Expense500.0
Electric On Property Y/NNo
Entry LocationGround
Fuel Expense2000.0
Garage Spaces0.0
Garage Y/NNo
Gross Income198720.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet12197.0
Lot Size UnitsSquareFeet
MLS Area62 - Garden Grove N of Chapman, W of Euclid
MobileHomeRemainsYNNo
Net Operating Income148350.0
New ConstructionNo
Number Of Units Total8
Operating Expense50370.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameOther
Tax Lot1
Tenant PaysElectricity
Trash Expense4733.0
Water Sewer Expense4800.0
Year Built1960
Year Built SourceAssessor

Exterior for 12551 Nutwood Street

Building Area Total5120.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.28
Lot Size Area12197.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,649,000
MLS#OC25124210
List Date 06/03/2025
Property Type Multi-Family
Phone 714.742.6515
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