Location, location, location !! Well kept 16-unit multifamily investment property located in the heart of Garden Grove. Spanning a 0.43-acre lot, the property comprises 16 one-bedroom units, collectively offering 9,288 square feet of living area. The units are always fully leased, feature newer windows, sleek color front doors and approximately 10 units have been renovated with modern laminate wood flooring. The property provides gated access for added security, includes 10 garages and 6 carports with convenient alley access. Tenants can enjoy a spacious courtyard equipped with a BBQ area for entertaining. Additionally, there are 6 onsite laundry machines and 2 newer water heaters. Its highly convenient location makes this property an attractive option for both potential tenants and investors.
Property Details
Property Features
Property Information:
Year Built: 1960
Stories: 2
Listing Office:
Office Name: CBD Investment Inc.
Office Phone: (626) 236-0199
Listing Agent: Margaret Lee
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 10 spaces
Lot Features
Lot Information:
Lot: Garden
Lot Size: 0.44 Acres
Other
Directions Information:
Directions: Garden Grove and Rockinghorse Rd
Price Information
Listing Price Info
Price Summary:
List Price: $3,980,000
Tax Information:
Annual Amount: $43,628
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Garden Grove, CA.
This property is $3.0M more than the Median Sold Price in Garden Grove, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #AR24137900
Listing Office:
Office Name: CBD Investment Inc.
Office Phone: (626) 236-0199
Listing Agent: Margaret Lee
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 24, 2017
Mar 24, 2017Home Sold
$3,050,000
Nov 20, 2009
Nov 20, 2009Home Sold
$1,575,000
Dec 28, 2006
Dec 28, 2006Home Sold
$2,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$43,628
$3,270,216
2020
$43,109
$3,236,684
2019
$41,528
$3,173,220
2018
$41,528
$3,111,000
2017
$31,707
$2,273,042
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19.9K
Per Month
Principal & Interest
$19.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Ocia A. Peters Elementary School
13162 Newhope St
Distance between this listing and this school0.19 miles
Public District Grades KG-6
4
/10
C. C. Violette Elementary School
12091 Lampson Ave
Distance between this listing and this school0.71 miles
Public District Grades KG-6
6
/10
Woodbury Elementary School
11362 Woodbury Rd
Distance between this listing and this school0.76 miles
Public District Grades KG-6
Nearby Schools
7
/10
Izaak Walton Intermediate School
12181 Buaro St
Distance between this listing and this school0.94 miles
Public District Grades 7-8
7
/10
Dr. Walter C. Ralston Intermediate School
10851 Lampson Ave
Distance between this listing and this school1.17 miles
Public District Grades 7-8
6
/10
Leroy L. Doig Intermediate School
12752 Trask Ave
Distance between this listing and this school1.23 miles
Public District Grades 7-8
Nearby Schools
9
/10
Garden Grove High School
11271 Stanford Ave
Distance between this listing and this school0.75 miles
Public District Grades 9-12
7
/10
Santiago High School
12342 Trask Ave
Distance between this listing and this school0.84 miles
Public District Grades 9-12
6
/10
Samueli Academy
1901 N Fairview St
Distance between this listing and this school1.51 miles
The neighbors living near this home have an average income of $29,533. Typical income of Garden Grove, CA residents is less than $35k annually. The most common type of family is married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11662 Stuart Dr
What is the listing price of this property?
The listing price of 11662 Stuart Dr property is $3,980,000.
What type of property is this?
The property 11662 Stuart Dr is a condo located in Garden Grove, California, 92843.
Is this property for sale now?
Active Listing: 11662 Stuart Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $43,628 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 24, 2017 for $3,050,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 11662 Stuart Dr is 1960.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 11662 Stuart Dr in Garden Grove, CA and zip code 92843. This home, which was built in 1960, sits on a 0.44 acre lot. It has been listed on Rocket Homes since July 06, 2024 and is currently priced at $3,980,000.
Garden Grove, CA housing market in October 2024 saw over 50 listings sold above listed price, more than 9 sold at listed price and over 8 sold below. The number of homes for sale in Garden Grove, CA increased by 4.3% between September 2024 and October 2024. Listings spent 17 days on the market in October 2024, and had a median list price of $924,444 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Ross Dress For Less
H&M
Foot Locker
Jack In The Box
Boston Market
Little Caesars
Nissan
Honda
Dodge
Rhythmic Contemporary Hits
Urban Adult Contemporary