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Sold for $1,375,000 on 10/17/23
  • Listing Provided by: 

    Vinh Pham DRE #02054997 657-233-5233,

    NRI Group

    $1,375,000

    12502 Volkwood St, Garden Grove, CA 92840

    8beds
    2,400sqft
    Single Family Residence
    Built in 2023
    7,504 Square Feet Lot
    $1,446,500 Zestimate®
    $573/sqft
    $5,129 Estimated rent

    What's special

    UNBELIEVEABLE $687,500 BRAND-NEW single-family home each in OC! Total rental income for two units is $7,300/per month! Two single homes on one lot is perfect for investors looking to maximize their profits. New construction built 2023 current rent is $3,700/month. Features 4BED /2BATH approx. 1200 sqft. Loaded with upgrades such as 9FT ceilings, spacious kitchen with an over-sized island, high quality appliances, and modern kitchen cabinets, this unit is sure to impress. The whole house is equipped with central A/C system, recess lighting, wood flooring, walk-in closets, and washer/dryer hookups, making it the perfect combination of luxury and comfort. Second unit fully remodeled. market rent is $3,600/month 4BED / 2BATH, approx. 1,200 sqft with all the latest upgrades. Ideal choice for 1031-Exchange opportunities. Perfect for first-time homeowners to live in one and rent one. Both units are new, no maintenance for the next 10+ years. The units have their own gas and electric meters, plenty of parking on the huge driveway. Don't miss out on this opportunity with high rental income potential.

    Zillow last checked: 7 hours ago

    Listing updated: October 23, 2023 at 10:21am

    Listing Provided by:

    Vinh Pham DRE #02054997 657-233-5233,

    NRI Group

    Bought with:

    Bruce Carter, DRE #02007845

    Realty ONE Group West

    Source: CRMLS,MLS#: PW23075338MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 4
    • Main level bedrooms: 8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Gas Oven, Gas Range
    • Laundry: Washer Hookup
    Features
    • Open Floorplan, Recessed Lighting, All Bedrooms Down, Walk-In Closet(s)
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main Entry
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,504 sqft
    Details
    • Parcel number: 23154601
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: None
    Condition
    • Updated/Remodeled
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: None
    • Water: Public
    • Utilities for property: Sewer Not Available

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Garden Grove
    • Subdivision: ,Other

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
    Services availability
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    Estimated market value

    $1,446,500