10101 Lampson Avenue Garden Grove, CA ^$ 3,798,000

10101 Lampson Avenue

^$ 3,798,000

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10101 Lampson Avenue

Garden Grove, CA, 92840

^$ 3,798,000

Bedrooms10 Baths1.0 Sq 7,750

Monthly Estimate*

^$ 26,530

Listed by Pat Swanson

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 1

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 2

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 3

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 4

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 5

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 6

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 7

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 8

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 9

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 10

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 11

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 12

10101 Lampson Avenue, Garden Grove, CA 92840 - Image 13

Multi-Family Home for sale in Garden Grove, CA

for $3,798,000 with 10 bedrooms and 1 full bath. This 7,750 square foot home was built in 1950 on a lot size of 0.8011.

Situated on 34,894 Sq., Ft., of land, this 12-unit complex is perfect for savvy investors looking to land bank two large parcels for the future. Not only does this site allow for future development, but the grounds can also accommodate 4 ADU units. Currently, the buildings features 2 - 3 Bedroom/2 Bath Houses, and 10 - 1 Bedroom/1 Bath residences. Don't miss out on this golden opportunity for generations to come.

Multi-Family Active

Price

^$ 3,798,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.8011

Year Built

1950

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

OC24071403

Days on Market

Features

General

Sewer PublicSewer

Garage Spaces 0.0

Pool Features None

Year Built 1950

Property SubType Apartment

Gross Income 233412.0

Community Features Sidewalks

Additional Parcels Description 08936218

County Orange

Net Operating Income 149177.0

Operating Expense 77233.0

Insurance Expense 8300.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions 10101-21 Lampson Avenue

City Garden Grove

Entry Location Front

View Y/N N

Senior Community Y/N N

Total Units 12

MLS Area 699 - Not Defined

Lot Size Square Feet 34894.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Lampson

Listing Terms Cash CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 556.0

Home Warranty Y/N N

Fuel Expense 548.0

Trash Expense 3023.0

Water Sewer Expense 5419.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 21

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source PublicRecords

Tax Lot 0

Property Sub Type Additional Apartment

Exterior

Lot Features FrontYard

Water Source Public

Total Parking 0.0

Lot Size Area 34894.0

Number of Buildings 6

Spa N

Building Area Total 7750.0

Lot Size Acres 0.8011

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 12

Number of Separate Electric Meters 12

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 10101

* Excluded Features

List By

Pat Swanson

Broker

(949) 724-5564

Phone

Affordability Calculator

$26,530

Per Month

Monthly Principal & Interest: $26,530
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Garden Grove, CA

Average List Price ^$3,090,667

Percent of Sale Price 19%

About Garden Grove, CA

176,492 Population

5% Since 2002

^$61,049 Median Income

37.3 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$3,798,000		Listed Price

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10101 Lampson Avenue, Garden Grove, CA, 92840 is a Multi-Family Home for sale at $3,798,000 with 7,750 sqft and a lot size of 0.8011. 10101 Lampson Avenue has 10 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 92840 which is in Garden Grove, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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10101 Lampson Avenue

Multi-Family Home for sale in Garden Grove, CA

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