11045 Sherman Avenue

Garden Grove, CA 92843

$1,400,000
Price
5
Beds
4
Baths
3,024 Sq. Ft.
$463 / Sq. Ft.
3,024
Sq. Ft.
$463
per Sq. Ft.

Description

Awesome opportunity, triplex with an additional bonus unit, situated in the heart of Garden Grove. This property is packed with potential. Boasting an impressive annual income of over $93,000+, Whether you're an owner-occupant or an investor, this property is a perfect choice. Conveniently located with easy access to the 22 and near by freeways. Please respect tenants' privacy—drive-by viewing only!Awesome opportunity, triplex with an additional bonus unit, situated in the heart of Garden Grove. This property is packed with potential. Boasting an impressive annual income of over $93,000+, Whether you're an owner-occupant or an investor, this property is a perfect choice. Conveniently located with easy access to the 22 and near by freeways. Please respect tenants' privacy—drive-by viewing only!
  1. Listed by Rodrigo Juarez Lopez • DRE #01913005 • Brokerage DRE #01835585 • Enterprise Real Estate Sales • 562-714-8434

Property Details for 11045 Sherman Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3024
Assessor Parcel Number
100-013-23
Property Attached YN
true
LISTING UPDATED: 11/21/2024 10:32 PM

Property Details for 11045 Sherman Avenue

StatusActive
MLS #PW24238626
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.22 AC / 9,583 SF
CountyOrange County

Building Information for 11045 Sherman Avenue

Stories1Residences-Year Built1957Building Size-Lot Size0.22 AC / 9,583 SF

Property Information for 11045 Sherman Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $93,240
  • Gross Scheduled Income: $93,240
  • Net Operating Income: $186,480
Expense Details
  • Operating Expense: $4,900
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,500
  • Trash Expense: $1,000
  • Water Sewer Expense: $2,400
  • Total Expenses: $4,900
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 1089
  • Tax Census Tract: 886.02
  • CFD/Mello-Roos Fee: $820
  • Tax Lot: 22
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Sprinkler System
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,420
  • Unit Type Total Rent: $2,420
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,365
  • Unit Type Total Rent: $2,365
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,940
  • Unit Type Total Rent: $1,940
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,045
  • Unit Type Total Rent: $1,045
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 11045 Sherman Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11045 Sherman Avenue

Taxable ValueLand$314,795Additions$126,744Total$441,539
Tax Record2024$6,117 ($510 / month)
Home Facts
Total Finished SqFt2,017 SqFtAbove Grade Finished SqFt2,017 SqFtStories2Lot Size9,933 SqFtStyleTriplexYear Built1957CountyORANGEAPN100-013-23

Schools near 11045 Sherman Avenue

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Agnes Ware Stanley Elementary School
PublicK to 6

Dr. Walter C. Ralston Intermediate School
Public7 to 8

Garden Grove High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11045 Sherman Avenue is a multi-family home for sale in Garden Grove, CA 92843. This property was listed for sale on November 21, 2024 by Enterprise Real Estate Sales, it's currently listed at $1,400,000. This listing's school district is Garden Grove Unified School District. Nearby schools include Agnes Ware Stanley Elementary School, Dr. Walter C. Ralston Intermediate School and Garden Grove High School. 11045 Sherman Avenue is a 5-bed, 4-bath, 3,024 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Enterprise Real Estate Sales, Rodrigo Juarez Lopez, DRE #01913005

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.