12621 Morningside Avenue

Garden Grove, CA 92843

$2,599,000
Price
12
Beds
8
Baths
5,337 Sq. Ft.
$487 / Sq. Ft.
5,337
Sq. Ft.
$487
per Sq. Ft.
a view of a house with a big yard and large trees
a front view of house with yard and green space
a front view of a house with a garden
a view of a balcony and next to a roof deck
a view of a park with swings and slides

Description

Welcome to this exceptional investment opportunity at 12621 Morningside Ave, located in the heart of Garden Grove, California. This property features an 8-unit apartment complex that is a perfect blend of comfort and convenience. Each unit is thoughtfully designed with a spacious layout to provide a comfortable living experience. The units feature large windows that allow for plenty of natural light, enhancing the warm and inviting atmosphere of each apartment. The property is situated in a great...Welcome to this exceptional investment opportunity at 12621 Morningside Ave, located in the heart of Garden Grove, California. This property features an 8-unit apartment complex that is a perfect blend of comfort and convenience. Each unit is thoughtfully designed with a spacious layout to provide a comfortable living experience. The units feature large windows that allow for plenty of natural light, enhancing the warm and inviting atmosphere of each apartment. The property is situated in a great location, offering easy access to a variety of local attractions and amenities. It’s just a short drive away from shopping centers, restaurants, parks, and schools, making it an ideal location for families and working professionals alike. This is a fantastic opportunity for investors looking for a steady income stream, as all units are currently occupied with reliable tenants. The property has been well-maintained and managed, ensuring a hassle-free investment experience. Don’t miss out on this rare opportunity to own a multi-unit property in the thriving city of Garden Grove. Contact us today for more information or to schedule a viewing.
  1. Listed by Tiffany Nguyen • DRE #01429636 • Brokerage DRE #01480932 • Advance Estate Realty • 714-936-6969
  2. Listed by Dean Nguyen • DRE #02152332 • Brokerage DRE #01480932 • Advance Estate Realty

Property Details for 12621 Morningside Avenue

Architectural Style
Traditional
Parking Spaces Total
12
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
8.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5337
LISTING UPDATED: 08/27/2024 09:41 AM

Property Details for 12621 Morningside Avenue

StatusActive
MLS #OC24178102
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1961
CountyOrange County

Building Information for 12621 Morningside Avenue

Building/Complex12621 Morningside AveFloor-Stories2Residences-Pet Policy-Year Built1961Building Size-

Property Information for 12621 Morningside Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $179,400
  • Gross Scheduled Income: $188,988
  • Net Operating Income: $136,016
Expense Details
  • Operating Expense: $43,384
  • New Taxes Expense: $28,000
  • Gardener Expense: $1,020
  • Fuel Expense: $4,112
  • Electric Expense: $585
  • Insurance Expense: $3,000
  • Professional Management Expense: $0
  • Trash Expense: $2,750
  • Water Sewer Expense: $3,917
  • Total Expenses: $43,384
Tax / Assessment Info
  • Tax Tract Number: 3337
  • Tax Census Tract: 891.04
  • Tax Lot: 62
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven
  • Equipment: Community, Gas Dryer Hookup, Room, Washer Hookup
  • Interior Features: Open Floorplan
  • Room Type: Entry, Great Room, Kitchen
  • Laundry: Yes
  • Laundry Features: Community, Gas Dryer Hookup, Individual Room, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Natural Gas, Wall
  • Heating: Natural Gas, Wall Furnace
  • Flooring: Carpet, Tile
Exterior Features
  • Door Features: Insulated Doors
  • Security Features: Security Lights, Smoke Detector(s)
  • Exterior Features: TV Antenna
  • Roof: Flat
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Average Condition
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Yard
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Electric: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Attached Carport, Covered, Driveway
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: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2050
  • 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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 3
Unit 4
  • 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: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 4
Unit 5
  • 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: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 5
Unit 6
  • 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: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,799
  • Unit Type Total Rent: $1,799
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 12621 Morningside 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 12621 Morningside Avenue

Taxable ValueLand$632,759Additions$626,422Total$1,259,181
Tax Record2024$17,384 ($1,449 / month)
Home Facts
Total Finished SqFt5,338 SqFtAbove Grade Finished SqFt5,338 SqFtLot Size9,719 SqFtStyleMulti-Family Dwelling (2-4)Year Built1961CountyORANGEAPN198-122-22

Schools near 12621 Morningside Avenue

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Dwight D. Eisenhower Elementary School
Public - K to 6
Leroy L. Doig Intermediate School
Public - 7 to 8
Santiago High School
Public - 9 to 12
James Monroe Elementary School
Public - K to 6
Rating
School
Distance
Dwight D. Eisenhower Elementary School
PublicK to 6

Leroy L. Doig Intermediate School
Public7 to 8

Santiago High School
Public9 to 12

James Monroe Elementary School
PublicK to 6

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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More information about 12621 Morningside Avenue, Garden Grove, CA 92843

12621 Morningside Avenue is a multi-family home for sale in Garden Grove, CA 92843. This property was listed for sale on August 27, 2024 by Advance Estate Realty, it's currently listed at $2,599,000. It has been on the market for a total of 81 days and was last sold on December 9, 2009. This listing's school district is Garden Grove Unified School District. Nearby schools include Dwight D. Eisenhower Elementary School, Leroy L. Doig Intermediate School and Santiago High School. 12621 Morningside Avenue is a 12-bed, 8-bath, 5,337 sqft multi-family home built in 1961.

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 Advance Estate Realty, Tiffany Nguyen, DRE #01429636; Advance Estate Realty, Dean Nguyen, DRE #02152332

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.