13052 Rockinghorse Road

Garden Grove, CA 92843

$2,599,000
Price
1
Beds
8
Baths
4,978 Sq. Ft.
$522 / Sq. Ft.
4,978
Sq. Ft.
$522
per Sq. Ft.

Description

Pride of ownership asset at a 5.34% cap rate on actuals! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout...Pride of ownership asset at a 5.34% cap rate on actuals! We are pleased to offer for sale this well-located property in the highly desirable rental market of Garden Grove. This asset provides a unit mix of 1 bedroom units that have ALL been completely gutted and renovated with ENTIRELY new kitchens, bathrooms, and flooring! The exterior has also been completely renovated with a new roof, fascia, paint, stucco, vinyl windows, entry doors, garage doors, exterior lighting and new concrete throughout the entire property. There is also a renovated laundry room with two washers and two dryers that are owned! Each unit also includes A/C units. There are also garages for each unit for tenants to enjoy. There is also a RUBs program in place for tenants to reimburse the owner for utilities which keeps operating expenses low.
  1. Listed by Ruben Khorsandi • DRE #01085411 • Brokerage DRE #01906154 • Alliance Investment RE Group • 949-683-6662

Property Details for 13052 Rockinghorse Road

Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4978
Assessor Parcel Number
100-501-02
Property Attached YN
true
LISTING UPDATED: 08/23/2024 04:11 AM

Property Details for 13052 Rockinghorse Road

StatusActive
MLS #OC24175247
Days on Market86
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1959
CountyOrange County

Building Information for 13052 Rockinghorse Road

Building/Complex13052 Rockinghorse RdFloor-Stories2Residences-Pet Policy-Year Built1959Building Size-

Property Information for 13052 Rockinghorse Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $192,376
  • Gross Scheduled Income: $192,376
  • Net Operating Income: $138,834
  • Laundry Income: $4,500
Expense Details
  • Operating Expense: $53,542
  • Fuel Expense: $3,336
  • Electric Expense: $456
  • Insurance Expense: $1,914
  • Professional Management Expense: $0
  • Trash Expense: $6,060
  • Water Sewer Expense: $6,864
  • Total Expenses: $53,542
Tax / Assessment Info
  • Tax Tract Number: 45
  • Tax Census Tract: 885.01
  • Tax Lot: 100-
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Corner Lot
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 8
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $15,448
  • Unit Type Total Rent: $15,448
  • Unit Type Pro Forma: 17600
  • Unit Type Type: 1
Unit Information
  • 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 13052 Rockinghorse Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 13052 Rockinghorse Road

Taxable ValueLand$1,379,570Additions$164,487Total$1,544,057
Tax Record2024$20,783 ($1,732 / month)
Home Facts
Total Finished SqFt4,978 SqFtAbove Grade Finished SqFt4,978 SqFtStories2Lot Size10,506 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyORANGEAPN100-501-02

Schools near 13052 Rockinghorse Road

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 - 7 to 12
Rating
School
Distance
Ocia A. Peters Elementary School
PublicK to 6

Izaak Walton Intermediate School
Public7 to 8

Santiago High School
Public9 to 12

Marie L. Hare High School
Public7 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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13052 Rockinghorse Road is a multi-family home for sale in Garden Grove, CA 92843. This property was listed for sale on August 23, 2024 by Alliance Investment RE Group, it's currently listed at $2,599,000. It has been on the market for a total of 86 days and was last sold on September 15, 2020. This listing's school district is Garden Grove Unified School District. Nearby schools include Ocia A. Peters Elementary School, Izaak Walton Intermediate School and Santiago High School. 13052 Rockinghorse Road is a 1-bed, 8-bath, 4,978 sqft multi-family home built in 1959.

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 Alliance Investment RE Group, Ruben Khorsandi, DRE #01085411

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.