Secured Realty Group
Rick Marquis, Secured Realty GroupPhone: (818) 216-4202
Email: [email protected]
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listing
1 of 8
Residential IncomePending
$8,245,000
13871 Shady Lane
Garden Grove, CA
Listed by Rick Applebaum DRE#01273871 [email protected] Morgan Skenderian
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$42,659/mo

13871 Shady Lane, is a 1986 construction, 15-unit apartment investment opportunity located in the desirable rental market of Garden Grove. An unbelievable opportunity for the apartment investor looking to find a highly unique asset with great potential. In place rents offer solid cash flow with no immediate need for increases. Upside will be obtained simply through standard rental increases on an annual basis without the need for major renovations. The true upside lies in the potential adding of several ADU’s (Accessory Dwelling Units) based on a tremendous lot size of just under an acre (38,776 sq.ft.) and ample open space.

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Information courtesy of Morgan Skenderian is subject to verification and is not guaranteed.
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