12292 Ranchero Avenue
Garden Grove, CA 92843
- – beds
- – baths
- – sqft
- 9,148 sqft lot
- 1963 build
- – on site
Great Investment Opportunity! This corner lot 4 unit property is located in the highly sought-after city of Garden Grove, offering a rare chance to own a one of a kind income producing property in a prime location. The property boasts amazing curb appeal and features an attached 4 car garage with additional space to build extra outdoor parking, already approved by the city. The property consists of a mix of unit types. One of the units is a single level 2 bedroom, 2 bath with its own private patio. Inside, you'll find a spacious open floor plan, including a cozy living room with a fireplace. The kitchen is nicely sized with quartz countertops, a breakfast counter, and a dining area that opens to the yard. One of the bedrooms has an attached bath, while the secondary bedroom is conveniently located near a full hallway bath. The other three units are two story and each offers 2 bedrooms and 1.5 baths, along with a private patio. The main level of each features an open floor plan with a spacious living room that leads to the private patio, a breakfast nook, and a kitchen with quartz countertops and a half bath. Upstairs, there are two generously sized bedrooms with ample closet space, and a fully remodeled hallway bath. At the rear of the property, you'll find four garage spaces, one for each unit, along with a community laundry room that provides an opportunity for extra income. This property presents a true gem and exceptional investment opportunity - live in one unit and rent out the others for maximum rental income. With current rents below market value, there's significant upside potential. Additional bonus features include fully renovated units with new kitchen countertops, fresh laminate flooring in most areas, and updated plumbing. The property also offers new exterior paint, a new roof in most areas, dual pane windows and sliding doors, a new wood fence, and a new water heater. Centrally located near shopping, parks, grocery stores, dining, entertainment, schools, and with easy access to the 22/5/57 freeways, this property is ideally situated. Don’t miss out on this once in a lifetime opportunity, this property won’t last long!
Last checked:
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Last updated Mar 4, 2025
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MLS# PW25036773 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1963
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4492.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Roof:Shingle
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls, No One Above, No One Below
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Features:Quartz Counters
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Levels:Two
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Entry Location:1
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Window Features:Double Pane Windows
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Flooring:Laminate, Tile
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Room Type:Kitchen, Living Room
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Number Wall AC:4
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:Community
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Laundry:1
Location
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Directions:Trask Ave. / Harbor Blvd.
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Latitude:33.76776700
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Longitude:-117.91517800
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Lot Features:Back Yard, Corner Lot
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Lot Size Area:9148.0000
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Lot Size Acres:0.2100
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Lot Size SqFt:9148.00
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Lot Size Source:Assessor
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View:None
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Fencing:Excellent Condition, Wood
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Road Frontage:City Street
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:891.06
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Tax Tract:3604
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Tax Lot:7
The Listing
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Special Listing Conditions:Standard
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Parcel Number:10135201
Heating & Cooling
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Heating:1
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Heating:Forced Air
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Other (OTHR)
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Subdivision:Other
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Features:Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:4.00
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Garage Spaces:4.00
Extra Units
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Average 2 Bed Area:1100
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Average 3 Bed Area:1130
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/26/25
Feb 26, 2025
|
Listed / Active | CRMLS_CA | $1,999,000 | |
2/8/25
Feb 8, 2025
|
Delisted / Withdrawn | BRIDGE | ||
12/23/24
Dec 23, 2024
|
Price Changed | BRIDGE |