10105 Dakota Ave - Garden Grove Triplex Plus Bonus Apartment
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10105 Dakota Ave - Garden Grove Triplex Plus Bonus Apartment
3 Unit Apartment Building Offered at £1,179,555 at a 4% Net Initial Yield in Garden Grove, CA 92843
Investment Highlights
- Fully Renovated Triplex with Bonus Apartment
- $90,000 Current Annual Income
- Fully Renovated Apartments (taken down to the studs)
- Approved Plans for ADU
- New Paint, Roof, and Landscaping
- In Unit Washers and Dryers Included
Executive Summary
Welcome to 10105 Dakota Avenue, a recently fully remodeled triplex plus a bonus unit that is nestled in the heart of Garden Grove, this property is bursting with potential—especially with fully approved plans for a new 2-bedroom ADU that will bring even more value and income. Each apartment has been beautifully renovated from the studs up, featuring high-quality finishes that create a cozy and modern feel. You’ll appreciate the comfort of central air conditioning and the convenience of in-unit washers and dryers (included in the sale). The exterior has recently received upgrades such as, new paint, roof, vinyl windows, and modern landscaping that’s both beautiful and low-maintenance. With an impressive annual income exceeding $90,000, 10105 Dakota Avenue is a fantastic opportunity for anyone looking to step into a turnkey property that requires little upkeep and has great upside potential. This property is ideal for an owner occupant or for someone to use it as an investment property.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £1,179,555 | No. Units | 3 |
| Price Per Unit | £393,185 | Property Type | Residential |
| Sale Type | Investment | Building Size | 1,797 SF |
| Net Initial Yield | 4% | Number of Floors | 1 |
| Gross Rent Multiplier | 16.5 | Year Built/Renovated | 1959/2023 |
| Price | £1,179,555 |
| Price Per Unit | £393,185 |
| Sale Type | Investment |
| Net Initial Yield | 4% |
| Gross Rent Multiplier | 16.5 |
| No. Units | 3 |
| Property Type | Residential |
| Building Size | 1,797 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1959/2023 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 1 | £1,854 | - |
| Studios | 2 | £1,499 | - |
| Studios | 1 | £1,144 | - |
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PROPERTY TAXES
| Parcel Number | 099-042-12 | Improvements Assessment | £41,255 |
| Land Assessment | £587,277 | Total Assessment | £628,532 |
PROPERTY TAXES
Parcel Number
099-042-12
Land Assessment
£587,277
Improvements Assessment
£41,255
Total Assessment
£628,532
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10105 Dakota Ave - Garden Grove Triplex Plus Bonus Apartment
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