12522 Orrway Drive

  • Garden Grove

  • $2,900,000
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Residential Income Details

Description
The Orrway Drive Apartments is a 12-unit garden-style multi-family community located in a highly desirable Garden Grove neighborhood that has been immaculately maintained by the current ownership. Built in 1964, the property is made of wood frame and stucco construction with pitched roofs and is individually-metered for gas and electricity. Comprised of two separate six unit buildings on two separate lots (12522 & 12542 Orrway Dr.), the property has a unit mix consisting of two and one-bedroom floor plans that are spacious and well designed. The property is situated on approximately ±0.37 acres and is attractively landscaped with lush shrubs, decorative rock and miniature date palm trees. Community amenities include an attractive courtyard, garage parking, patios and an on-site laundry facility. The Orrway Drive Apartments are located near the cross streets of Beach Boulevard and Lampson Avenue. The property has convenient access to all of the amenities and attractions that Southern California has to offer, and provides an investor the opportunity to acquire a pride of ownership asset within a strong rental market.
Essential
MLS #NP17144692
Price$2,900,000
Number of Units12
Sale TypeStandard
StatusActive Under Contract
Listing BrokerageInvestment Capital Real Estate
Listing AgentIgnacio Diaz Jr.
Listing Agent BRE #01379930
Interior
Exterior
ParkingAssigned
Garage Spaces12
PoolNone
Community
Area61 - N of Gar Grv, S Of Ball, E of Knott, W of Dal
TractOther (OTHR)
CommunityCurbs,Sidewalks
Address12522 Orrway Drive
CityGarden Grove
CountyOrange
StateCA
ZipCode92841
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, October 19, 2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.