About 10622 Tibbs Circle
Great investment opportunities to own a 17 units complex with mixed of 1 Studio, 8 1bed/1bath, 8 2bed/1bath. Rents are currently well below market, 1bed/1bath average rent is only $1,255 and 2bed/1bath average rent = $1,602 per month. Still have lots of room to improve on rental income as average rent is 24% below market rent. Each unit has its own 1 car garage except 1. Total separate 16 cars garages. New roof and re-pipe whole building about 8 years ago. Other amenities such as Community private pool for tenants to enjoy their hot summer, laundry room & Courtyard.
Features of 10622 Tibbs Circle
MLS® # | OC22107904 |
---|---|
Price | $5,590,000 |
Bathrooms | 0.00 |
Acres | 0.45 |
Year Built | 1960 |
Type | Residential Income |
Sub-Type | Apartment |
Status | Active |
Community Information
Address | 10622 Tibbs Circle |
---|---|
Area | 62 - Garden Grove N of Chapman, W of Euclid |
Subdivision | Other (OTHR) |
City | Garden Grove |
County | Orange |
State | CA |
Zip Code | 92840 |
Amenities
Parking Spaces | 16 |
---|---|
Parking | Door-Multi, Garage |
# of Garages | 16 |
Garages | Door-Multi, Garage |
Is Waterfront | No |
Has Pool | Yes |
Pool | Community |
Interior
Heating | Wall Furnace |
---|---|
Cooling | None |
Has Basement | No |
Fireplace | Yes |
Fireplaces | None |
# of Stories | 2 |
Stories | Two |
Exterior
Lot Description | Yard |
---|
Additional Information
Date Listed | May 20th, 2022 |
---|---|
Days on Market | 259 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Agent | Long Nguyen |
---|---|
Office | Advance Estate Realty |