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10105 Dakota Ave - Garden Grove Triplex Plus Bonus Apartment

3 Unit Apartment Building Offered at $1,495,000 at a 4% Cap Rate 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 $1,495,000
Price Per Unit $498,333
Sale Type Investment
Cap Rate 4%
Gross Rent Multiplier 16.5
No. Units 3
Property Type Multifamily
Building Size 1,797 SF
No. Stories 1
Year Built/Renovated 1959/2023

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $2,350 -
Studios 2 $1,900 -
Studios 1 $1,450 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
099-042-12
Land Assessment
$743,379
Improvements Assessment
$52,221
Total Assessment
$795,600
  • Listing ID: 33704853

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 10105 Dakota Ave, Garden Grove, CA 92843

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