8661 Trask AVE Garden Grove, CA 92844

A 9-unit multifamily building in Garden Grove. It was under non-rent control before but is now in AB 1482 which is supposed to expire in 2030. The Rental Increase rate is 5% + CPI annually, but CAP is 10%. Spacious with 1 balcony and 1 patio per unit. Enough parking Spots 12 + - 4. There are 2 main buildings (Originally Permitted as 2 4-unit) and 1 non-conforming Building, which has been in existence since 2007 when the owner bought it, on Large 17,010SF Lot. Unit Mix: 6 2bed 1.5bath, 2 2bed 1 bath and 1 bed 1 bath. 6 2bed 1.5 bath units consist of 2 stories like a townhome. 2 2 bed 1 bath units have larger balcony and patio on 2nd floor. 1 1bed 1bath is a non- conforming unit. Close to Schools, Costco, Markets and Major Highways. Building size looks larger than 9,000 SF including 1 non-conforming unit, but Buyer needs to verify it within due-diligence period. Please email or text me to receive a setup sheet with rent roll.