$1,850,000
5881 Belgrave, Garden Grove CA 92845
Multi-Family (Fourplex)
Property type
1 day
On market
$509
Price per sqft
6 cars
Garage
1963
Year built
7,841 sqft
Lot size
Home highlights
Open Houses
Overview
Turn-Key West Garden Grove Fourplex – Incredible, low-maintenance investment opportunity in highly desirable West Garden Grove! Nestled in a premium, quiet neighborhood bordering Los Alamitos, this turn-key fourplex offers exceptional, high-demand rentals with access to top-rated schools (Enders Elementary, Bell Intermediate, Pacifica High). The property is fully occupied with...
Listing provided by: Brandon Mungai DRE #01885093 714-454-3930, The Brand Haus Inc.
Listing updated: Jun 10, 2026 at 12:47am.
Last checked: Jun 10, 2026 at 01:00am
Source: CRMLS #OC26111667
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,400 | $2,400 | $2,650 | Unfurnished |
| 1 | 2 | 2 | — | $2,700 | $2,700 | $2,800 | Unfurnished |
| 1 | 2 | 2 | — | $2,650 | $2,650 | $2,800 | Unfurnished |
| 1 | 2 | 2 | — | $2,650 | $260 | $2,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Carpet: 4
Dishwasher: 4
Ranges: 4
Rent Control: No
Units Leased: 4
Total Actual Rent: $10,400
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
14.8x
List Price / Annual Gross Rent
Cap Rate
4.58%
NOI / List Price
Gross Scheduled Income: $124,800
Vacancy Allowance: $3,744
Vacancy Allowance Rate: 3%
Operating Expense: $36,321
Net Operating Income: $84,735
Annual Operating Expenses
Gardener: $1,440
Insurance: $4,101
Maintenance: $3,000
New Taxes: $23,680
Trash: $1
Water / Sewer: $1
Other Expense: $4,100
Interior
Flooring: Carpet, Tile
Cooling: Wall Window Units
Heating: Forced Air
Appliances: Dishwasher, Electric Range
Fireplace: Gas, Living Room
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Roof: Shingle
Window Features: Double Pane Windows
Property Condition: Turnkey
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre, Front Yard
Pool: None
Water Source: Public
Sewer: Sewer Tap Paid
Electric: Electricity On Property
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Road Frontage Type: Alley
Garage and Parking
Parking: Assigned, Door Single, Garage
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 22424207
Additional Parcels: No
Tax Lot: 5
Subdivision: NA
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban, Sidewalks
Nearby Schools
Nearby schools around the 5881 Belgrave, Garden Grove, CA 92845. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,480,000
Total Interest
$1,887,658
Total Payment
$3,367,658
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,432
per month
Property History for 5881 Belgrave
Garden Grove Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92845.
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