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Investment Highlights

  • Fully leased quadruplex delivering immediate rental income and consistent cash flow.
  • Quiet cul-de-sac location offering privacy, reduced traffic, and strong occupancy stability.
  • Two recently renovated units with modern finishes that boost tenant appeal and long-term value.

Executive Summary

Don’t miss this exceptional investment opportunity! This well-maintained quadruplex features four spacious 2-bedroom, 1-bathroom units, each offering comfortable layouts designed to attract and retain tenants. Located at the end of a quiet cul-de-sac, the property provides added privacy, reduced traffic, and strong tenant appeal. Two of the four units have been recently remodeled, showcasing updated finishes and modern improvements that enhance rental value and long-term desirability. With all units fully rented and generating consistent income, this property offers immediate cash flow from day one. Whether you're expanding your portfolio or securing your first multifamily investment, this turnkey asset combines stability, upside potential, and a prime location.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $143,107 $15.68
Other Income - -
Vacancy Loss - -
Effective Gross Income $143,107 $15.68
Taxes $25,710 $2.82
Operating Expenses $22,858 $2.50
Total Expenses $48,569 $5.32
Net Operating Income $94,539 $10.36

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $143,107
Annual Per SF $15.68
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $143,107
Annual Per SF $15.68
Taxes (CAD)
Annual $25,710
Annual Per SF $2.82
Operating Expenses (CAD)
Annual $22,858
Annual Per SF $2.50
Total Expenses (CAD)
Annual $48,569
Annual Per SF $5.32
Net Operating Income (CAD)
Annual $94,539
Annual Per SF $10.36

Property Facts

Price $2,329,222 CAD
Price Per Unit $582,305 CAD
Sale Type Investment
Cap Rate 5.16%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.20 AC
Building Size 3,582 SF
Average Occupancy 100%
No. Stories 2
Year Built 1962
Parking Ratio 2.23/1,000 SF
Zoning Multi-Family Dwelling - Multi-Family Dwelling

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Heating

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $3,476 CAD 895
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
099-066-16
Land Assessment
$1,840,463 CAD
Improvements Assessment
$200,728 CAD
Total Assessment
$2,041,191 CAD
Annual Taxes
$25,710 CAD ($7.18 CAD/SF)
Tax Year
2025
  • Listing ID: 39696059

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 13161 Adland St, Garden Grove, CA 92843

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