Garden Grove Multifamily Properties for Sale

Value-Add Opportunities in a High-Demand Central OC Market

Garden Grove: Central OC's Value-Add Multifamily Market

Garden Grove residential income property for sale

Residential income property in the Garden Grove market

As local brokers, we track Garden Grove as one of the most compelling value-add multifamily markets in Orange County. Bordering Anaheim and Westminster, Garden Grove benefits from Disneyland Resort employment spillover, the Little Saigon commercial corridor, and a dense, diverse renter population that has sustained occupancy through multiple market cycles. Older housing stock throughout the city offers significant renovation and ADU upside at price points that still allow deals to pencil.

Garden Grove has a high concentration of 2-4 unit properties relative to other OC cities, giving buyers more options to evaluate. Many of these properties are owned by long-term landlords who have not raised rents to market, which creates genuine value-add opportunity for a buyer willing to invest in improvements and professional management. Whether you are deploying a 1031 Exchange into a cash-flowing asset or acquiring your first income property, Garden Grove deserves serious attention.

Want to discuss cap rates, zoning or off market opportunities in Garden Grove? Call or text us: 949-430-7500

Multifamily Inventory in Garden Grove

Multifamily inventory in Garden Grove is deeper than in most Orange County cities, and the listings below update directly from the MLS. Even so, the best properties often sell quickly or privately, so tell us what you want and we will watch for it.

How We Help Garden Grove Investors, Owners and First Time Buyers

Buying

We search duplexes, triplexes, fourplexes and apartment buildings for you, including properties that sell privately before they reach the MLS. We verify rents and expenses and run the cap rate before you write an offer.

See Off Market Properties »

Selling

Income properties are priced on rents, expenses and net operating income. We build your price from your numbers and recent sales. Skip the automated estimate and get a human verified valuation.

Get a Valuation and Cap Rate Analysis »

1031 Exchanges

Selling an investment property or buying with exchange funds? Federal rules give you 45 days to identify replacement properties and 180 days to close, so we line up targets early. Work with a qualified intermediary and your tax advisor.

Plan Your Exchange »

Live in One Unit

Buy a duplex, triplex or fourplex, live in one unit and rent the others. Owner occupied financing can mean a lower down payment, and lenders may count part of the rent toward qualifying. We connect you with a lender and show your payment after rent.

Run Your Numbers With Us »

Larger buildings too. We also work with apartment buildings of 5 or more units, even 120 unit properties. They are labeled commercial instead of residential and use commercial financing, but we evaluate, price and market them the same way.

Garden Grove Multifamily Resources

What Is Your Garden Grove Multifamily Property Worth?

Multifamily is often sold before it reaches the MLS, and values vary by building, rents and condition. Whether you want to buy, sell, exchange or live in one unit, we will run the numbers with you. We can also build a custom report for a specific Garden Grove neighborhood or property type.

Garden Grove Multifamily Investment FAQ

Is Garden Grove a strong value-add multifamily market?

Yes. Garden Grove has a large inventory of 2-4 unit properties, much of it owned by long-term landlords who have not maximized rents or invested in updates. This creates a reliable pipeline of value-add opportunities for investors willing to renovate, re-lease at market rates, and add ADUs where zoning allows. The city's central location, diverse workforce renter pool, and Anaheim employment adjacency keep demand strong. For investors who want to buy below replacement cost and force appreciation through improvements, Garden Grove is one of the better opportunities in Orange County.

What is house hacking and how does it work in Garden Grove?

House hacking is the strategy of purchasing a multifamily property, living in one unit, and renting the others to offset your mortgage. In Garden Grove, fourplexes are the most common house hacking vehicle because they qualify for owner-occupied FHA financing, which allows lower down payments than conventional investment loans. The rental income from the other three units can significantly reduce or eliminate the owner's housing cost. FHA loan limits for 4-unit properties in Orange County are updated annually. Contact us for the current figure before running your numbers.

Does Garden Grove have rent control?

Garden Grove does not have local rent control, but California's AB 1482 statewide rent cap applies to most multifamily properties that are more than 15 years old and not single-family homes or condos. AB 1482 limits annual rent increases to 5% plus local CPI, with a maximum of 10%. Properties built within the last 15 years are exempt. Buyers should review current AB 1482 applicability for any specific property with a real estate attorney before closing, as the rules have nuance around exemptions and just cause eviction requirements.

Are Garden Grove multifamily properties good for a 1031 exchange?

Yes, for the right buyer profile. Garden Grove multifamily offers a combination of rental demand fundamentals and ADU upside that makes it a credible 1031 exchange destination. The key is identifying properties with genuine value-add potential rather than paying a premium for cap rate compression that has already occurred. Working with an agent who has off-market access is essential in this segment, as the best opportunities rarely hit the public MLS.

Are there duplexes or small multifamily properties for sale in Garden Grove?

Yes. Garden Grove regularly has duplexes, triplexes and fourplexes for sale, and the listings on this page update directly from the MLS. We also watch for properties that sell privately before they are listed. Tell us what you want and we will keep an eye out.

Do you work with apartment buildings of 5 or more units in Garden Grove?

Yes. We work with apartment buildings of every size, from a duplex to a 120 unit property. Buildings with five or more units are labeled commercial instead of residential and use commercial financing, and they are often marketed on commercial platforms such as LoopNet instead of the MLS. We evaluate, price and market them the same way, starting with the rents, the expenses and the cap rate.

How do I sell my Garden Grove multifamily or income property?

Income properties are priced on rents, expenses and net operating income, not just comparable sales. We build your price from your numbers and recent sales, then market to investors, exchange buyers and owner occupants. We can also sell quietly if you prefer a private sale. Skip the automated estimate and request a human verified valuation.

Browse Garden Grove Multifamily Listings

The listings below update directly from the MLS. If you have questions about a specific property or want to talk strategy, contact us or call 949-430-7500.

Garden Grove Multi-Family Properties for Sale

12905 Palm, Garden Grove
$3,350,000
OC26225141 MLS ⋅ Active Status
12-unit multifamily property located at 12905 and 12921 Palm Street in Garden Grove, California. The property consists of 12 residential units, each features one bedroom and one bathroom, spread across two parcels. It features on-site parking and a community laundry area, and is conveniently located across the street from Garden Grove Hospital Medical Center and approximately 5 minutes from The Disneyland Resort. The property also offers access to nearby shopping, dining, major streets, and other local amenities.

12905 Palm, Garden Grove
10002 Dakota, Garden Grove
$950,000
PW26211327 MLS ⋅ Active Status
Great opportunity to own a duplex with two separate addresses (10002 & 10006) in the heart of Garden Grove! Each unit features 2 bedrooms, 1 bathroom, and a bonus room. Unit 2 also includes an additional bathroom. The property offers parking for up to six cars, including a two-car carport and four driveway parking spaces, two separate gas meters, two separate electric meters, and one shared water meter. One unit is currently tenant-occupied, while the other is vacant, offering flexibility for an owner-user or investor. Conveniently located near schools, supermarkets, restaurants, parks, and with easy access to freeways. Property is being sold in AS-IS condition. Don’t miss this great investment opportunity!

10002 Dakota, Garden Grove
9941 11th Street, Garden Grove
$1,842,643
OC26213340 MLS ⋅ Active Under Contract Status
Exceptional Garden Grove fourplex situated on an expansive 9,583-square-foot lot, offering extensive recent improvements, spacious apartments, and a beautifully remodeled vacant unit. Built in 1978, this approximately 4,120-square-foot property features one 3-bedroom, 2-bath apartment and three 2-bedroom, 1-bath apartments, with each unit getting a one car garage + driveway parking and an on-site laundry room. The generous lot, attractive landscaping, freshly painted exterior, and new driveway create inviting curb appeal and a spacious setting. Significant improvements include a new roof in 2021, plus a new hot water heater, updated electrical systems for all four units, a new driveway, an automated sprinkler system, and exterior building paint in 2026. Upstairs Unit C has been completely remodeled with a new kitchen, bathrooms, flooring, and interior paint. Its bright, welcoming interior showcases white kitchen cabinetry, light-colored quartz countertops, recessed lighting, wood laminate luxury vinyl flooring, and stylish bathrooms with an illuminated mirrors. An expansive private balcony with newly waterproofed surfaces provides ample space for outdoor relaxation and entertaining. Both ground floor units have private back yards. Both upstair units have private balconies. Currently vacant, Unit C offers flexibility for an owner-occupant or an investor seeking to select a new tenant. Enjoy a convenient location near the vibrant shopping, dining, and cultural destinations of Little Saigon, including Asian Garden Mall, also known as Phuoc Loc Tho. Nearby Bolsa Avenue and Brookhurst Street offer an outstanding selection of Vietnamese restaurants, cafés, bakeries, specialty markets, and everyday services. Schools, Garden Grove Park, Mile Square Regional Park, and easy access to the 22 Freeway further enhance the location. With three occupied apartments, a freshly remodeled vacant unit, substantial building improvements, and a generous 9,583-square-foot lot, this property presents a compelling opportunity to establish or expand any Orange County real estate portfolio.

9941 11th Street, Garden Grove
13211 Nelson Street, Garden Grove
$4,400,000
20 Beds ⋅ 14 Baths ⋅ 26996381 MLS ⋅ Active Status
Ravenwood Arms presents a rare opportunity to acquire a 14 unit multifamily property in a highly desirable Orange County rental market. Ideally situated near major Southern California destinations, the property offers convenient access to Knott's Berry Farm, Disneyland Resort, shopping centers, restaurants, and everyday conveniences, supporting strong long-term rental demand. The property is centrally located with easy access to major freeways, including the 22, 405, 5, and 55, providing residents with convenient connectivity throughout Orange County and the greater Los Angeles area. The location also boasts a Walk Score of 81/100, with dining, groceries, shopping, and other daily necessities accessible on foot. Originally constructed in 1960, The Ravenwood Arms features an attractive unit mix consisting of six spacious 2 bedroom/1 bathroom apartments and eight 1 bedroom/1 bathroom units. Unit 1 (2Bd/1Ba), as listed on the rent roll, is expected to become vacant in December 2026. A potential market rent of $2,500 has been indicated for the unit. A key component of the investment opportunity is the property's significant rental upside. Current rents are approximately 38% below projected market rents, providing investors with an opportunity to increase rental income and grow property cash flow through the continued implementation of a value-add strategy. Each apartment is individually metered for electricity and gas, while water is master metered. Community amenities include a well-maintained swimming pool and a shared laundry room. The property has benefited from several recent capital improvements, including replacement of decking, stairs, and railings; newer doors and windows; and resealing of the blacktop parking area. The property provides 14 uncovered assigned parking spaces at the rear of the building along with ample nearby street parking. With its desirable Orange County location, functional unit mix, recent property improvements, and access to major employment and entertainment destinations, Ravenwood Arms offers an attractive opportunity for investors seeking a value-add strategy or a long-term multifamily hold.

13211 Nelson Street, Garden Grove
12132 Bailey, Garden Grove
$2,145,000
PW26215299 MLS ⋅ Active Status
We are pleased to present a turn key 4-unit asset located in West Garden Grove bordering Los Alamitos. This property consists of four fully renovated, townhome-style units - each spanning over 1000 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, and spacious private patios — all of which contribute to a condo-quality environment that attracts and retains quality tenants. This asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.

12132 Bailey, Garden Grove
13252 Verde Avenue, Garden Grove
$1,800,000
PW26203054 MLS ⋅ Active Status
13252 Verde Street offers an opportunity to acquire a well-positioned four-unit multifamily property in Garden Grove. Built in 1961, the property consists of approximately ±4,061 square feet situated on a ±10,077-square-foot lot. The unit mix features three 2-bedroom residences and one 3-bedroom residence, providing larger floor plans that appeal to a broad tenant base. The property also includes five garages, on-site laundry, patio, and deck areas, enhancing convenience and livability for residents.

13252 Verde Avenue, Garden Grove
9861 Acacia Avenue, Garden Grove
$1,325,000
PW26202979 MLS ⋅ Active Status
9861 Acacia Avenue is a three-unit multifamily investment in Garden Grove offering a compact, well-located asset with clear rental upside. Built in 1961 on a 7,199 SF lot, the property totals 2,905 SF and is configured entirely as 2BR/1BA units — a tenant-friendly mix that supports stable occupancy. Parking is provided via three garages, and select units include patio and deck space along with on-site laundry.

9861 Acacia Avenue, Garden Grove
12922 Shackelford, Garden Grove
$3,400,000
PW26198182 MLS ⋅ Active Status
Don’t miss this rare, exceptional investment opportunity in a highly desirable location! 12922 & 12932 Shackleford Lane are two adjacent 6-unit income properties being offered together as a package deal for $3,400,000 ($1,700,000 per property). This well-maintained 12-unit portfolio features a highly desirable unit mix: each building offers one 2-bedroom/1-bathroom unit and five 1-bedroom/1-bathroom units. The properties boast excellent curb appeal with newly painted exteriors and brand-new outdoor stairs. Inside, all units have been upgraded with new circuit breakers, and each unit is individually metered for both gas and electricity to keep owner expenses low. Parking is abundant with four 2-car garages and 12 additional surface parking spaces. Additional highlights include an on-site, coin-operated laundry facility generating extra monthly income, and reliable, long-term value tenants currently in place. Conveniently located just minutes from local schools, supermarkets, and everyday amenities, this property offers significant upside rent potential and future development growth. A true pride-of-ownership asset for the savvy investor!

12922 Shackelford, Garden Grove
12920 Sycamore Street, Garden Grove
$1,799,000
OC26195226 MLS ⋅ Active Status
Back to the market - Exceptional 4-unit Investment Property in the Heart of Garden Grove. Outstanding investment opportunity featuring 4 units with long-term tenants, including Section 8. The property consists of a single-story front unit and 3 additional units in the rear (2 upstairs and 1 downstairs). 3 of the units showcase catheral ceilings, desinger tile flooring, air conditioning, and granite countertops in the kitchens. The 4th unit features tile and wood laminate flooring. All units include window coverings, spacious living rooms with fireplaces, dining areas, 2 bedrooms and 1.5 bathrooms. The front unit offers a private courtyard patio and a covered side patio, while the downstairs rear unit boasts an expansive grassy yard with its own patio. Additional amenities include 2 shared two-car garages with roll-up doors, 2 guest parking spaces, and ample street parking. The building also provides a shared driveway, covered courtyard, laundry facility, landscaped grassy area, and 24 hours security camera monitoring. Prime location! Conveniently situated near Beach Blvd and Garden Grove Blvd. Just minutes from Little Saigon and Koreatown. Easy access to major freeways, restaurants, churches, schools, Rodeo 39, Walmart, H-Mart, Home Depot, Costco and Costco Business.

12920 Sycamore Street, Garden Grove
8561 Gloria, Garden Grove
$1,850,000
PW26192772 MLS ⋅ Active Status
Prime Garden Grove Multi-Unit Investment Opportunity Excellent opportunity to acquire a well-maintained multi-unit income property in a desirable Garden Grove neighborhood. The property offers approximately 4,140 square feet of living space with a total of nine bedrooms, providing strong rental appeal and long-term investment potential. Recent capital improvements include a new roof completed in 2024. Select units have also been updated with laminate flooring, a new stove, water heater, and heater. Each unit is separately metered for electricity, helping simplify utility management. Every unit includes its own private enclosed single-car garage, plus an additional enclosed garage available for owner use. The property is currently occupied by long-term tenants, providing consistent and established rental income. Conveniently located near schools, shopping, dining, and everyday amenities, with easy access to the 22 Freeway. Nearby destinations include H Mart, Business Costco, and Rodeo 39 Public Market. A strong opportunity for investors seeking a well-maintained income-producing property in a high-demand Garden Grove rental market.

8561 Gloria, Garden Grove
12501 Orrway Drive, Garden Grove
$1,595,000
CV26192690 MLS ⋅ Active Status
12501 Orrway is a four-unit multifamily investment property located in Garden Grove, California. The property features a desirable unit mix consisting of three two-bedroom units and one three-bedroom unit, providing broad appeal within the local rental market. Situated in a central Garden Grove neighborhood, the property offers convenient access to shopping, dining, recreation, and major employment centers throughout Orange County. Nearby destinations include Garden Grove Boulevard, Historic Main Street, Costco, Haster Basin Recreational Park, Garden Grove Park, and SteelCraft Garden Grove. Convenient access to State Route 22 and Interstate 5 also provides connectivity throughout Orange County and the greater Southern California region. The property presents a compelling value-add opportunity with potential upside through interior renovations, modernization, and rental optimization. Potential improvements may include updated kitchens and bathrooms, quartz countertops, shaker-style cabinetry, modern appliances, recessed lighting, luxury vinyl plank flooring, and contemporary fixtures and finishes. With its desirable unit mix, established Garden Grove location, access to nearby amenities, and renovation potential, 12501 Orrway offers an opportunity to increase rental income, improve cash flow, and enhance long-term asset value through a strategic improvement program.

12501 Orrway Drive, Garden Grove
12692 Keel Avenue, Garden Grove
$2,195,000
PW26175813 MLS ⋅ Active Status
NOTE: Big $200k Price Reduction!!!! Really Nice Investment opportunity with this mostly upgraded and well maintained 8 unit apartment complex. The building spans approx. 5050 Square Feet on a large 9718 Square Feet lot with interior courtyard and with entries at both the front and rear of the property. The units consist of 8 1-bed, 1-bath mostly upgraded units. There are 8 covered parking and a few uncovered off street parking. Has convenient community laundry facility at rear of the complex. Well located close to Freeways, shopping, restaurants, and the main streets of Harbor Blvd and Westminster Ave. Buyers to verify all information related to this listing during their inspection period.

12692 Keel Avenue, Garden Grove
13392 Magnolia, Garden Grove
$5,900,000
OC26166327 MLS ⋅ Active Status
13392 Magnolia Street is a 15-unit multifamily property in Garden Grove, California, offering a unique mix of apartments, townhomes, and single-family residences. The property underwent extensive capital improvements in 2022, including full renovations throughout the property and the addition of three newly constructed ADUs. The current unit mix includes five two-bedroom, one-bathroom apartments, eight two-bedroom, one-and-a-half-bathroom townhomes, one three-bedroom, two-bathroom home, and one four-bedroom, two-bathroom home, creating a variety of housing options that appeal to a broad tenant base. The original units have been renovated with dual-pane windows, granite countertops, shaker-style cabinetry, recessed lighting, vinyl plank flooring, stainless steel appliances, ceiling fans, and updated fixtures. The three ADUs were built with modern finishes, including quartz countertops, upgraded bathroom vanities, and mini split or central air conditioning. Additional amenities include a large shared courtyard, private patios or yards for select units, on-site laundry, and garage, tuck-under, and surface parking. The property is centrally located near many of Garden Grove's most popular retail and dining destinations, including Hanmi Plaza, the H Mart shopping center, and Little Saigon. Residents also benefit from nearby parks, schools, and convenient access to State Route 22, making travel throughout Orange and Los Angeles Counties easy. With its completed renovations, diverse unit mix, and desirable location, 13392 Magnolia Street presents a strong investment opportunity in one of Orange County's established rental markets.

13392 Magnolia, Garden Grove
10442 Lampson, Garden Grove
$11,450,000
OC26165842 MLS ⋅ Active Status
10442 Lampson Avenue is a 33-unit apartment community in Garden Grove, California, offering an all two-bedroom, one-bathroom unit mix. The property underwent extensive recent capital improvements in 2022. This includes full renovations of all original 900-square-foot units, and the addition of six newly constructed ADUs. Ownership has invested heavily in improving the property with interior upgrades consisting of shaker cabinets, quartz countertops, vinyl plank flooring, recessed lighting, stainless steel ranges with vent hoods, updated bathroom vanities, dual-pane windows, mini-split air conditioning, and modern fixtures. The result is a cohesive community with updated interiors across all 33 units. This combination of desirable floor plans, premium interior upgrades, and consistent unit mix attracts a broad tenant base seeking quality housing in a central Orange County location. The property also features controlled access with a call box, on-site laundry facilities, and a mix of garage, carport, and surface parking. Well-maintained landscaping and open courtyard areas provide an attractive environment for residents while offering future ownership the opportunity to further enhance the common areas. Combining spacious floor plans, recent significant capital improvements, and a desirable Garden Grove location, 10442 Lampson Avenue presents a strong long-term multifamily investment with stable tenant demand.

10442 Lampson, Garden Grove
10791 Palma Vista, Garden Grove
$3,995,000
OC26124924 MLS ⋅ Active Status
Rare 16-unit multifamily offering in prime central Garden Grove. Two adjacent, contiguous 8-unit buildings (10791 & 10811 Palma Vista Ave) sold together as a single package across APNs 089-651-06 and 089-651-07 — combined ~19,166 SF site, just west of Euclid between Katella and Orangewood, minutes from the 5 & 22 freeways, Disneyland, and the Garden Walk district. The two-story, wood-frame and stucco buildings were built in 1961 and feature spacious one-bedroom / one-bath units averaging approximately 625 SF, with ~10,048 SF total building area across both parcels. Each unit is separately metered for gas and electricity. The property offers 24 parking spaces (16 covered carports plus 8 uncovered) plus on-site coin-operated laundry. Strong value-add opportunity: in-place rents are below current market, with meaningful income upside on unit turnover, plus additional upside through utility cost recovery (water is master-metered). An excellent addition to any Orange County multifamily portfolio. Both parcels to be sold together; not available separately. Buyer to verify all units, square footage, rents, and information to their own satisfaction.

10791 Palma Vista, Garden Grove
9551 9561 Maureen Drive, Garden Grove
$5,095,000
OC26125729 MLS ⋅ Active Status
9551 - 9561 Maureen Drive is a 16-unit multifamily community located in Garden Grove, California. Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two buildings on one parcel, with community amenities including on-site laundry, a spacious central courtyard, and garage and surface parking. Parking is provided through 16 garage spaces and 2 surface spaces, offering ample parking options for residents. Ownership has completed several recent capital improvements and property upgrades, including SB-721 completion in October 2025, walkway decking replacement, gas line replacement at 9551, roof replacement, garage door installation, fascia repairs/repainting, electrical panel/subpanel upgrades, and select interior unit upgrades. These improvements address several exterior, structural, and building system items while helping reduce near-term capital expenditure exposure. Overall, 9551 - 9561 Maureen Drive offers a straightforward all two-bedroom unit mix, functional parking, a shared courtyard layout, and several completed capital improvements to major building systems. The completed improvements and remaining value-add opportunities position the property to benefit from future interior renovations, common-area enhancements, and operational efficiencies under new ownership.

9551 9561 Maureen Drive, Garden Grove
12582 Adelle Street, Garden Grove
$2,290,000
OC26119486 MLS ⋅ Active Status
SEE OFFERING MEMORANDUM IN SUPPLEMENTS. Rare pride-of-ownership 5-unit investment opportunity located in a highly desirable West Garden Grove neighborhood comprised primarily of single-family residences and smaller apartment communities. This established residential setting provides enduring resident demand and contributes to long-term investment appeal. Built in 1977, this property has been well maintained and thoughtfully improved over time. Recent capital improvements include a new roof installed over the rear building in 2024, a new water heater installed in 2025 and new electric panels installed in all units and the laundry room to satisfy insurance in 2025. The property currently generates gross annual income of $148,380. With desirable and diverse unit mix consisting of two 1-bedroom/1-bath units, two 2-bedroom/2-bath units, and one spacious 3-bedroom/2.5-bath townhouse style residence all demands can be met. Unit layouts are designed to maximize resident comfort and retention. The townhouse-style unit features private front and side yards, a rear patio and two side-by-side garages with automatic openers. Remaining residences each benefit from a dedicated one-car garage with an automatic opener, while two additional garages are currently leased for storage, providing supplemental income. The downstairs 1 bedrooms have private yards and patios while the 2 bedroom units have private balconies. Private outdoor areas, garages with openers, and a functional unit mix contribute to strong rental appeal. Ideally situated just over half a mile from Beach Boulevard, this property offers convenient access to a wide variety of shopping, dining, and entertainment options, as well as the 405 and 22 Freeways. Its location places residents within close proximity to major employment centers throughout Orange County, supporting continued demand for quality rental housing. From an operational standpoint, this asset benefits from a straightforward expense structure. Current operating expenses consist primarily of utilities, property taxes, insurance, landscaping, and professional management. Combined with excellent physical condition, an attractive residential setting, and a stable income stream, the property represents a turnkey investment opportunity well-suited for both private and exchange buyers seeking reliable cash flow in a high-demand Orange County rental market.

12582 Adelle Street, Garden Grove
13152 Pleasant, Garden Grove
$1,800,000
OC26085902 MLS ⋅ Active Status
Discover an exceptional investment opportunity with this charming 5-unit apartment community, perfect for those looking to build generational wealth. Spanning 4,018 square feet, the building is situated on a generous 8,125 square foot lot, offering ample space and possibilities. The property features a well-designed mixture of units to cater to various needs: two 1-bedroom, 1-bathroom units, two spacious 2-bedroom, 1-bathroom units, and one 2-bedroom, 2-bathroom unit. For added convenience, four of the units come with their own attached 1-car garage space, while the larger unit boasts two 1-car garage spaces, ensuring easy access and secure parking. Residents will appreciate the on-site laundry facilities, making daily living more convenient. Recent improvements include the installation of a new water line in 2022, along with notable renovations in Unit 3 featuring new flooring, fresh paint, and an updated kitchen countertop that elevates the living experience. What truly sets this property apart is its rare location — this is the only apartment complex situated within a single-family residential neighborhood, an incredibly important and unique feature that enhances its long-term desirability and investment appeal. The surrounding area offers a quieter residential atmosphere while still being conveniently close to parks, schools, and shops. This unique opportunity allows you to occupy one unit while generating rental income from the other four, maximizing your investment potential. Don’t miss the chance to secure this remarkable property!

13152 Pleasant, Garden Grove
12892 Adelle, Garden Grove
$1,500,000
OC25227505 MLS ⋅ Active Status
Great Income Producing Investment Opportunity! Garden Grove Triplex - (3) 2 Bedroom/1 Bathroom units. 3,123 Sqft Structure, 9,214 Sqft Lot. 6 Open Parking Spaces, 2 Single Car Garage. Separate Addresses, As Well As Separate Electric, Gas & Water Meters. Centrally Located In The Heart of Garden Grove, Near Freeways, Schools & Shopping. A $5552 Rental Income A Month, With Very Low Expenses. Please Do Not Disturb Tenants.

12892 Adelle, Garden Grove
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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