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

As a local broker, I 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 residential income property for sale

Residential income property in the Garden Grove market

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 me directly: 949-430-7500

Build Your Garden Grove Portfolio

Multifamily inventory in Garden Grove is often sold via pocket listings before ever hitting the MLS. Off-market access is the difference between finding a deal and watching someone else close it.

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.

Garden Grove Multi-Family Properties for Sale

$1,475,000
PW26159723 MLS ⋅ Active Status
Property located in high demand rental area. Great for investment or Owner to live in one and rent out other. Rent are very low due to long time tenants. Offer are subject to interior inspection.

13141 Monroe, Garden Grove
$2,050,000
DW26158737 MLS ⋅ Active Status
Welcome to this beautifully remodeled income-producing property 12812, 12814, & 12816 Louise. Featuring a duplex plus a newly added ADU, offering an exceptional opportunity for investors or owner occupants seeking additional rental income. Every unit has been thoughtfully renovated with modern finishes, creating stylish, comfortable, and move in ready living spaces. The property showcases updated kitchens with contemporary cabinetry, quartz countertops, upgraded appliances, remodeled bathrooms, new flooring, fresh interior and exterior paint, updated lighting, and numerous system improvements throughout. The newly constructed ADU provides added flexibility for multigenerational living, long-term rental income, or guest accommodations. Situated in a desirable Garden Grove neighborhood with convenient access to shopping, dining, schools, parks, and major freeways, this turnkey property is a rare opportunity to own a fully remodeled multi unit asset with three separate living spaces. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this exceptional property offers endless possibilities.

12812 Louise, Garden Grove
$1,600,000
PW26146108 MLS ⋅ Active Under Contract Status
Exceptional value-add 4-unit investment opportunity in the heart of Garden Grove! This well-located multifamily property features an attractive unit mix of (2) 3-bedroom/1.25-bath, (1) 2-bedroom/1-bath, and (1) 1-bedroom/1-bath units totaling approximately 4,517 square feet on a 9,982 square foot lot. The property has recently undergone a complete exterior repaint, enhancing curb appeal and minimizing immediate maintenance. One vacant and beautifully updated 1-bedroom/1-bath unit is move-in ready with new flooring, fresh interior paint, an updated kitchen with new countertops and appliances, a remodeled bathroom, and a private patio—providing an excellent opportunity for an owner-occupant or investor to immediately lease at market rent. Current in-place rents offer significant upside potential through natural tenant turnover, making this an attractive investment with long-term income growth. Additional features include 5 covered carport parking spaces, gated rear access, private patios, and an appealing low-maintenance exterior. Ideally situated near shopping, dining, schools, employment centers, and with convenient access to the 22, 5, 57, and 405 freeways, this is a rare opportunity to acquire a quality multifamily asset in one of Orange County’s strongest rental markets.

12741 Groveview, Garden Grove
$1,350,000
NP26141734 MLS ⋅ Active Status
Investors and owner-users take note. 13222 Century Blvd presents a rare opportunity in the heart of Garden Grove’s Civic Center Core area. Currently configured as a 2-unit duplex with a detached garage, this property offers strong existing utility with additional upside for a buyer looking to maximize long-term value. Situated on an approximately 0.21-acre lot, the property provides flexibility for future improvement, repositioning, or expansion. The detached garage may offer potential to be converted into an ADU, subject to City of Garden Grove approval, giving buyers the opportunity to explore added rental income or multi-generational living possibilities. Located near major streets, schools, shopping, dining, and everyday services, the property benefits from a central Garden Grove location with strong Orange County convenience. Whether you are looking to hold, improve, rent, or explore future development potential, 13222 Century Blvd is a compelling opportunity in an established and high-demand market. Buyer to verify square footage, zoning, permitted use, ADU feasibility, development potential, and all property details with the City of Garden Grove and appropriate professionals.

13222 Century Blvd, Garden Grove
$3,995,000
PW26139681 MLS ⋅ Active Status

8402 Larson, Garden Grove
$4,590,000
PW26131329 MLS ⋅ Active Status
We are pleased to present a turn key 8-unit asset located in West Garden Grove bordering Los Alamitos. This property consists of eight 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, central A/C, 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.

12122 12132 Bailey Avenue, 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
$5,150,000
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
$2,960,000
NP26125682 MLS ⋅ Active Status
Rare Investment Opportunity in Garden Grove! Situated on a prime corner lot in a low-density residential neighborhood, this 10-unit multifamily asset features exceptional curb appeal and a strong mix of studios and one-bedroom units. The property is in exceptional condition, boasting brand-new dual-pane vinyl windows across all units, with three units comprehensively renovated in 2026 to include new flooring, scraped ceilings, and updated kitchens and bathrooms. Investors will benefit from immediate stability alongside massive value-add potential, including an immediate 25% upside in current rental income. Additionally, the city has verbally approved the development of an 8-unit ADU structure within the current parking lot area, offering a clear path to adding significant value. Located in a highly desirable, high-demand rental submarket, tenants are just minutes away from popular local dining, shopping centers like the Outlets at Orange, and convenient commuter access to the 22 Freeway. Do not miss out on this turnkey Orange County asset with unmatched equity-building potential!

12221 Peacock Court, Garden Grove
$2,290,000
OC26119486 MLS ⋅ Active Status
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
$2,899,900
PW26118789 MLS ⋅ Active Status

13131 Magnolia, Garden Grove
$1,850,000
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
$2,100,000
DW26108474 MLS ⋅ Active Status
Exceptional investment opportunity in the heart of Garden Grove! This fully remodeled 4 unit property offers a rare combination of size, functionality, and income potential featuring a total of 17 bedrooms and 11 bathrooms across the complex. Each unit has been thoughtfully updated with modern finishes, upgraded interiors, and stylish improvements that make this property truly turnkey. The expansive lot includes an impressive 20 parking spaces, providing ample convenience for tenants and guests alike a rare feature for multifamily properties in the area. Ideally located near shopping, dining, schools, and major freeways, this property is perfect for investors seeking strong rental potential or owner users looking for a versatile income producing asset. Don’t miss the opportunity to own this beautifully upgraded multifamily property in a prime Orange County location!

12132 Haster, Garden Grove
$4,725,000
OC26091653 MLS ⋅ Active Status
9661 - 9671 Maureen Drive is a heavily renovated 12-unit multifamily community located in Garden Grove, California. Constructed in 1958 and extensively renovated in 2025, the property features a desirable unit mix of 12 two-bed/one-bath units across a combination of single-story buildings and a two-story structure with ground-level garages, offering units with no neighbors above or below. Ownership has completed a comprehensive renovation program across all units, with improvements ranging from upgraded flooring, fixtures, and fresh interior paint to fully renovated unit interiors. Multiple units have already achieved market-leading rents for comparable properties in the area, demonstrating strong in-place income. Currently, three units are vacant, providing immediate upside for a new owner to lease at market rents from day one or implement additional upgrades to further enhance rental income. The property sits on a 0.44-acre parcel and offers a strong parking ratio with 12 single-car garages and 4 surface spaces, along with on-site laundry, security doors, and a central courtyard that supports tenant appeal and retention. 9661 - 9671 Maureen Drive represents a compelling opportunity to acquire a renovated asset with proven rental performance and immediate income upside.

9661 9671 Maureen Drive, Garden Grove
$1,930,000
TR26042968 MLS ⋅ Active Status
Exceptional 8 -Bedroom, 4-Unit Investment Opportunity in the Heart of Orange County Welcome to 13391 Palm Street, a well-maintained four-unit multifamily property located in the highly desirable City of Garden Grove. Offering a strong combination of stable income, functional unit layouts, and recent capital improvements, this property presents an excellent opportunity for both seasoned investors and 1031 exchange buyers. The property features four spacious units with a desirable mix of floor plans. The front unit stands apart with its single-story layout, fireplace, 2 bedrooms, 2 bathrooms, and private outdoor spaces including a gated wraparound front patio and secluded rear patio. The two middle units each offer a popular two-story design with 2 bedrooms, 1.5 bathrooms, open-concept living areas, and private front and rear patios. The end unit provides additional privacy and the convenience of direct garage access from within the residence. Each unit includes two dedicated parking spaces, consisting of one covered and one uncovered space. Ownership has diligently maintained the property, including a recent full repipe, helping minimize future maintenance concerns and operating expenses. Ideally situated near major freeways, shopping, dining, employment centers, and Orange County's most sought-after attractions, this asset benefits from a highly accessible and desirable location that continues to attract long-term tenants. With established tenancy, strong rental demand, and pride of ownership throughout, 13391 Palm Street offers investors a rare opportunity to acquire a quality multifamily asset in one of Orange County's most resilient rental markets.

13391 Palm Street, Garden Grove
$1,924,900
PW26030946 MLS ⋅ Active Status
A very excellent property for savvy investors. Beautiful complex to add to your portfolio. Nice mix of "owner-unit" in front of 3 bedrooms and 2 baths. 2 units consist of 2 bedrooms and 2 bath, the 4th unit is above garages with 1 bedroom and 1 bath. All units are in very decent condition. 5 car garages in the back alley. Can't beat the​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌‌​​​‌‌‌​​​ location.

13291 Fletcher, Garden Grove
$3,295,000
OC26020095 MLS ⋅ Active Status
$600K Price Reduction, 6.0% Day One Cap Rate & current 12.4 GRM. 12571, 12575 & 12577 Kensington Lane are ten turnkey apartment units located in Garden Grove, California. Located near multiple retail and recreation options. 100% pride of ownership with over $750,000 in capital improvements completed in 2025. Freshly painted & new stucco. New electrical panels and wiring. Tastefully and exquisitely interior renovations. Walk score of 65 & strategically located just north of the 22 freeway between the 405 & 5 freeways. Two newly constructed 2-bedroom ADU's (2025). New exterior painting on existing 8-unit building, including concrete and stucco repairs. New landscaping and irrigation. Upgraded tandem parking in rear of building with new parking striping (16 total spaces). New cluster mailbox center. Upgraded property lighting with energy-efficient LED fixtures. Full remodeled kitchens in all units. All new stainless-steel appliances, new white shaker cabinetry throughout, premium quartz countertops. New sinks, faucets, and modern plumbing fixtures. New luxury vinyl plank flooring throughout (LVP). Fresh interior paint throughout all units & new trim and baseboards. New lighting and fans throughout & mini split systems installed in each unit. Stacked private washer/dryer units installed in each unit with upgraded plumbing lines (supply and/or drain).

12571 Kensington Lane, Garden Grove
$1,700,000
PW25253318 MLS ⋅ Active Status
12922 & 12932 Shackleford Lane - two adjacent properties must be sold together for $3,400,000 total, with each property offered at $1,700,000. Each property features 6 units, including 1 unit with 2 bedrooms and 1 bathroom and 5 units with 1 bedroom and 1 bathroom. Outdoor exteriors are newly painted. New outdoor stairs, All new indoor circuit breakers. All units are individually metered for Electricity and Gas. Four two-car Garages and 10 parking Spaces. Great long term value Tenants and upside rent potential for future development and growth. On-stie Coined Washer and Dryer machines for extra income. Close to School, supermarkets and much more.. Don’t miss out this good investment opportunity in a desirable location.

12932 Shackelford Ln, Garden Grove
$1,700,000
PW25253317 MLS ⋅ Active Status
12922 & 12932 Shackleford Lane - two adjacent properties must be sold together for $3,400,000 total, with each property offered at $1,700,000. Each property features 6 units, including 1 unit with 2 bedrooms and 1 bathroom and 5 units with 1 bedroom and 1 bathroom. Outdoor exteriors are newly painted. New outdoor stairs, All new indoor circuit breakers. All units are individually metered for Electricity and Gas. Four two-car Garages and 10 parking Spaces. Great long term value Tenants and upside rent potential for future development and growth. On-site Coined Washer and Dryer machines for extra income. Close to School, supermarkets and much more. Don’t miss out this good investment opportunity in a desirable location.

12922 Shackelford Ln, 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.