Description
Exceptional cash-flowing 8-unit apartment building in garden grove, delivering a strong 6.26% cap rate with immediate income and zero deferred maintenance. every unit has been fully transformed with over-the-top, luxury-level renovations—including in-unit washer/dryers, quartz countertops, custom shaker cabinets, stainless steel appliances, new bathrooms, and designer finishes throughout. this turnkey property is 100% occupied and stabilized, offering an investor dependable income from day one. with no local rent control (only ab 1482), this is a rare, hassle-free opportunity to own a high-performing asset in a prime orange county location.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
50411916
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Property Appliances: Dryer,Washer
-
Exterior Features
Building Information
- Year Built: 1961
- Building Area Total: 5,025
Pool Features
- None
Laundry Features
- Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Stacked
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2206
- Lot Size Source: Assessor
- Lot Size Square Feet: 9611
-
Listing Information
Listing Price Information
- Original List Price: 2,395,000
- Listing Contract Date: 2025-07-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 08965203
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 1340
- Directions: Major Cross Street is Lincoln and Katella
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Apartment
Building and Construction
- Property Age: 64
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Location: Ground
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/25/2025 @ 12:46
- MLS: OC25156174
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 5,025 sqft, 9,611 sized lot, and 0 parking. are nearby neighborhoods.