12741 Groveview, Garden Grove, CA 92840
List Price: $1.6M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1962
Lot Size: 9,982 sq ft
Private Pool: Yes
MLS Number: PW26146108
About This Property
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.
Listing provided by: Juan Huizar DRE #01417642 562-400-7622 juan@sageregroup.com, Sage Real Estate Group, Inc.
Source: CRMLS, MLS #: PW26146108