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Key Details
Sold Price $2,330,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25156174
Sold Date 10/21/25
HOA Y/N No
Year Built 1961
Lot Size 9,609 Sqft
Property Sub-Type Apartment
Property 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.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Appliance Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stacked
Exterior
Carport Spaces 8
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 11
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 08965203
Energy Description 2603.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Other
Special Listing Condition Standard
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Bought with Pat Swanson Pat Swanson
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