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Listed by Pat Swanson • Pat Swanson
$2,395,000
Est. payment /mo
5,025 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,025 sqft
Price per Sqft $476
MLS Listing ID CROC25156174
HOA Y/N No
Year Built 1961
Lot Size 9,611 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Appliance Dryer
Laundry Dryer, Gas Dryer Hookup, Washer, Other, Inside
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613