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9941 11th Street, Garden Grove
$1,842,643
OC26213340 MLS ⋅ Active Status
Exceptional Garden Grove fourplex situated on an expansive 9,583-square-foot lot, offering extensive recent improvements, spacious apartments, and a beautifully remodeled vacant unit. Built in 1978, this approximately 4,120-square-foot property features one 3-bedroom, 2-bath apartment and three 2-bedroom, 1-bath apartments, with each unit getting a one car garage + driveway parking and an on-site laundry room. The generous lot, attractive landscaping, freshly painted exterior, and new driveway create inviting curb appeal and a spacious setting. Significant improvements include a new roof in 2021, plus a new hot water heater, updated electrical systems for all four units, a new driveway, an automated sprinkler system, and exterior building paint in 2026. Upstairs Unit C has been completely remodeled with a new kitchen, bathrooms, flooring, and interior paint. Its bright, welcoming interior showcases white kitchen cabinetry, light-colored quartz countertops, recessed lighting, wood laminate luxury vinyl flooring, and stylish bathrooms with an illuminated mirrors. An expansive private balcony with newly waterproofed surfaces provides ample space for outdoor relaxation and entertaining. Both ground floor units have private back yards. Both upstair units have private balconies. Currently vacant, Unit C offers flexibility for an owner-occupant or an investor seeking to select a new tenant. Enjoy a convenient location near the vibrant shopping, dining, and cultural destinations of Little Saigon, including Asian Garden Mall, also known as Phuoc Loc Tho. Nearby Bolsa Avenue and Brookhurst Street offer an outstanding selection of Vietnamese restaurants, cafés, bakeries, specialty markets, and everyday services. Schools, Garden Grove Park, Mile Square Regional Park, and easy access to the 22 Freeway further enhance the location. With three occupied apartments, a freshly remodeled vacant unit, substantial building improvements, and a generous 9,583-square-foot lot, this property presents a compelling opportunity to establish or expand any Orange County real estate portfolio.

9941 11th Street, Garden Grove

13211 Nelson Street, Garden Grove
$4,400,000
20 Beds ⋅ 14 Baths ⋅ 26996381 MLS ⋅ Active Status
Ravenwood Arms presents a rare opportunity to acquire a 14 unit multifamily property in a highly desirable Orange County rental market. Ideally situated near major Southern California destinations, the property offers convenient access to Knott's Berry Farm, Disneyland Resort, shopping centers, restaurants, and everyday conveniences, supporting strong long-term rental demand. The property is centrally located with easy access to major freeways, including the 22, 405, 5, and 55, providing residents with convenient connectivity throughout Orange County and the greater Los Angeles area. The location also boasts a Walk Score of 81/100, with dining, groceries, shopping, and other daily necessities accessible on foot. Originally constructed in 1960, The Ravenwood Arms features an attractive unit mix consisting of six spacious 2 bedroom/1 bathroom apartments and eight 1 bedroom/1 bathroom units. Unit 1 (2Bd/1Ba), as listed on the rent roll, is expected to become vacant in December 2026. A potential market rent of $2,500 has been indicated for the unit. A key component of the investment opportunity is the property's significant rental upside. Current rents are approximately 38% below projected market rents, providing investors with an opportunity to increase rental income and grow property cash flow through the continued implementation of a value-add strategy. Each apartment is individually metered for electricity and gas, while water is master metered. Community amenities include a well-maintained swimming pool and a shared laundry room. The property has benefited from several recent capital improvements, including replacement of decking, stairs, and railings; newer doors and windows; and resealing of the blacktop parking area. The property provides 14 uncovered assigned parking spaces at the rear of the building along with ample nearby street parking. With its desirable Orange County location, functional unit mix, recent property improvements, and access to major employment and entertainment destinations, Ravenwood Arms offers an attractive opportunity for investors seeking a value-add strategy or a long-term multifamily hold.

13211 Nelson Street, Garden Grove

13392 Magnolia, Garden Grove
$5,900,000
OC26166327 MLS ⋅ Active Status
13392 Magnolia Street is a 15-unit multifamily property in Garden Grove, California, offering a unique mix of apartments, townhomes, and single-family residences. The property underwent extensive capital improvements in 2022, including full renovations throughout the property and the addition of three newly constructed ADUs. The current unit mix includes five two-bedroom, one-bathroom apartments, eight two-bedroom, one-and-a-half-bathroom townhomes, one three-bedroom, two-bathroom home, and one four-bedroom, two-bathroom home, creating a variety of housing options that appeal to a broad tenant base. The original units have been renovated with dual-pane windows, granite countertops, shaker-style cabinetry, recessed lighting, vinyl plank flooring, stainless steel appliances, ceiling fans, and updated fixtures. The three ADUs were built with modern finishes, including quartz countertops, upgraded bathroom vanities, and mini split or central air conditioning. Additional amenities include a large shared courtyard, private patios or yards for select units, on-site laundry, and garage, tuck-under, and surface parking. The property is centrally located near many of Garden Grove's most popular retail and dining destinations, including Hanmi Plaza, the H Mart shopping center, and Little Saigon. Residents also benefit from nearby parks, schools, and convenient access to State Route 22, making travel throughout Orange and Los Angeles Counties easy. With its completed renovations, diverse unit mix, and desirable location, 13392 Magnolia Street presents a strong investment opportunity in one of Orange County's established rental markets.

13392 Magnolia, Garden Grove

10442 Lampson, Garden Grove
$11,450,000
OC26165842 MLS ⋅ Active Status
10442 Lampson Avenue is a 33-unit apartment community in Garden Grove, California, offering an all two-bedroom, one-bathroom unit mix. The property underwent extensive recent capital improvements in 2022. This includes full renovations of all original 900-square-foot units, and the addition of six newly constructed ADUs. Ownership has invested heavily in improving the property with interior upgrades consisting of shaker cabinets, quartz countertops, vinyl plank flooring, recessed lighting, stainless steel ranges with vent hoods, updated bathroom vanities, dual-pane windows, mini-split air conditioning, and modern fixtures. The result is a cohesive community with updated interiors across all 33 units. This combination of desirable floor plans, premium interior upgrades, and consistent unit mix attracts a broad tenant base seeking quality housing in a central Orange County location. The property also features controlled access with a call box, on-site laundry facilities, and a mix of garage, carport, and surface parking. Well-maintained landscaping and open courtyard areas provide an attractive environment for residents while offering future ownership the opportunity to further enhance the common areas. Combining spacious floor plans, recent significant capital improvements, and a desirable Garden Grove location, 10442 Lampson Avenue presents a strong long-term multifamily investment with stable tenant demand.

10442 Lampson, Garden Grove

9551 9561 Maureen Drive, Garden Grove
$5,095,000
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

12582 Adelle Street, Garden Grove
$2,290,000
OC26119486 MLS ⋅ Active Status
SEE OFFERING MEMORANDUM IN SUPPLEMENTS. 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

13152 Pleasant, Garden Grove
$1,800,000
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

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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.

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