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Listed by Pat Swanson • Pat Swanson
$ 2,395,000
Est. payment /mo
Active
10802 Palma Vista Avenue Garden Grove, CA 92840
5,025 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,025 sqft
Price per Sqft $476
MLS Listing ID OC-25156174
Year Built 1961
Lot Size 9,611 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
Interior
Laundry Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer