12221 Peacock Court, Garden Grove, CA 92841

Garden Grove
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
12221 Peacock Court,Garden Grove, CA 92841
$2,960,000
  • - Beds
  • - Baths
  • 6,018 sq. ft.
  • Multi-family
  • Active
Listed by: randall mycorn
Office: r l m equities949-573-5309
MLS#:NP26125682
Source:CRMLS

Price summary

  • Price:$2,960,000
  • Price per sq. ft.:$491.86

About this home

Rare Investment Opportunity in Garden Grove! Situated on a prime corner lot in a low-density residential neighborhood, this 10-unit multifamily asset features exceptional curb appeal and a strong mix of studios and one-bedroom units. The property is in exceptional condition, boasting brand-new dual-pane vinyl windows across all units, with three units comprehensively renovated in 2026 to include new flooring, scraped ceilings, and updated kitchens and bathrooms. Investors will benefit from immediate stability alongside massive value-add potential, including an immediate 25% upside in current rental income. Additionally, the city has verbally approved the development of an 8-unit ADU structure within the current parking lot area, offering a clear path to adding significant value. Located in a highly desirable, high-demand rental submarket, tenants are just minutes away from popular local dining, shopping centers like the Outlets at Orange, and convenient commuter access to the 22...

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Home facts

  • Year built:1961
  • Listing ID #:NP26125682
  • Added:1 day(s) ago
  • Updated:June 10, 2026 at 11:28 AM

Rooms and interior

  • Living area:6,018 sq. ft.

Structure and exterior

  • Year built:1961
  • Building area:6,018 sq. ft.
  • Lot area:0.26 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,960,000
  • Price per sq. ft.:$491.86

Parking

  • Total parking spaces:10
  • Parking description:4 Carport Space(s)
  • Carport spaces:4
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