12621 Louise Cir., Garden Grove, CA 92841

Garden Grove
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
12621 Louise Cir.,Garden Grove, CA 92841
$1,999,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: quynh nguyen
Office: future realty, inc.
MLS#:PW26043611
Source:CAREIL

Price summary

  • Price:$1,999,900

About this home

Rare Turnkey Fourplex with Strong Cash Flow and Upside on a Quiet Cul-de-Sac Situated on an oversized 11,400+ sq ft lot, this fully remodeled income property generates nearly $11,000 per month in rental income with an approximate 5% cap rate—an excellent opportunity for investors and 1031 exchange buyers seeking stable returns. The property features a highly desirable and flexible unit mix with two downstairs and two upstairs units: Downstairs: One 3-bedroom, 2-bath unit and One 1-bedroom, 1-bath unit Upstairs: Two 2-bedroom, 2-bath units All four units have been completely remodeled with new flooring, updated kitchens, double-paned windows, fresh interior paint and remodeled bathrooms, resulting in strong tenant demand, premium rents, and long-term, stable occupancy. Extensive capital improvements enhance long-term value and reduce operating risk, including: new upgraded electrical panel, newer exterior paint, newer water heater, and five brand-new garage doors with...

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Home facts

  • Year built:1976
  • Listing ID #:PW26043611
  • Added:48 day(s) ago
  • Updated:March 09, 2026 at 04:33 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1976
  • Lot area:0.26 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,999,900

Features and amenities

  • Laundry features:Laundry Area, Washer/Dryer - Owned
  • Amenities:Double Pane Window(s)

Parking

  • Parking description:1 Cars Carport, Assigned Spaces, Carport(s), Garage
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