12621 Louise Cir., Garden Grove, CA 92841
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
12621 Louise Cir.,Garden Grove, CA 92841
$1,999,900
- 8 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: quynh nguyen
Office: future realty, inc.
MLS#:PW26043611
Source:San Diego MLS via CRMLS
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 ratean 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 openers. Exceptional parking: 5 garages, 1 covered space, 6 on-site open spaces, plus ample street parkingan uncommon and highly valuable feature for multi-unit properties. Located in a peaceful residential setting yet close to major freeways, shopping, and dining, this property combines turnkey condition, strong current income, and long-term appreciation potential in one of Garden Groves most in-demand rental markets.
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Home facts
- Listing ID #:PW26043611
- Added:6 day(s) ago
- Updated:March 10, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,999,900
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