12905 Palm Street, Garden Grove, CA 92840
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
12905 Palm Street,Garden Grove, CA 92840
$3,250,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: keaton quaack
Office: lyon stahl investment real estate, inc.
MLS#:SB25122939
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,250,000
About this home
We are pleased to exclusively offer for sale this 12 Unit Multi-Family investment located in the strong rental market of Garden Grove. This offering is comprised of (2) adjacent parcels totaling 14,693 square feet positioned next to both the 22 and 5 freeways providing access to the entirety of Orange County and the entertainment and employment opportunities therein. In addition to the buildings excellent location, it has an outstanding unit mix consisting of (12) 1 Bed/1 Bath units. Further, the property been meticulously taken care of with many of the major electric and plumbing systems upgraded. Furthermore, the property offers ample parking with multiple carport and designated spaces. As it stands, the offering presents strong day one income with a current CAP Rate of 5.78% as well as a GRM of 11.37 and future upside with a pro forma CAP Rate of 7.15% and GRM of 9.77. Along these lines, the property features onsite washers and dryers bringing in extra $333 a month providing investors with a healthy stream of additional cash flow subject to occupancy. Investors also have the unique opportunity to capitalize on the adjacent lots to build ADUs and generate additional income upon acquisition. All in all, the buildings close proximity to Orange Countys top destinations and major employment hubs including Disneyland, the Anaheim Convention Center, Angel Stadium, and the Honda Center further drives future rental demand. This provides much optimism for continued rent growth and appreciation within the submarket in both the near and distant future, as housing demand and economic
Contact an agent
Home facts
- Listing ID #:SB25122939
- Added:174 day(s) ago
- Updated:November 24, 2025 at 02:55 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$3,250,000
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.New listings near 12905 Palm Street
- New
$1,800,000Active9 beds 8 baths13022 Casa Linda Lane, Garden Grove, CA 92844
MLS# OC25265138Listed by: REAL BROKER - New
$715,000Active3 beds 2 baths1,182 sq. ft.12231 Movius Drive, Garden Grove, CA 92840
MLS# PW25264106Listed by: WERE REAL ESTATE - New
$1,075,000Active3 beds 2 baths1,513 sq. ft.11142 Yana Dr, Garden Grove, CA 92841
MLS# IG25263333Listed by: PONCE & PONCE REALTY, INC - New
$1,275,000Active4 beds 2 baths1,459 sq. ft.6051 Santa Barbara, Garden Grove, CA 92845
MLS# PW25262960Listed by: EXP REALTY OF SOUTHERN CA, INC - New
$899,000Active3 beds 2 baths1,450 sq. ft.12621 Strathmore, Garden Grove, CA 92840
MLS# PW25264271Listed by: VILLA REAL ESTATE PARTNERS INC - New
$1,249,000Active3 beds 2 baths1,093 sq. ft.12621 Kathy Lane, Garden Grove, CA 92840
MLS# ML82027387Listed by: FOOTHILL ESTATES - New
$1,249,000Active3 beds 2 baths1,093 sq. ft.12621 Kathy Lane, Garden Grove, CA 92840
MLS# ML82027387Listed by: FOOTHILL ESTATES - New
$820,000Active3 beds 1 baths976 sq. ft.12501 Willowood, Garden Grove, CA 92840
MLS# SR25262817Listed by: GOTO REAL ESTATE SOLUTIONS - New
$1,200,000Active4 beds 3 baths1,560 sq. ft.11821 Easy Way, Garden Grove, CA 92840
MLS# PW25262832Listed by: SUPERIOR REAL ESTATE GROUP - New
$995,000Active3 beds 2 baths1,531 sq. ft.10961 Patricia Drive, Garden Grove, CA 92840
MLS# PW25260094Listed by: LIDO REAL ESTATE & INVESTMENTS
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.