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:SANDICOR

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

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Home facts

  • Listing Id #:SB25122939
  • Added:76 day(s) ago
  • Updated:August 18, 2025 at 02:48 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,250,000
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