Ravenwood Arms presents a rare opportunity to acquire a 14 unit multifamily property in a highly desirable Orange County rental market. Ideally situated near major Southern California destinations, the property offers convenient access to Knott's Berry Farm, Disneyland Resort, shopping centers, restaurants, and everyday conveniences, supporting strong long-term rental demand. The property is centrally located with easy access to major freeways, including the 22, 405, 5, and 55, providing residents with convenient connectivity throughout Orange County and the greater Los Angeles area. The location also boasts a Walk Score of 81/100, with dining, groceries, shopping, and other daily necessities accessible on foot. Originally constructed in 1960, The Ravenwood Arms features an attractive unit mix consisting of six spacious 2 bedroom/1 bathroom apartments and eight 1 bedroom/1 bathroom units. Unit 1 (2Bd/1Ba), as listed on the rent roll, is expected to become vacant in December 2026. A potential market rent of $2,500 has been indicated for the unit. A key component of the investment opportunity is the property's significant rental upside. Current rents are approximately 38% below projected market rents, providing investors with an opportunity to increase rental income and grow property cash flow through the continued implementation of a value-add strategy. Each apartment is individually metered for electricity and gas, while water is master metered. Community amenities include a well-maintained swimming pool and a shared laundry room. The property has benefited from several recent capital improvements, including replacement of decking, stairs, and railings; newer doors and windows; and resealing of the blacktop parking area. The property provides 14 uncovered assigned parking spaces at the rear of the building along with ample nearby street parking. With its desirable Orange County location, functional unit mix, recent property improvements, and access to major employment and entertainment destinations, Ravenwood Arms offers an attractive opportunity for investors seeking a value-add strategy or a long-term multifamily hold.
We are pleased to present a turn key 4-unit asset located in West Garden Grove bordering Los Alamitos. This property consists of four fully renovated, townhome-style units - each spanning over 1000 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, and spacious private patios — all of which contribute to a condo-quality environment that attracts and retains quality tenants. This asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.
2 HOMES ON 1 LOT (3BR/3BA & 2BR/2BA total 2300 SQ FT); DRIVEWAY HAS 6 PARKING SPACES; LARGE BACK & FRONT YARD plus NICE GARAGE/LAUNDRY ROOM. Front House 1550 sq ft, 3 bedrooms (includes 1 master bedroom) + 3 bathrooms, separate family room, separate living room, kitchen with dining area central air, hardwood floor, clean, plenty of closet space, tile roof, front porch, Front yard has Palms, plants and pebble lawn Back house 750 sq ft permit completed 2023 2 Master bedrooms + 2 baths. front porch, inside laundry hookups, attic storage, mini split system, tile roof, Separate electric meter with solar system. Fruit trees & garden (longan, peach, bougainvillea) 6 parking spaces on driveways plus 1.5 garage, RV accessible with laundry hookups, cemented walkways and parking spaces throughout both houses.
13252 Verde Street offers an opportunity to acquire a well-positioned four-unit multifamily property in Garden Grove. Built in 1961, the property consists of approximately ±4,061 square feet situated on a ±10,077-square-foot lot. The unit mix features three 2-bedroom residences and one 3-bedroom residence, providing larger floor plans that appeal to a broad tenant base. The property also includes five garages, on-site laundry, patio, and deck areas, enhancing convenience and livability for residents.
9861 Acacia Avenue is a three-unit multifamily investment in Garden Grove offering a compact, well-located asset with clear rental upside. Built in 1961 on a 7,199 SF lot, the property totals 2,905 SF and is configured entirely as 2BR/1BA units — a tenant-friendly mix that supports stable occupancy. Parking is provided via three garages, and select units include patio and deck space along with on-site laundry.
Back to the market - Exceptional 4-unit Investment Property in the Heart of Garden Grove. Outstanding investment opportunity featuring 4 units with long-term tenants, including Section 8. The property consists of a single-story front unit and 3 additional units in the rear (2 upstairs and 1 downstairs). 3 of the units showcase catheral ceilings, desinger tile flooring, air conditioning, and granite countertops in the kitchens. The 4th unit features tile and wood laminate flooring. All units include window coverings, spacious living rooms with fireplaces, dining areas, 2 bedrooms and 1.5 bathrooms. The front unit offers a private courtyard patio and a covered side patio, while the downstairs rear unit boasts an expansive grassy yard with its own patio. Additional amenities include 2 shared two-car garages with roll-up doors, 2 guest parking spaces, and ample street parking. The building also provides a shared driveway, covered courtyard, laundry facility, landscaped grassy area, and 24 hours security camera monitoring. Prime location! Conveniently situated near Beach Blvd and Garden Grove Blvd. Just minutes from Little Saigon and Koreatown. Easy access to major freeways, restaurants, churches, schools, Rodeo 39, Walmart, H-Mart, Home Depot, Costco and Costco Business.
Prime Garden Grove Multi-Unit Investment Opportunity Excellent opportunity to acquire a well-maintained multi-unit income property in a desirable Garden Grove neighborhood. The property offers approximately 4,140 square feet of living space with a total of nine bedrooms, providing strong rental appeal and long-term investment potential. Recent capital improvements include a new roof completed in 2024. Select units have also been updated with laminate flooring, a new stove, water heater, and heater. Each unit is separately metered for electricity, helping simplify utility management. Every unit includes its own private enclosed single-car garage, plus an additional enclosed garage available for owner use. The property is currently occupied by long-term tenants, providing consistent and established rental income. Conveniently located near schools, shopping, dining, and everyday amenities, with easy access to the 22 Freeway. Nearby destinations include H Mart, Business Costco, and Rodeo 39 Public Market. A strong opportunity for investors seeking a well-maintained income-producing property in a high-demand Garden Grove rental market.
Don’t miss this rare, exceptional investment opportunity in a highly desirable location! 12922 & 12932 Shackleford Lane are two adjacent 6-unit income properties being offered together as a package deal for $3,400,000 ($1,700,000 per property). This well-maintained 12-unit portfolio features a highly desirable unit mix: each building offers one 2-bedroom/1-bathroom unit and five 1-bedroom/1-bathroom units. The properties boast excellent curb appeal with newly painted exteriors and brand-new outdoor stairs. Inside, all units have been upgraded with new circuit breakers, and each unit is individually metered for both gas and electricity to keep owner expenses low. Parking is abundant with four 2-car garages and 12 additional surface parking spaces. Additional highlights include an on-site, coin-operated laundry facility generating extra monthly income, and reliable, long-term value tenants currently in place. Conveniently located just minutes from local schools, supermarkets, and everyday amenities, this property offers significant upside rent potential and future development growth. A true pride-of-ownership asset for the savvy investor!
12501 Orrway is a four-unit multifamily investment property located in Garden Grove, California. The property features a desirable unit mix consisting of three two-bedroom units and one three-bedroom unit, providing broad appeal within the local rental market. Situated in a central Garden Grove neighborhood, the property offers convenient access to shopping, dining, recreation, and major employment centers throughout Orange County. Nearby destinations include Garden Grove Boulevard, Historic Main Street, Costco, Haster Basin Recreational Park, Garden Grove Park, and SteelCraft Garden Grove. Convenient access to State Route 22 and Interstate 5 also provides connectivity throughout Orange County and the greater Southern California region. The property presents a compelling value-add opportunity with potential upside through interior renovations, modernization, and rental optimization. Potential improvements may include updated kitchens and bathrooms, quartz countertops, shaker-style cabinetry, modern appliances, recessed lighting, luxury vinyl plank flooring, and contemporary fixtures and finishes. With its desirable unit mix, established Garden Grove location, access to nearby amenities, and renovation potential, 12501 Orrway offers an opportunity to increase rental income, improve cash flow, and enhance long-term asset value through a strategic improvement program.
13282 Fletcher Street is a four-unit multifamily investment property located in Garden Grove, California. The property features a desirable unit mix consisting of three two-bedroom units and one three-bedroom unit, providing broad appeal within the local rental market. Situated in a central Garden Grove location, the property offers convenient access to shopping, dining, entertainment, and major employment centers throughout Orange County. Nearby destinations include Garden Grove Boulevard, Historic Main Street, the GARDEN AMP, Disneyland, the Anaheim Convention Center, Little Saigon, Bella Terra, and The Outlets at Orange. Convenient access to State Route 22 also provides connectivity throughout Orange County and the greater Southern California region. The property presents a compelling value-add opportunity with potential upside through interior renovations, modernization, and rental optimization. Potential improvements may include updated kitchens and bathrooms, quartz countertops, shaker-style cabinetry, modern appliances, recessed lighting, luxury vinyl plank flooring, and contemporary fixtures and finishes. With its desirable unit mix, established Garden Grove location, and renovation potential, 13282 Fletcher Street offers an opportunity to increase rental income, improve cash flow, and enhance long-term asset value.
13282 Fletcher Street is a four-unit multifamily investment property located in Garden Grove, California. The property features a desirable unit mix consisting of three two-bedroom units and one three-bedroom unit, providing broad appeal within the local rental market. Situated in a central Garden Grove location, the property offers convenient access to shopping, dining, entertainment, and major employment centers throughout Orange County. Nearby destinations include Garden Grove Boulevard, Historic Main Street, the GARDEN AMP, Disneyland, the Anaheim Convention Center, Little Saigon, Bella Terra, and The Outlets at Orange. Convenient access to State Route 22 also provides connectivity throughout Orange County and the greater Southern California region. The property presents a compelling value-add opportunity with potential upside through interior renovations, modernization, and rental optimization. Potential improvements may include updated kitchens and bathrooms, quartz countertops, shaker-style cabinetry, modern appliances, recessed lighting, luxury vinyl plank flooring, and contemporary fixtures and finishes. With its desirable unit mix, established Garden Grove location, and renovation potential, 13282 Fletcher Street offers an opportunity to increase rental income, improve cash flow, and enhance long-term asset value.
Really Nice Investment opportunity with this mostly upgraded and well maintained 8 unit apartment complex. The building spans approx. 5050 Square Feet on a large 9718 Square Feet lot with interior courtyard and with entries at both the front and rear of the property. The units consist of 8 1-bed, 1-bath mostly upgraded units. There are 8 covered parking and a few uncovered off street parking. Has convenient community laundry facility at rear of the complex. Well located close to Freeways, shopping, restaurants, and the main streets of Harbor Blvd and Westminster Ave. Buyers to verify all information related to this listing during their inspection period.
13392 Magnolia Street is a 15-unit multifamily property in Garden Grove, California, offering a unique mix of apartments, townhomes, and single-family residences. The property underwent extensive capital improvements in 2022, including full renovations throughout the property and the addition of three newly constructed ADUs. The current unit mix includes five two-bedroom, one-bathroom apartments, eight two-bedroom, one-and-a-half-bathroom townhomes, one three-bedroom, two-bathroom home, and one four-bedroom, two-bathroom home, creating a variety of housing options that appeal to a broad tenant base. The original units have been renovated with dual-pane windows, granite countertops, shaker-style cabinetry, recessed lighting, vinyl plank flooring, stainless steel appliances, ceiling fans, and updated fixtures. The three ADUs were built with modern finishes, including quartz countertops, upgraded bathroom vanities, and mini split or central air conditioning. Additional amenities include a large shared courtyard, private patios or yards for select units, on-site laundry, and garage, tuck-under, and surface parking. The property is centrally located near many of Garden Grove's most popular retail and dining destinations, including Hanmi Plaza, the H Mart shopping center, and Little Saigon. Residents also benefit from nearby parks, schools, and convenient access to State Route 22, making travel throughout Orange and Los Angeles Counties easy. With its completed renovations, diverse unit mix, and desirable location, 13392 Magnolia Street presents a strong investment opportunity in one of Orange County's established rental markets.
10442 Lampson Avenue is a 33-unit apartment community in Garden Grove, California, offering an all two-bedroom, one-bathroom unit mix. The property underwent extensive recent capital improvements in 2022. This includes full renovations of all original 900-square-foot units, and the addition of six newly constructed ADUs. Ownership has invested heavily in improving the property with interior upgrades consisting of shaker cabinets, quartz countertops, vinyl plank flooring, recessed lighting, stainless steel ranges with vent hoods, updated bathroom vanities, dual-pane windows, mini-split air conditioning, and modern fixtures. The result is a cohesive community with updated interiors across all 33 units. This combination of desirable floor plans, premium interior upgrades, and consistent unit mix attracts a broad tenant base seeking quality housing in a central Orange County location. The property also features controlled access with a call box, on-site laundry facilities, and a mix of garage, carport, and surface parking. Well-maintained landscaping and open courtyard areas provide an attractive environment for residents while offering future ownership the opportunity to further enhance the common areas. Combining spacious floor plans, recent significant capital improvements, and a desirable Garden Grove location, 10442 Lampson Avenue presents a strong long-term multifamily investment with stable tenant demand.
Rare 16-unit multifamily offering in prime central Garden Grove. Two adjacent, contiguous 8-unit buildings (10791 & 10811 Palma Vista Ave) sold together as a single package across APNs 089-651-06 and 089-651-07 — combined ~19,166 SF site, just west of Euclid between Katella and Orangewood, minutes from the 5 & 22 freeways, Disneyland, and the Garden Walk district. The two-story, wood-frame and stucco buildings were built in 1961 and feature spacious one-bedroom / one-bath units averaging approximately 625 SF, with ~10,048 SF total building area across both parcels. Each unit is separately metered for gas and electricity. The property offers 24 parking spaces (16 covered carports plus 8 uncovered) plus on-site coin-operated laundry. Strong value-add opportunity: in-place rents are below current market, with meaningful income upside on unit turnover, plus additional upside through utility cost recovery (water is master-metered). An excellent addition to any Orange County multifamily portfolio. Both parcels to be sold together; not available separately. Buyer to verify all units, square footage, rents, and information to their own satisfaction.
9551 - 9561 Maureen Drive is a 16-unit multifamily community located in Garden Grove, California. Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two buildings on one parcel, with community amenities including on-site laundry, a spacious central courtyard, and garage and surface parking. Parking is provided through 16 garage spaces and 2 surface spaces, offering ample parking options for residents. Ownership has completed several recent capital improvements and property upgrades, including SB-721 completion in October 2025, walkway decking replacement, gas line replacement at 9551, roof replacement, garage door installation, fascia repairs/repainting, electrical panel/subpanel upgrades, and select interior unit upgrades. These improvements address several exterior, structural, and building system items while helping reduce near-term capital expenditure exposure. Overall, 9551 - 9561 Maureen Drive offers a straightforward all two-bedroom unit mix, functional parking, a shared courtyard layout, and several completed capital improvements to major building systems. The completed improvements and remaining value-add opportunities position the property to benefit from future interior renovations, common-area enhancements, and operational efficiencies under new ownership.
SEE OFFERING MEMORANDUM IN SUPPLEMENTS. Rare pride-of-ownership 5-unit investment opportunity located in a highly desirable West Garden Grove neighborhood comprised primarily of single-family residences and smaller apartment communities. This established residential setting provides enduring resident demand and contributes to long-term investment appeal. Built in 1977, this property has been well maintained and thoughtfully improved over time. Recent capital improvements include a new roof installed over the rear building in 2024, a new water heater installed in 2025 and new electric panels installed in all units and the laundry room to satisfy insurance in 2025. The property currently generates gross annual income of $148,380. With desirable and diverse unit mix consisting of two 1-bedroom/1-bath units, two 2-bedroom/2-bath units, and one spacious 3-bedroom/2.5-bath townhouse style residence all demands can be met. Unit layouts are designed to maximize resident comfort and retention. The townhouse-style unit features private front and side yards, a rear patio and two side-by-side garages with automatic openers. Remaining residences each benefit from a dedicated one-car garage with an automatic opener, while two additional garages are currently leased for storage, providing supplemental income. The downstairs 1 bedrooms have private yards and patios while the 2 bedroom units have private balconies. Private outdoor areas, garages with openers, and a functional unit mix contribute to strong rental appeal. Ideally situated just over half a mile from Beach Boulevard, this property offers convenient access to a wide variety of shopping, dining, and entertainment options, as well as the 405 and 22 Freeways. Its location places residents within close proximity to major employment centers throughout Orange County, supporting continued demand for quality rental housing. From an operational standpoint, this asset benefits from a straightforward expense structure. Current operating expenses consist primarily of utilities, property taxes, insurance, landscaping, and professional management. Combined with excellent physical condition, an attractive residential setting, and a stable income stream, the property represents a turnkey investment opportunity well-suited for both private and exchange buyers seeking reliable cash flow in a high-demand Orange County rental market.
9661 - 9671 Maureen Drive is a heavily renovated 12-unit multifamily community located in Garden Grove, California. Constructed in 1958 and extensively renovated in 2025, the property features a desirable unit mix of 12 two-bed/one-bath units across a combination of single-story buildings and a two-story structure with ground-level garages, offering units with no neighbors above or below. Ownership has completed a comprehensive renovation program across all units, with improvements ranging from upgraded flooring, fixtures, and fresh interior paint to fully renovated unit interiors. Multiple units have already achieved market-leading rents for comparable properties in the area, demonstrating strong in-place income. The property sits on a 0.44-acre parcel and offers a strong parking ratio with 12 single-car garages and 4 surface spaces, along with on-site laundry, security doors, and a central courtyard that supports tenant appeal and retention. 9661 - 9671 Maureen Drive represents a compelling opportunity to acquire a renovated asset with proven rental performance and immediate income upside.
Great Income Producing Investment Opportunity! Garden Grove Triplex - (3) 2 Bedroom/1 Bathroom units. 3,123 Sqft Structure, 9,214 Sqft Lot. 6 Open Parking Spaces, 2 Single Car Garage. Separate Addresses, As Well As Separate Electric, Gas & Water Meters. Centrally Located In The Heart of Garden Grove, Near Freeways, Schools & Shopping. A $5552 Rental Income A Month, With Very Low Expenses. Please Do Not Disturb Tenants.
Garden Grove is located in California. Garden Grove, California has a population of 172,708. Garden Grove is less family-centric than the surrounding county with 32.79% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Garden Grove, California is $78,046. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Garden Grove is 39.1 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 46.3 degrees. The average rainfall is approximately 13.3 inches per year, with 0 inches of snow per year.
