10802 Palma Vista Avenue, Garden Grove, CA 92840
- $2,395,000
- List Price
- $2,395,000
- Status
- ACTIVE
- MLS#
- OC25156174
- Year Built
- 1961
- Lot Size
- 9,611
- Acres
- 0.22
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Exceptional cash-flowing 8-unit apartment building in Garden Grove, delivering a strong 6.26% cap rate with immediate income and zero deferred maintenance. Every unit has been fully transformed with over-the-top, luxury-level renovations—including in-unit washer/dryers, quartz countertops, custom shaker cabinets, stainless steel appliances, new bathrooms, and designer finishes throughout. This turnkey property is 100% occupied and stabilized, offering an investor dependable income from day one. With no local rent control (only AB 1482), this is a rare, hassle-free opportunity to own a high-performing asset in a prime Orange County location.
/t.realgeeks.media/resize/140x/https://u.realgeeks.media/landmarkoc/landmarklogo.png)
Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $214,488
- Operating Expense
- 58200
Listing courtesy of Listing Agent: Pat Swanson (pat.swanson@streamrealty.com) from Listing Office: Pat Swanson.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.