13391 Palm Street,Garden Grove, CA 92843
Garden Grove, CA 92843
Description
Exceptional 8 -Bedroom, 4-Unit Investment Opportunity in the Heart of Orange County Welcome to 13391 Palm Street, a well-maintained four-unit multifamily property located in the highly desirable City of Garden Grove. Offering a strong combination of stable income, functional unit layouts, and recent capital improvements, this property presents an excellent opportunity for both seasoned investors and 1031 exchange buyers. The property features four spacious units with a desirable mix of floor plans. The front unit stands apart with its single-story layout, fireplace, 2 bedrooms, 2 bathrooms, and private outdoor spaces including a gated wraparound front patio and secluded rear patio. The two middle units each offer a popular two-story design with 2 bedrooms, 1.5 bathrooms, open-concept living areas, and private front and rear patios. The end unit provides additional privacy and the convenience of direct garage access from within the residence. Each unit includes two dedicated parking spaces, consisting of one covered and one uncovered space. Ownership has diligently maintained the property, including a recent full repipe, helping minimize future maintenance concerns and operating expenses. Ideally situated near major freeways, shopping, dining, employment centers, and Orange County's most sought-after attractions, this asset benefits from a highly accessible and desirable location that continues to attract long-term tenants. With established tenancy, strong rental demand, and pride of ownership throughout, 13391 Palm Street offers investors a rare opportunity to acquire a quality multifamily asset in one of Orange County's most resilient rental markets.
Details
| MLS # | TR26042968 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 157 |
| Listing Provided By | A + Realty & Mortgage | Mark Parubrub |
Features
| SQ Feet | 4,492 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.18 |
Interior
| Cooling | None |
|---|---|
| Heating | Central, Fireplaces |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Two To Five Units Acre |
| Fencing | Chain Link |
Parking
| Parking Features | Assigned, Covered, Door Single, Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Garden Grove |
| Zip Code | 92843 |
| Area | 64 Garden Grove E of Euclid | W of Harbor |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,930,000 low | high Med: $2,099,000 sqft: 4,492 low | high Med: 2,174 $ / sqft: $430 low | high Med: $966 On site: 157 low | high Med: 18 | |
Market Activity 92843
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Garden Grove |
| Zip Code | 92843 |
| Area | 64 Garden Grove E of Euclid | W of Harbor |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,930,000 low | high Med: $2,099,000 sqft: 4,492 low | high Med: 2,174 $ / sqft: $430 low | high Med: $966 On site: 157 low | high Med: 18 | |