12621 Louise Cir. #A-D, Garden Grove, CA 92841
Local realty services provided by:CENTURY 21 Village Realty
12621 Louise Cir. #A-D,Garden Grove, CA 92841
$1,999,900
- - Beds
- - Baths
- 3,835 sq. ft.
- Multi-family
- Active
Listed by: quynh nguyen
Office: future realty, inc.
MLS#:PW26043611
Source:CRMLS
Price summary
- Price:$1,999,900
- Price per sq. ft.:$521.49
About this home
Rare Turnkey Fourplex with Strong Cash Flow and Upside on a Quiet Cul-de-Sac
Situated on an oversized 11,400+ sq ft lot, this fully remodeled income property generates nearly $11,000 per month in rental income with an approximate 5% cap rate—an excellent opportunity for investors and 1031 exchange buyers seeking stable returns.
The property features a highly desirable and flexible unit mix with two downstairs and two upstairs units:
Downstairs: One 3-bedroom, 2-bath unit and One 1-bedroom, 1-bath unit
Upstairs: Two 2-bedroom, 2-bath units
All four units have been completely remodeled with new flooring, updated kitchens, double-paned windows, fresh interior paint and remodeled bathrooms, resulting in strong tenant demand, premium rents, and long-term, stable occupancy.
Extensive capital improvements enhance long-term value and reduce operating risk, including: new upgraded electrical panel, newer exterior paint, newer water heater, and five brand-new garage doors with openers.
Exceptional parking: 5 garages, 1 covered space, 6 on-site open spaces, plus ample street parking—an uncommon and highly valuable feature for multi-unit properties.
Located in a peaceful residential setting yet close to major freeways, shopping, and dining, this property combines turnkey condition, strong current income, and long-term appreciation potential in one of Garden Grove’s most in-demand rental markets.
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Home facts
- Year built:1976
- Listing ID #:PW26043611
- Added:1 day(s) ago
- Updated:March 03, 2026 at 04:30 PM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Gas Oven
- Living area:3,835 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1976
- Building area:3,835 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Back Yard
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,999,900
- Price per sq. ft.:$521.49
Features and amenities
- Amenities:Quartz Counters, Recessed Lighting
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