12905 Palm Street, Garden Grove, CA 92840
Local realty services provided by:CENTURY 21 Adams & Barnes
12905 Palm Street,Garden Grove, CA 92840
$3,400,000
- - Beds
- - Baths
- 7,387 sq. ft.
- Multi-family
- Active
Listed by: tony lopez, samantha haase
Office: coldwell banker envision562-860-2443
MLS#:RS26081589
Source:CRMLS
Price summary
- Price:$3,400,000
- Price per sq. ft.:$460.27
About this home
RARE 12-UNIT DUAL-PARCEL INCOME OPPORTUNITY | GARDEN GROVE. Seize a once-in-a-cycle opportunity to acquire a 12-unit, dual-parcel income-generating portfolio in the heart of Orange County. 12905 & 12921 Palm Street are being offered together, delivering a strong and stable residential income stream in one of the region’s most resilient investment corridors. Located in the established rental market of Garden Grove, the property features twelve (12) well-positioned units, each configured as 1-bedroom, 1-bathroom apartments, ideal for consistent tenant demand and long-term occupancy stability. The asset is currently producing a combined annual gross income of approximately $287,880, offering investors immediate cash flow with potential for future upside. This opportunity is perfectly suited for 1031 exchange buyers seeking a time-sensitive, exchange-ready asset (seller has documented exchange intent and an SXA on file). Investors looking to secure a stabilized multi-unit property with high in-place income. Buyers seeking long-term appreciation in a high-demand Orange County rental market. The dual-APN structure enhances flexibility for portfolio diversification, financing strategies, or future repositioning. A flexible close-of-escrow timeline provides added convenience for exchange buyers, while a buyer-friendly concession approach creates an attractive entry point. With consistent rental demand, limited comparable inventory, and proven income performance, this property represents a rare chance to secure a high-yield, multi-unit investment in a prime location. Opportunities like this are rarely available: 12 units, dual parcels, and high income in one offering. Contact the listing agent for full financials, rent roll, and parcel breakdown....
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Home facts
- Year built:1959
- Listing ID #:RS26081589
- Added:37 day(s) ago
- Updated:May 23, 2026 at 10:40 AM
Rooms and interior
- Kitchen Description:Gas Oven
- Living area:7,387 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Shingle
- Year built:1959
- Building area:7,387 sq. ft.
- Lot area:0.34 Acres
- Lot Features:No Landscaping
- Architectural Style:Modern
- Construction Materials:Block, Drywall, Frame
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,400,000
- Price per sq. ft.:$460.27
Features and amenities
- Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans
Parking
- Total parking spaces:13
- Parking description:12 Carport Space(s), Assigned, Carport
- Garage:Yes
- Garage spaces:1
- Carport spaces:12
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