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12905 Palm Street, Garden Grove, CA 92840

Garden Grove
Local realty services provided by:CENTURY 21 Discovery
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 $288,000, 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...

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Home facts

  • Year built:1959
  • Listing ID #:RS26081589
  • Added:3 day(s) ago
  • Updated:April 19, 2026 at 10:34 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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