12221 Peacock Court, Garden Grove, CA 92841

Local realty services provided by:ERA North Orange County Real Estate
12221 Peacock Court,Garden Grove, CA 92841
$2,300,000
  • 8 Beds
  • 10 Baths
  • 6,018 sq. ft.
  • Multi-family
  • Active
Listed by: anisa abji, eric sackler
Office: coldwell banker realty
MLS#:26634525
Source:CRMLS

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$382.19

About this home

12221 Peacock Ct presents a compelling opportunity to acquire a 10-unit multifamily asset in the heart of Garden Grove. Offered at $2,300,000, the property is priced at $382.19 per square foot and $230,000 per unit, positioning it competitively within the Orange County multifamily market. The asset offers a stable in-place cash flow with clear value-add potential through renovations that can drive higher rental income. At current operations, the property is offered at a 4.73% CAP rate with a 12.00 GRM, while the proforma CAP rate improves to 4.83% with a proforma GRM of 11.85, reflecting achievable income growth through unit upgrades and operational enhancements. These metrics highlight the property's ability to deliver consistent returns in a high-demand rental submarket. Constructed in 1961, the two-story building spans 6,018 square feet on an oversized 11,292 square-foot lot, zoned R-3, allowing for strong long-term value preservation. Situated on a desirable corner lot and

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Home facts

  • Year built:1961
  • Listing ID #:26634525
  • Added:5 day(s) ago
  • Updated:January 12, 2026 at 09:27 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:10
  • Living area:6,018 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1961
  • Building area:6,018 sq. ft.
  • Lot area:0.26 Acres

Finances and disclosures

  • Price:$2,300,000
  • Price per sq. ft.:$382.19
Based on information from California Regional Multiple Listing Service, Inc. as of January 18, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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