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
$2,845,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: randall mycorn
Office: r l m equities949-573-5309
MLS#:NP26125682
Source:CRMLS
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Price summary
- Price:$2,845,000
About this home
Rare Investment Opportunity in Garden Grove! Situated on a prime corner lot in a low-density residential neighborhood, this 10-unit multifamily asset features exceptional curb appeal and a strong mix of studios and one-bedroom units. The property is in exceptional condition, boasting brand-new dual-pane vinyl windows across all units, with three units comprehensively renovated in 2026 to include new flooring, scraped ceilings, and updated kitchens and bathrooms. Investors will benefit from immediate stability alongside massive value-add potential, including an immediate 25% upside in current rental income. Additionally, the city has verbally approved the development of an 8-unit ADU structure within the current parking lot area, offering a clear path to adding significant value. Located in a highly desirable, high-demand rental submarket, tenants are just minutes away from popular local dining, shopping centers like the Outlets at Orange, and convenient commuter access to the 22 Freeway. Do not miss out on this turnkey Orange County asset with unmatched equity-building potential!...
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Home facts
- Year built:1961
- Listing ID #:NP26125682
- Added:113 day(s) ago
- Updated:October 01, 2026 at 07:15 AM
Structure and exterior
- Year built:1961
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,845,000
Parking
- Total parking spaces:10
- Parking description:4 Carport Space(s)
- Carport spaces:4
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