12905 Palm Street, Garden Grove, CA 92840

Local realty services provided by:ERA North Orange County Real Estate
12905 Palm Street,Garden Grove, CA 92840
$3,250,000
  • - Beds
  • - Baths
  • 7,387 sq. ft.
  • Multi-family
  • Active
Listed by: keaton quaack
Office: lyon stahl investment real estate, inc.
MLS#:SB25122939
Source:CRMLS

Price summary

  • Price:$3,250,000
  • Price per sq. ft.:$439.96

About this home

We are pleased to exclusively offer for sale this 12 Unit Multi-Family investment located in the strong rental market of Garden Grove. This offering is comprised of (2) adjacent parcels totaling 14,693 square feet positioned next to both the 22 and 5 freeways providing access to the entirety of Orange County and the entertainment and employment opportunities therein. In addition to the building’s excellent location, it has an outstanding unit mix consisting of (12) 1 Bed/1 Bath units. Further, the property been meticulously taken care of with many of the major electric and plumbing systems upgraded. Furthermore, the property offers ample parking with multiple carport and designated spaces. As it stands, the offering presents strong day one income with a current CAP Rate of 5.78% as well as a GRM of 11.37 and future upside with a pro forma CAP Rate of 7.15% and GRM of 9.77. Along these lines, the property features onsite washers and dryers bringing in extra $333 a month providing

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Home facts

  • Year built:1959
  • Listing ID #:SB25122939
  • Added:170 day(s) ago
  • Updated:November 20, 2025 at 02:18 PM

Rooms and interior

  • Living area:7,387 sq. ft.

Structure and exterior

  • Roof:Flat
  • Year built:1959
  • Building area:7,387 sq. ft.
  • Lot area:0.34 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Sewer Connected, Sewer Tap Paid

Finances and disclosures

  • Price:$3,250,000
  • Price per sq. ft.:$439.96
Based on information from California Regional Multiple Listing Service, Inc. as of November 20, 2025 . 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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