Garden Grove Homes with Residential Income Property Type

Welcome to Garden Grove, California – a vibrant city nestled in the heart of Orange County, known for its rich history, diverse culture, and a welcoming community spirit. Located just a stone’s throw away from the stunning beaches of Southern California, Garden Grove offers a unique blend of suburban tranquility and urban convenience. With its lush parks, bustling shopping districts, and a variety of dining options, residents enjoy an enviable lifestyle that combines leisure and accessibility.

For those seeking investment opportunities, Garden Grove is a treasure trove of residential income properties. The city’s real estate market is thriving, with a range of homes that not only serve as comfortable residences but also as lucrative investment options. From charming duplexes to spacious multifamily units, these properties present an exciting opportunity for investors looking to generate consistent rental income. The demand for rental properties in this area is bolstered by its proximity to major employment centers, schools, and recreational facilities, making it an attractive choice for tenants.

Moreover, Garden Grove is known for its strong community ties and active neighborhood associations, ensuring that residents feel connected and supported. The annual Strawberry Festival and vibrant cultural events further enhance the city’s appeal, making it a delightful place to call home.

Whether you’re a seasoned investor or a first-time buyer, Garden Grove offers a wealth of possibilities. Explore the potential of residential income properties in this dynamic city and discover a community that truly embodies the California dream!

Newest Garden Grove Homes with Residential Income Property Type

$1,800,000

PW26203054 MLS ⋅ Active Status

13252 Verde Street offers an opportunity to acquire a well-positioned four-unit multifamily property in Garden Grove. Built in 1961, the property consists of approximately ±4,061 square feet situated on a ±10,077-square-foot lot. The unit mix features three 2-bedroom residences and one 3-bedroom residence, providing larger floor plans that appeal to a broad tenant base. The property also includes five garages, on-site laundry, patio, and deck areas, enhancing convenience and livability for residents.

13252 Verde Avenue, Garden Grove

$1,400,000

PW26202979 MLS ⋅ Active Status

9861 Acacia Avenue is a three-unit multifamily investment in Garden Grove offering a compact, well-located asset with clear rental upside. Built in 1961 on a 7,199 SF lot, the property totals 2,905 SF and is configured entirely as 2BR/1BA units — a tenant-friendly mix that supports stable occupancy. Parking is provided via three garages, and select units include patio and deck space along with on-site laundry.

9861 Acacia Avenue, Garden Grove

$3,400,000

PW26198182 MLS ⋅ Active Status

Don’t miss this rare, exceptional investment opportunity in a highly desirable location! 12922 & 12932 Shackleford Lane are two adjacent 6-unit income properties being offered together as a package deal for $3,400,000 ($1,700,000 per property). This well-maintained 12-unit portfolio features a highly desirable unit mix: each building offers one 2-bedroom/1-bathroom unit and five 1-bedroom/1-bathroom units. The properties boast excellent curb appeal with newly painted exteriors and brand-new outdoor stairs. Inside, all units have been upgraded with new circuit breakers, and each unit is individually metered for both gas and electricity to keep owner expenses low. Parking is abundant with four 2-car garages and 12 additional surface parking spaces. Additional highlights include an on-site, coin-operated laundry facility generating extra monthly income, and reliable, long-term value tenants currently in place. Conveniently located just minutes from local schools, supermarkets, and everyday amenities, this property offers significant upside rent potential and future development growth. A true pride-of-ownership asset for the savvy investor!

12922 Shackelford, Garden Grove

$1,799,000

OC26195226 MLS ⋅ Coming Soon Status

Back to the market - Exceptional 4-unit Investment Property in the Heart of Garden Grove. Outstanding investment opportunity featuring 4 units with long-term tenants, including Section 8. The property consists of a single-story front unit and 3 additional units in the rear (2 upstairs and 1 downstairs). 3 of the units showcase catheral ceilings, desinger tile flooring, air conditioning, and granite countertops in the kitchens. The 4th unit features tile and wood laminate flooring. All units include window coverings, spacious living rooms with fireplaces, dining areas, 2 bedrooms and 1.5 bathrooms. The front unit offers a private courtyard patio and a covered side patio, while the downstairs rear unit boasts an expansive grassy yard with its own patio. Additional amenities include 2 shared two-car garages with roll-up doors, 2 guest parking spaces, and ample street parking. The building also provides a shared driveway, covered courtyard, laundry facility, landscaped grassy area, and 24 hours security camera monitoring. Prime location! Conveniently situated near Beach Blvd and Garden Grove Blvd. Just minutes from Little Saigon and Koreatown. Easy access to major freeways, restaurants, churches, schools, Rodeo 39, Walmart, H-Mart, Home Depot, Costco and Costco Business.

12920 Sycamore Street, Garden Grove

$1,089,000

OC26189929 MLS ⋅ Active Under Contract Status

Excellent opportunity to own a well-located two-story duplex in Garden Grove. Built in 1972, the property offers approximately 1,980 square feet of combined living space with a total of four bedrooms and three bathrooms, situated on an approximately 7,550-square-foot lot with attached garage parking. Unit 1 features an updated kitchen with granite countertops and upgraded cabinetry, along with granite countertops in the bathrooms. Both units are currently occupied by long-term tenants on month-to-month rental agreements, providing immediate rental income with future flexibility. Conveniently located near schools, parks, shopping, dining, major freeways, and the Anaheim resort and entertainment district, this duplex presents an appealing combination of location, versatility, and income-producing potential.

10102 Orangewood Avenue, Garden Grove

$1,850,000

PW26192772 MLS ⋅ Active Status

Prime Garden Grove Multi-Unit Investment Opportunity Excellent opportunity to acquire a well-maintained multi-unit income property in a desirable Garden Grove neighborhood. The property offers approximately 4,140 square feet of living space with a total of nine bedrooms, providing strong rental appeal and long-term investment potential. Recent capital improvements include a new roof completed in 2024. Select units have also been updated with laminate flooring, a new stove, water heater, and heater. Each unit is separately metered for electricity, helping simplify utility management. Every unit includes its own private enclosed single-car garage, plus an additional enclosed garage available for owner use. The property is currently occupied by long-term tenants, providing consistent and established rental income. Conveniently located near schools, shopping, dining, and everyday amenities, with easy access to the 22 Freeway. Nearby destinations include H Mart, Business Costco, and Rodeo 39 Public Market. A strong opportunity for investors seeking a well-maintained income-producing property in a high-demand Garden Grove rental market.

8561 Gloria, Garden Grove

$1,750,000

CV26192690 MLS ⋅ Active Status

12501 Orrway is a four-unit multifamily investment property located in Garden Grove, California. The property features a desirable unit mix consisting of three two-bedroom units and one three-bedroom unit, providing broad appeal within the local rental market. Situated in a central Garden Grove neighborhood, the property offers convenient access to shopping, dining, recreation, and major employment centers throughout Orange County. Nearby destinations include Garden Grove Boulevard, Historic Main Street, Costco, Haster Basin Recreational Park, Garden Grove Park, and SteelCraft Garden Grove. Convenient access to State Route 22 and Interstate 5 also provides connectivity throughout Orange County and the greater Southern California region. The property presents a compelling value-add opportunity with potential upside through interior renovations, modernization, and rental optimization. Potential improvements may include updated kitchens and bathrooms, quartz countertops, shaker-style cabinetry, modern appliances, recessed lighting, luxury vinyl plank flooring, and contemporary fixtures and finishes. With its desirable unit mix, established Garden Grove location, access to nearby amenities, and renovation potential, 12501 Orrway offers an opportunity to increase rental income, improve cash flow, and enhance long-term asset value through a strategic improvement program.

12501 Orrway Drive, Garden Grove

$1,795,000

CV26191899 MLS ⋅ Active Status

13282 Fletcher Street is a four-unit multifamily investment property located in Garden Grove, California. The property features a desirable unit mix consisting of three two-bedroom units and one three-bedroom unit, providing broad appeal within the local rental market. Situated in a central Garden Grove location, the property offers convenient access to shopping, dining, entertainment, and major employment centers throughout Orange County. Nearby destinations include Garden Grove Boulevard, Historic Main Street, the GARDEN AMP, Disneyland, the Anaheim Convention Center, Little Saigon, Bella Terra, and The Outlets at Orange. Convenient access to State Route 22 also provides connectivity throughout Orange County and the greater Southern California region. The property presents a compelling value-add opportunity with potential upside through interior renovations, modernization, and rental optimization. Potential improvements may include updated kitchens and bathrooms, quartz countertops, shaker-style cabinetry, modern appliances, recessed lighting, luxury vinyl plank flooring, and contemporary fixtures and finishes. With its desirable unit mix, established Garden Grove location, and renovation potential, 13282 Fletcher Street offers an opportunity to increase rental income, improve cash flow, and enhance long-term asset value.

13272 Fletcher Street, Garden Grove

$1,795,000

CV26191857 MLS ⋅ Active Status

13282 Fletcher Street, Garden Grove

$2,395,000

PW26175813 MLS ⋅ Active Status

Really Nice Investment opportunity with this mostly upgraded and well maintained 8 unit apartment complex. The building spans approx. 5050 Square Feet on a large 9718 Square Feet lot with interior courtyard and with entries at both the front and rear of the property. The units consist of 8 1-bed, 1-bath mostly upgraded units. There are 8 covered parking and a few uncovered off street parking. Has convenient community laundry facility at rear of the complex. Well located close to Freeways, shopping, restaurants, and the main streets of Harbor Blvd and Westminster Ave. Buyers to verify all information related to this listing during their inspection period.

12692 Keel Avenue, Garden Grove

$6,350,000

OC26166327 MLS ⋅ Active Status

13392 Magnolia Street is a 15-unit multifamily property in Garden Grove, California, offering a unique mix of apartments, townhomes, and single-family residences. The property underwent extensive capital improvements in 2022, including full renovations throughout the property and the addition of three newly constructed ADUs. The current unit mix includes five two-bedroom, one-bathroom apartments, eight two-bedroom, one-and-a-half-bathroom townhomes, one three-bedroom, two-bathroom home, and one four-bedroom, two-bathroom home, creating a variety of housing options that appeal to a broad tenant base. The original units have been renovated with dual-pane windows, granite countertops, shaker-style cabinetry, recessed lighting, vinyl plank flooring, stainless steel appliances, ceiling fans, and updated fixtures. The three ADUs were built with modern finishes, including quartz countertops, upgraded bathroom vanities, and mini split or central air conditioning. Additional amenities include a large shared courtyard, private patios or yards for select units, on-site laundry, and garage, tuck-under, and surface parking. The property is centrally located near many of Garden Grove's most popular retail and dining destinations, including Hanmi Plaza, the H Mart shopping center, and Little Saigon. Residents also benefit from nearby parks, schools, and convenient access to State Route 22, making travel throughout Orange and Los Angeles Counties easy. With its completed renovations, diverse unit mix, and desirable location, 13392 Magnolia Street presents a strong investment opportunity in one of Orange County's established rental markets.

13392 Magnolia, Garden Grove

$12,000,000

OC26165842 MLS ⋅ Active Status

10442 Lampson Avenue is a 33-unit apartment community in Garden Grove, California, offering an all two-bedroom, one-bathroom unit mix. The property underwent extensive recent capital improvements in 2022. This includes full renovations of all original 900-square-foot units, and the addition of six newly constructed ADUs. Ownership has invested heavily in improving the property with interior upgrades consisting of shaker cabinets, quartz countertops, vinyl plank flooring, recessed lighting, stainless steel ranges with vent hoods, updated bathroom vanities, dual-pane windows, mini-split air conditioning, and modern fixtures. The result is a cohesive community with updated interiors across all 33 units. This combination of desirable floor plans, premium interior upgrades, and consistent unit mix attracts a broad tenant base seeking quality housing in a central Orange County location. The property also features controlled access with a call box, on-site laundry facilities, and a mix of garage, carport, and surface parking. Well-maintained landscaping and open courtyard areas provide an attractive environment for residents while offering future ownership the opportunity to further enhance the common areas. Combining spacious floor plans, recent significant capital improvements, and a desirable Garden Grove location, 10442 Lampson Avenue presents a strong long-term multifamily investment with stable tenant demand.

10442 Lampson, Garden Grove

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.