Garden Grove Homes with Residential Income Property Type

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

12905 Palm, Garden Grove
$3,350,000
OC26225141 MLS ⋅ Active Status
12-unit multifamily property located at 12905 and 12921 Palm Street in Garden Grove, California. The property consists of 12 residential units, each features one bedroom and one bathroom, spread across two parcels. It features on-site parking and a community laundry area, and is conveniently located across the street from Garden Grove Hospital Medical Center and approximately 5 minutes from The Disneyland Resort. The property also offers access to nearby shopping, dining, major streets, and other local amenities.

12905 Palm, Garden Grove
10002 Dakota, Garden Grove
$950,000
PW26211327 MLS ⋅ Active Status
Great opportunity to own a duplex with two separate addresses (10002 & 10006) in the heart of Garden Grove! Each unit features 2 bedrooms, 1 bathroom, and a bonus room. Unit 2 also includes an additional bathroom. The property offers parking for up to six cars, including a two-car carport and four driveway parking spaces, two separate gas meters, two separate electric meters, and one shared water meter. One unit is currently tenant-occupied, while the other is vacant, offering flexibility for an owner-user or investor. Conveniently located near schools, supermarkets, restaurants, parks, and with easy access to freeways. Property is being sold in AS-IS condition. Don’t miss this great investment opportunity!

10002 Dakota, Garden Grove
9941 11th Street, Garden Grove
$1,842,643
OC26213340 MLS ⋅ Active Status
Exceptional Garden Grove fourplex situated on an expansive 9,583-square-foot lot, offering extensive recent improvements, spacious apartments, and a beautifully remodeled vacant unit. Built in 1978, this approximately 4,120-square-foot property features one 3-bedroom, 2-bath apartment and three 2-bedroom, 1-bath apartments, with each unit getting a one car garage + driveway parking and an on-site laundry room. The generous lot, attractive landscaping, freshly painted exterior, and new driveway create inviting curb appeal and a spacious setting. Significant improvements include a new roof in 2021, plus a new hot water heater, updated electrical systems for all four units, a new driveway, an automated sprinkler system, and exterior building paint in 2026. Upstairs Unit C has been completely remodeled with a new kitchen, bathrooms, flooring, and interior paint. Its bright, welcoming interior showcases white kitchen cabinetry, light-colored quartz countertops, recessed lighting, wood laminate luxury vinyl flooring, and stylish bathrooms with an illuminated mirrors. An expansive private balcony with newly waterproofed surfaces provides ample space for outdoor relaxation and entertaining. Both ground floor units have private back yards. Both upstair units have private balconies. Currently vacant, Unit C offers flexibility for an owner-occupant or an investor seeking to select a new tenant. Enjoy a convenient location near the vibrant shopping, dining, and cultural destinations of Little Saigon, including Asian Garden Mall, also known as Phuoc Loc Tho. Nearby Bolsa Avenue and Brookhurst Street offer an outstanding selection of Vietnamese restaurants, cafés, bakeries, specialty markets, and everyday services. Schools, Garden Grove Park, Mile Square Regional Park, and easy access to the 22 Freeway further enhance the location. With three occupied apartments, a freshly remodeled vacant unit, substantial building improvements, and a generous 9,583-square-foot lot, this property presents a compelling opportunity to establish or expand any Orange County real estate portfolio.

9941 11th Street, Garden Grove
13211 Nelson Street, Garden Grove
$4,400,000
20 Beds ⋅ 14 Baths ⋅ 26996381 MLS ⋅ Active Status
Ravenwood Arms presents a rare opportunity to acquire a 14 unit multifamily property in a highly desirable Orange County rental market. Ideally situated near major Southern California destinations, the property offers convenient access to Knott's Berry Farm, Disneyland Resort, shopping centers, restaurants, and everyday conveniences, supporting strong long-term rental demand. The property is centrally located with easy access to major freeways, including the 22, 405, 5, and 55, providing residents with convenient connectivity throughout Orange County and the greater Los Angeles area. The location also boasts a Walk Score of 81/100, with dining, groceries, shopping, and other daily necessities accessible on foot. Originally constructed in 1960, The Ravenwood Arms features an attractive unit mix consisting of six spacious 2 bedroom/1 bathroom apartments and eight 1 bedroom/1 bathroom units. Unit 1 (2Bd/1Ba), as listed on the rent roll, is expected to become vacant in December 2026. A potential market rent of $2,500 has been indicated for the unit. A key component of the investment opportunity is the property's significant rental upside. Current rents are approximately 38% below projected market rents, providing investors with an opportunity to increase rental income and grow property cash flow through the continued implementation of a value-add strategy. Each apartment is individually metered for electricity and gas, while water is master metered. Community amenities include a well-maintained swimming pool and a shared laundry room. The property has benefited from several recent capital improvements, including replacement of decking, stairs, and railings; newer doors and windows; and resealing of the blacktop parking area. The property provides 14 uncovered assigned parking spaces at the rear of the building along with ample nearby street parking. With its desirable Orange County location, functional unit mix, recent property improvements, and access to major employment and entertainment destinations, Ravenwood Arms offers an attractive opportunity for investors seeking a value-add strategy or a long-term multifamily hold.

13211 Nelson Street, Garden Grove
12132 Bailey, Garden Grove
$2,145,000
PW26215299 MLS ⋅ Active Status
We are pleased to present a turn key 4-unit asset located in West Garden Grove bordering Los Alamitos. This property consists of four fully renovated, townhome-style units - each spanning over 1000 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, and spacious private patios — all of which contribute to a condo-quality environment that attracts and retains quality tenants. This asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.

12132 Bailey, Garden Grove
13252 Verde Avenue, Garden Grove
$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
9861 Acacia Avenue, Garden Grove
$1,325,000
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
12922 Shackelford, 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
12920 Sycamore Street, Garden Grove
$1,799,000
OC26195226 MLS ⋅ Active 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
8561 Gloria, 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
12501 Orrway Drive, Garden Grove
$1,595,000
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
12692 Keel Avenue, Garden Grove
$2,195,000
PW26175813 MLS ⋅ Active Status
NOTE: Big $200k Price Reduction!!!! 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
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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.

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