Garden Grove S of Chapman, W of Euclid (63) Homes with Residential Income Property Type

Welcome to the vibrant neighborhood of Garden Grove, nestled in the heart of Orange County, California. Specifically situated south of Chapman Avenue and west of Euclid Street, this charming area offers a delightful blend of suburban tranquility and urban convenience. Known for its rich cultural diversity and welcoming community, Garden Grove is a hidden gem that provides a unique living experience for families, young professionals, and investors alike.

One of the standout features of this region is the opportunity for residential income properties. With a variety of homes that cater to both single-family living and multi-unit investments, the potential for generating rental income is abundant. Whether you are looking to invest in a duplex, triplex, or a single-family home with rental potential, Garden Grove offers a range of options that can suit your financial goals. The demand for rental properties in this area is robust, driven by the proximity to major employment centers, schools, and recreational facilities.

Residents of Garden Grove enjoy easy access to a plethora of amenities, including parks, shopping centers, and dining options that reflect the area’s rich cultural tapestry. The neighborhood is also well-connected to major freeways, making commuting a breeze.

In addition to its strategic location and investment potential, Garden Grove boasts a strong sense of community, making it an ideal place to call home. Whether you’re looking to invest or settle down, this dynamic neighborhood is ready to welcome you with open arms. Discover the possibilities that await in Garden Grove today!

Newest Garden Grove S of Chapman, W of Euclid (63) Homes with Residential Income Property Type

$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

$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

$2,290,000

OC26119486 MLS ⋅ Active Status

SEE OFFERING MEMORANDUM IN SUPPLEMENTS. Rare pride-of-ownership 5-unit investment opportunity located in a highly desirable West Garden Grove neighborhood comprised primarily of single-family residences and smaller apartment communities. This established residential setting provides enduring resident demand and contributes to long-term investment appeal. Built in 1977, this property has been well maintained and thoughtfully improved over time. Recent capital improvements include a new roof installed over the rear building in 2024, a new water heater installed in 2025 and new electric panels installed in all units and the laundry room to satisfy insurance in 2025. The property currently generates gross annual income of $148,380. With desirable and diverse unit mix consisting of two 1-bedroom/1-bath units, two 2-bedroom/2-bath units, and one spacious 3-bedroom/2.5-bath townhouse style residence all demands can be met. Unit layouts are designed to maximize resident comfort and retention. The townhouse-style unit features private front and side yards, a rear patio and two side-by-side garages with automatic openers. Remaining residences each benefit from a dedicated one-car garage with an automatic opener, while two additional garages are currently leased for storage, providing supplemental income. The downstairs 1 bedrooms have private yards and patios while the 2 bedroom units have private balconies. Private outdoor areas, garages with openers, and a functional unit mix contribute to strong rental appeal. Ideally situated just over half a mile from Beach Boulevard, this property offers convenient access to a wide variety of shopping, dining, and entertainment options, as well as the 405 and 22 Freeways. Its location places residents within close proximity to major employment centers throughout Orange County, supporting continued demand for quality rental housing. From an operational standpoint, this asset benefits from a straightforward expense structure. Current operating expenses consist primarily of utilities, property taxes, insurance, landscaping, and professional management. Combined with excellent physical condition, an attractive residential setting, and a stable income stream, the property represents a turnkey investment opportunity well-suited for both private and exchange buyers seeking reliable cash flow in a high-demand Orange County rental market.

12582 Adelle Street, Garden Grove

$2,889,900

PW26118789 MLS ⋅ Active Status

13131 Magnolia, Garden Grove

$1,914,900

PW26030946 MLS ⋅ Active Status

A very excellent property for savvy investors. Beautiful complex to add to your portfolio. Nice mix of "owner-unit" in front of 3 bedrooms and 2 baths. 2 units consist of 2 bedrooms and 2 bath, the 4th unit is above garages with 1 bedroom and 1 bath. All units are in very decent condition. 5 car garages in the back alley. Can't beat the‌‌‌‌‌‌‌‌‌‌‌‌‌ location.

13291 Fletcher, 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.