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

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

$2,290,000
OC26119486 MLS Active Status
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

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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.