N of Blsa, S of GGrv, E of Brookhrst, W of Ha (66) Homes with Residential Income Property Type

N of Blsa, S of GGrv, E of Brookhrst, W of Ha (66) Homes with Residential Income Property Type

Welcome to the vibrant community nestled in the heart of Orange County, California, where the charm of Garden Grove meets the allure of residential income properties. This exceptional region, bordered by the bustling neighborhoods of North of Bolsa Avenue, South of Garden Grove, East of Brookhurst, and West of Harbor Boulevard, offers a unique blend of suburban tranquility and urban convenience.

Garden Grove is renowned for its rich cultural tapestry, with an array of dining, shopping, and entertainment options just a stone's throw away. Residents enjoy easy access to beautiful parks, lively community events, and the iconic Disneyland Resort, making it an ideal location for families and investors alike.

For those seeking to invest in residential income properties, this area presents a wealth of opportunities. The market here is thriving, with a variety of multi-family homes and duplexes that not only provide a steady income stream but also the potential for long-term appreciation. Whether you’re a seasoned investor or a first-time buyer, the properties in this region are designed to meet diverse needs and lifestyles.

Imagine owning a charming duplex that allows you to live in one unit while renting out the other, or perhaps a triplex that maximizes your rental income potential. With a strong demand for rental housing in Garden Grove, your investment is poised for success.

Explore the possibilities in this dynamic area and discover how you can make your mark in the flourishing Garden Grove real estate market. Your dream of owning a residential income property is just a heartbeat away!

Newest N of Blsa, S of GGrv, E of Brookhrst, W of Ha (66) Homes with Residential Income Property Type

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

728 N Euclid Street, Santa Ana
$1,499,000
PW26164557 MLS ⋅ Active Status
Exceptional value-add opportunity! This duplex offers two homes on one lot, making it an ideal investment for those looking to renovate, increase value, and maximize rental income. Whether you choose to live in one home while updating and leasing the other, create a multi-generational living arrangement, or add to your investment portfolio, the possibilities are endless. The front residence at 726 Euclid offers approximately 1,139 square feet with 2 bedrooms, 2 bathrooms, and a spacious family room that could easily serve as a third bedroom, home office, or additional living area. The rear residence at 728 Euclid features approximately 1,200 square feet with 3 bedrooms, 2 bathrooms, plus a dedicated office that can function as a fourth bedroom. Both homes offer spacious floor plans, separate 2-car garages, and an excellent layout ready for your personal vision and improvements. With the right updates, this property presents tremendous upside for increased rental income and long-term appreciation. Conveniently located just minutes from the vibrant Little Saigon district, residents will enjoy easy access to renowned dining, shopping, entertainment, and major freeways. Properties with two detached homes on one lot are a rare find, and this one offers an outstanding opportunity for investors, owner-occupants, or buyers seeking flexible living options with significant upside. Bring your imagination and transform this property into a standout income-producing asset.

728 N Euclid Street, Santa Ana

13152 Pleasant, Garden Grove
$1,800,000
OC26085902 MLS ⋅ Active Status
Discover an exceptional investment opportunity with this charming 5-unit apartment community, perfect for those looking to build generational wealth. Spanning 4,018 square feet, the building is situated on a generous 8,125 square foot lot, offering ample space and possibilities. The property features a well-designed mixture of units to cater to various needs: two 1-bedroom, 1-bathroom units, two spacious 2-bedroom, 1-bathroom units, and one 2-bedroom, 2-bathroom unit. For added convenience, four of the units come with their own attached 1-car garage space, while the larger unit boasts two 1-car garage spaces, ensuring easy access and secure parking. Residents will appreciate the on-site laundry facilities, making daily living more convenient. Recent improvements include the installation of a new water line in 2022, along with notable renovations in Unit 3 featuring new flooring, fresh paint, and an updated kitchen countertop that elevates the living experience. What truly sets this property apart is its rare location — this is the only apartment complex situated within a single-family residential neighborhood, an incredibly important and unique feature that enhances its long-term desirability and investment appeal. The surrounding area offers a quieter residential atmosphere while still being conveniently close to parks, schools, and shops. This unique opportunity allows you to occupy one unit while generating rental income from the other four, maximizing your investment potential. Don’t miss the chance to secure this remarkable property!

13152 Pleasant, 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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