Exceptional cash-flowing 8-unit apartment building in Garden Grove, delivering a strong 6.26% cap rate with immediate income and zero deferred maintenance. Every unit has been fully transformed with over-the-top, luxury-level renovations—including in-unit washer/dryers, quartz countertops, custom shaker cabinets, stainless steel appliances, new bathrooms, and designer finishes throughout. This turnkey property is 100% occupied and stabilized, offering an investor dependable income from day one. With no local rent control (only AB 1482), this is a rare, hassle-free opportunity to own a high-performing asset in a prime Orange County location.
Property Details
Price:
$2,395,000
MLS #:
OC25156174
Status:
Active
Baths:
0
Address:
10802 Palma Vista Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Garden Grove
Listed Date:
Jul 11, 2025
State:
CA
ZIP:
92840
Lot Size:
9,611 sqft / 0.22 acres (approx)
Year Built:
1961
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre
Parking Spots
11.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address10802 Palma Vista Avenue Garden Grove CA
- Area699 – Not Defined
- CityGarden Grove
- CountyOrange
- Zip Code92840
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Courtesy of Pat Swanson. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.10802 Palma Vista Avenue
Garden Grove, CA
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