10442 Lampson Ave Garden Grove, CA 92840
Estimated payment $78,150/month
Highlights
- 0.93 Acre Lot
- No HOA
- Level Lot
- Ethel M. Evans Elementary School Rated A
- Laundry Room
About This Home
10442 Lampson Avenue is a 33-unit multifamily community located in Garden Grove, California. Originally built as a 27-unit property, the asset was expanded in 2023 with the addition of six newly constructed accessory dwelling units (ADU), bringing the total to 33 two-bedroom, one-bathroom units. This desirable unit mix appeals broadly to couples, families, and professionals seeking functional layouts in a central Orange County location. The community has benefited from extensive interior renovations, with all of the original units upgraded to include contemporary finishes such as recessed lighting, quartz countertops, shaker-style cabinetry, vinyl flooring, stainless steel ranges with vent hoods, and modern bathroom vanities. Modern ceiling fans, faucets, and fixtures add both style and efficiency to the unit. The six newly built ADUs were designed with similar attention to detail, featuring dual-pane windows, mini-split air conditioning units, mirrored closet doors, quartz countertops, recessed lighting, and matching cabinetry and flooring, ensuring consistency throughout the property. Residents enjoy controlled access with a call box, on-site laundry facilities, and a variety of parking options including carport, garage, and surface spaces. The property is framed by attractive landscaping, and its spacious courtyards present future ownership with the opportunity to enhance common area utilization and add further resident amenities. 10442 Lampson Avenue represents a rare opportunity to acquire a renovated and recently expanded multifamily community in a supply-constrained market. With its consistent two-bedroom unit mix, upgraded interiors, and strategic Garden Grove location, the property offers durable tenant appeal and long-term investment stability.
Listing Agent
Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 09/10/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 0.93 Acre Lot
- No Common Walls
- Level Lot
Parking
- 13 Open Parking Spaces
- 5 Car Garage
- 10 Carport Spaces
Home Design
- Entry on the 1st floor
Interior Spaces
- 26,700 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 0605
- Tax Tract Number 88701
- Assessor Parcel Number 08906409
- $8,126 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 33 Units
Amenities
- Laundry Facilities
Building Details
- 33 Separate Electric Meters
- 33 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $12,530
- Fuel Expense $12,532
- Insurance Expense $26,400
- Maintenance Expense $26,400
- Professional Management Expense $28,779
- Trash Expense $12,530
- Water Sewer Expense $12,530
- New Taxes Expense $145,315
- Operating Expense $332,092
- Gross Income $988,106
- Net Operating Income $627,204
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/10/2025 09/10/25 | For Sale | $12,350,000 | +54.4% | $463 / Sq Ft |
02/02/2022 02/02/22 | Sold | $8,000,000 | 0.0% | $326 / Sq Ft |
12/11/2021 12/11/21 | Price Changed | $8,000,000 | +6.7% | $326 / Sq Ft |
10/07/2021 10/07/21 | Pending | -- | -- | -- |
10/01/2021 10/01/21 | For Sale | $7,500,000 | 0.0% | $305 / Sq Ft |
09/24/2021 09/24/21 | Pending | -- | -- | -- |
09/16/2021 09/16/21 | For Sale | $7,500,000 | -- | $305 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25214158

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