10802 Palma Vista Ave Garden Grove, CA 92840
Estimated payment $15,419/month
Total Views
4,034
1
Bed
1
Bath
5,025
Sq Ft
$477
Price per Sq Ft
Highlights
- Laundry Room
- Lake Intermediate School Rated A-
- Stacked Washer and Dryer
About This Home
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.
Listing Agent
Pat Swanson Brokerage Phone: 213-864-2862 License #01382974 Listed on: 07/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 9,611 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Apartment
Interior Spaces
- 5,025 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- 3 Open Parking Spaces
- 11 Parking Spaces
- 8 Carport Spaces
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 3730
- Assessor Parcel Number 08965203
- $2,357 per year additional tax assessments
Community Details
Overview
- 8 Units
Building Details
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Fuel Expense $2,603
- Insurance Expense $4,274
- Trash Expense $4,733
- Water Sewer Expense $6,717
- Operating Expense $88,838
- Gross Income $214,488
- Net Operating Income $149,853
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | For Sale | $2,395,000 | 0.0% | $477 / Sq Ft |
| 09/01/2023 09/01/23 | For Rent | $2,095 | 0.0% | -- |
| 06/21/2023 06/21/23 | For Rent | $2,095 | 0.0% | -- |
| 05/22/2023 05/22/23 | Price Changed | $2,095 | -4.6% | $3 / Sq Ft |
| 05/19/2023 05/19/23 | For Rent | $2,195 | 0.0% | -- |
| 10/06/2015 10/06/15 | Sold | $1,000,000 | -20.0% | $199 / Sq Ft |
| 09/14/2015 09/14/15 | Pending | -- | -- | -- |
| 06/29/2015 06/29/15 | For Sale | $1,250,000 | -- | $249 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Home in Garden Grove, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25156174
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 11301 Euclid St Unit 121
- 11301 Euclid St Unit 21
- 11301 Euclid St Unit 109
- 11301 Euclid St Unit 75
- 11301 Euclid St Unit 60
- 10622 Tibbs Cir
- 11191 Fulmer Dr
- 1640 W Ricky Ave
- 1807 W Sumac Ln
- 10601 La Dona Dr
- 10401 Orangewood Ave
- 1660 W Sallie Ln
- 1660 W Recreo Plaza
- 10872 Poindexter Ave
- 2011 W Katella Ave Unit 61
- 1802 W Harle Ave
- 2160 S Hammatt Pkwy
- 1616 S Euclid St Unit 54
- 1616 S Euclid St Unit 23
- 1616 S Euclid St Unit 75
- 1671 W Cindy Ln Unit B
- 2083 S Eileen Dr
- 11750 Euclid St
- 11941 S Della Ln Unit Room 4
- 11941 S Della Ln Unit Room 3
- 1532 S Dallas Dr
- 12051 Chili Pepper Ln
- 11921 Waverly Dr
- 2045 S Janette Ln
- 1666 W Chanticleer Rd
- 9862 Orangewood Ave Unit 1
- 1512 S 9th St
- 11924 Brookhaven St Unit 71
- 1623-1629 S Walnut St
- 12102 Brookhaven Park
- 12235 Morrie Ln
- 9661 Maureen Dr Unit F
- 11085 Iris Dr
- 11596 Bart Dr
- 12271 Gamma St