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10802 Palma Vista AVE Garden Grove, CA 92840
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Key Details
Sold Price $2,330,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25156174
Year Built 1961
Lot Size 9,609 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stacked
Exterior
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Pat Swanson Pat Swanson
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