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New
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$1,999,900

For Sale

14 hours ago

MLS® PW26043611

0 Bed

0 Bath

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12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 0
Lot Size 0.262 acres
Approx. Age 1976
MLS® Number PW26043611

Property Address: a-d-12621 Louise Cir., Garden Grove, CA, 92841

Average square foot calculated using Size range provided by listing agent.

Description

Rare Turnkey Fourplex with Strong Cash Flow and Upside on a Quiet Cul-de-Sac Situated on an oversized 11, 400+ sq ft lot, this fully remodeled income property generates nearly $11, 000 per month in rental income with an approximate 5% cap rate—an excellent opportunity for investors and 1031 exchange buyers seeking stable returns. The property features a highly desirable and flexible unit mix with two downstairs and two upstairs units: Downstairs: One 3-bedroom, 2-bath unit and One 1-bedroom, 1-bath unit Upstairs: Two 2-bedroom, 2-bath units All four units have been completely remodeled with new flooring, updated kitchens, double-paned windows, fresh interior paint and remodeled bathrooms, resulting in strong tenant demand, premium rents, and long-term, stable occupancy. Extensive capital improvements enhance long-term value and reduce operating risk, including: new upgraded electrical panel, newer exterior paint, newer water heater, and five brand-new garage doors with openers. Exceptional parking: 5 garages, 1 covered space, 6 on-site open spaces, plus ample street parking—an uncommon and highly valuable feature for multi-unit properties. Located in a peaceful residential setting yet close to major freeways, shopping, and dining, this property combines turnkey condition, strong current income, and long-term appreciation potential in one of Garden Grove’s most in-demand rental markets.
MLS® NumberPW26043611
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.262
Exterior
GarageYes
Approx. Age1976
Basement
DrivewayAssigned, Carport, Garage
Garage Spaces5
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$1,999,900List Price
  • Commute

Commute

Starting Address
Destination Address
12621 Louise Cir., Garden Grove, CA

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