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Listed price in listed location currency (USD).
$3,400,000

0013

MLS® RS26081589

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1959
MLS® Number RS26081589

Property Address: 12905 Palm St, Garden Grove, CA, 92840-6410

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

Description

RARE 12-UNIT DUAL-PARCEL INCOME OPPORTUNITY | GARDEN GROVE. Seize a once-in-a-cycle opportunity to acquire a 12-unit, dual-parcel income-generating portfolio in the heart of Orange County. 12905 & 12921 Palm Street are being offered together, delivering a strong and stable residential income stream in one of the region’s most resilient investment corridors. Located in the established rental market of Garden Grove, the property features twelve (12) well-positioned units, each configured as 1-bedroom, 1-bathroom apartments, ideal for consistent tenant demand and long-term occupancy stability. The asset is currently producing a combined annual gross income of approximately $288, 000, offering investors immediate cash flow with potential for future upside. This opportunity is perfectly suited for 1031 exchange buyers seeking a time-sensitive, exchange-ready asset (seller has documented exchange intent and an SXA on file). Investors looking to secure a stabilized multi-unit property with high in-place income. Buyers seeking long-term appreciation in a high-demand Orange County rental market. The dual-APN structure enhances flexibility for portfolio diversification, financing strategies, or future repositioning. A flexible close-of-escrow timeline provides added convenience for exchange buyers, while a buyer-friendly concession approach creates an attractive entry point. With consistent rental demand, limited comparable inventory, and proven income performance, this property represents a rare chance to secure a high-yield, multi-unit investment in a prime location. Opportunities like this are rarely available: 12 units, dual parcels, and high income in one offering. Contact the listing agent for full financials, rent roll, and parcel breakdown.
MLS® NumberRS26081589
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1959
Basement
DrivewayAssigned, Carport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 15, 2026List Date
$3,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
12905 Palm St, Garden Grove, CA

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