New

$2,290,000

For Sale

3 days ago

12582 Adelle St, Garden Grove, CA

Name: 12582 Adelle St, For Sale in Garden Grove - eXp Realty
Brand: Gerard Properties Inc.
SKU: OC26119486
Price: 2290000 USD

Condo

MLS® OC26119486

0 Bed

0 Bath

8 Parking

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

HOA Fees

Taxes

Days Active 2

Approx. Age 1977

MLS® Number OC26119486

Property Address: 12582 Adelle St, Garden Grove, CA, 92841-4548

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

Description

Rare pride-of-ownership 5-unit investment opportunity located in a highly desirable West Garden Grove neighborhood comprised primarily of single-family residences and smaller apartment communities. This established residential setting provides enduring resident demand and contributes to long-term investment appeal. Built in 1977, this property has been well maintained and thoughtfully improved over time. Recent capital improvements include a new roof installed over the rear building in 2024 and a new water heater installed in 2025. The property currently generates gross annual income of $148, 380. With desirable and diverse unit mix consisting of two 1-bedroom/1-bath units, two 2-bedroom/2-bath units, and one spacious 3-bedroom/2.5-bath townhouse style residence all demands can be met. Unit layouts are designed to maximize resident comfort and retention. The townhouse-style unit features private front and side yards, a rear patio and two side-by-side garages with automatic openers. Remaining residences each benefit from a dedicated one-car garage with an automatic opener, while two additional garages are currently leased for storage, providing supplemental income. The downstairs 1 bedrooms have private yards and patios while the 2 bedroom units have private balconies. Private outdoor areas, garages with openers, and a functional unit mix contribute to strong rental appeal. Ideally situated just over half a mile from Beach Boulevard, this property offers convenient access to a wide variety of shopping, dining, and entertainment options, as well as the 405 and 22 Freeways. Its location places residents within close proximity to major employment centers throughout Orange County, supporting continued demand for quality rental housing. From an operational standpoint, this asset benefits from a straightforward expense structure. Current operating expenses consist primarily of utilities, property taxes, insurance, landscaping, and professional management. Combined with excellent physical condition, an attractive residential setting, and a stable income stream, the property represents a turnkey investment opportunity well-suited for both private and exchange buyers seeking reliable cash flow in a high-demand Orange County rental market.

MLS® NumberOC26119486

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1977

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 4, 2026List Date

$2,290,000List Price

Commute

Commute

Starting Address

Destination Address

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