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$3,995,000

FOR SALE
Active

10791 Palma Vista

Garden Grove, CA

MLS# OC26124924

Apartment
149 days on marketNalren refreshed

Listing Agent

Prashant Sampat

Listing Agent

Pacific Avenue Realty

DRE #: 01916221

(562) 841-0227

Brokerage: Pacific Avenue Realty

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1961

Year Built

0.44 acres

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

Rare 16-unit multifamily offering in prime central Garden Grove. Two adjacent, contiguous 8-unit buildings (10791 & 10811 Palma Vista Ave) sold together as a single package across APNs 089-651-06 and 089-651-07 — combined ~19,166 SF site, just west of Euclid between Katella and Orangewood, minutes from the 5 & 22 freeways, Disneyland, and the Garden Walk district. The two-story, wood-frame and stucco buildings were built in 1961 and feature spacious one-bedroom / one-bath units averaging approximately 625 SF, with ~10,048 SF total building area across both parcels. Each unit is separately metered for gas and electricity. The property offers 24 parking spaces (16 covered carports plus 8 uncovered) plus on-site coin-operated laundry. Strong value-add opportunity: in-place rents are below current market, with meaningful income upside on unit turnover, plus additional upside through utility cost recovery (water is master-metered). An excellent addition to any Orange County multifamily portfolio. Both parcels to be sold together; not available separately. Buyer to verify all units, square footage, rents, and information to their own satisfaction.

Facts & Features

Interior

Fireplace
No
Laundry Features
Community Laundry
Appliances
Free Standing Range, Gas Oven, Gas Range, Water Heater
Flooring
Tile, Vinyl
Interior Features
Ceiling Fans
Window Features
Screens

Exterior

Private Pool
No
Roof
Shingle
Fencing
Block
Lot Features
Level, Thirty Six To Forty Units Acre

Building

Year Built
1961
Architectural Style
Traditional
Building Area Total
10,048
Levels
Two
Stories Total
2

Utilities

Heating
Natural Gas, Wall Furnace
Cooling
Wall Window Units
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Asphalt, Carport, Covered, Uncovered
Parking Total
24

Community / HOA

HOA
No
Association Fee
$0

Accessibility / Green

Accessibility Features
None

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