Residential Income — 12501 Orrway Drive, Garden Grove, CA
$1,750,000
12501 Orrway Drive, Garden Grove, CA
About this property
12501 Orrway is a four-unit multifamily investment property located in Garden Grove, California. The property features a desirable unit mix consisting of three two-bedroom units and one three-bedroom unit, providing broad appeal within the local rental market. Situated in a central Garden Grove neighborhood, the property offers convenient access to shopping, dining, recreation, and major employment centers throughout Orange County. Nearby destinations include Garden Grove Boulevard, Historic Main Street, Costco, Haster Basin Recreational Park, Garden Grove Park, and SteelCraft Garden Grove. Convenient access to State Route 22 and Interstate 5 also provides connectivity throughout Orange County and the greater Southern California region. The property presents a compelling value-add opportunity with potential upside through interior renovations, modernization, and rental optimization. Potential improvements may include updated kitchens and bathrooms, quartz countertops, shaker-style cabinetry, modern appliances, recessed lighting, luxury vinyl plank flooring, and contemporary fixtures and finishes. With its desirable unit mix, established Garden Grove location, access to nearby amenities, and renovation potential, 12501 Orrway offers an opportunity to increase rental income, improve cash flow, and enhance long-term asset value through a strategic improvement program.
Property details
Location
12501 Orrway Drive • Garden Grove, CA 92841
Listed by
William Melton · PAEZ REALTY COMPANY
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