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Additional details
$ 1,595,000
Est. payment /mo
Price Dropped by $155K
12501 Orrway Drive Garden Grove, CA 92841
5 Beds
4 Baths
8,089 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26192690
Bedrooms 5
Lot Size 8,089 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Orange
Zoning Public Rec
Direction Major cross streets are Lampson Avenue & Beach Blvd
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 13159110
Acceptable Financing Conventional
Listing Terms Conventional
Listed by William Melton, DRE#01342816 PAEZ REALTY COMPANY
NEARBY SCHOOL & BUSINESS
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