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10322 Park

Garden Grove, CA 92840

$1,945,000

| 4,355 sq. ft.

Status: Active Area: 65 - N of Blsa, S of GGrv, E of Bch, W of Brookhrs
Year Built: 1964 MLS#: OC26041541

Description

Presenting the Park Avenue Apartments, a premier four-unit multifamily investment in the heart of Garden Grove. Located near the major intersection of Brookhurst Street and Garden Grove Boulevard, this property sits in an ultra-high-demand rental submarket known for its exceptionally low vacancy rates and consistent rent growth. This 4,355-square-foot building is situated on a spacious 6,970-square-foot lot and features a highly desirable unit mix of all two-story, townhouse-style units (2BD/1.5BA). The property is currently occupied by a stable roster of long-term tenants, a testament to its quality and resident-centric amenities. Each unit offers large private patios, in-unit washer/dryer hookups, and ample parking within enclosed garages. The Park Avenue Apartments represent a rare opportunity to acquire a turn-key asset with immediate upside. Investors can capitalize on the existing stability while realizing proven value-add potential in one of Orange County’s most robust rental environments.

Features

    Other Rooms: Entry, Kitchen, Living Room Appliances: Range Hood, Gas Range, Gas Oven, Dishwasher
     Fireplace Rooms: None
    Heating: Natural Gas
    Cooling: None
    Structure Type: Traditional
    Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $447
    Parking Spaces: 4
    Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

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