For Sale Multi-Family MLS# CV26192690

12501 Orrway Drive

Garden Grove, CA 92841

$1,595,000

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About 12501 Orrway Drive

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

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1964
Stories
2
Living area
4,572 sqft
Price / sqft
$349
Lot
0.1857
Original price
$1,750,000
MLS #
CV26192690

Interior

Heating
Central
Cooling
Central Air

Exterior & lot

Features
Parking spaces: 4
Construction
2
Lot
13159110
Garage spaces
4

Schools

District
Garden Grove Unified School District

Utilities

Utilities
Public Sewer, Public, Electricity Available, Natural Gas Available, Sewer Available, Standard
Water
Public
Sewer
Public Sewer

Financial

Parcel
13159110
Special conditions
Standard

Location

Area
699 - Not Defined
County
Orange
Community
0.0
Directions
Major cross streets are Lampson Avenue & Beach Blvd

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Listed by William Melton, PAEZ REALTY COMPANY

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.