Garden Grove, CA 92840,10802 Palma Vista Avenue
Listed by Pat Swanson • Pat Swanson
Bought with Pat Swanson • Pat Swanson
$2,330,000
$2,395,000
2.7%
Est.Price: ?

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5,025 SqFt

10802 Palma Vista Avenue Garden Grove, CA 92840

Est. payment /mo
SOLD DATE : 10/21/2025

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Key Details

Sold Price $2,330,000

Property Type Commercial Sale

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 5,025 sqft

Price per Sqft $463

MLS Listing ID CROC25156174

Year Built 1961

Lot Size 9,611 Sqft

Property Sub-Type Other

Property Description

Exceptional cash-flowing 8-unit apartment building in Garden Grove, delivering a strong 6.26% cap rate with immediate income and zero deferred maintenance. Every unit has been fully transformed with over-the-top, luxury-level renovations-including in-unit washer/dryers, quartz countertops, custom shaker cabinets, stainless steel appliances, new bathrooms, and designer finishes throughout. This turnkey property is 100% occupied and stabilized, offering an investor dependable income from day one. With no local rent control (only AB 1482), this is a rare, hassle-free opportunity to own a high-performing asset in a prime Orange County location.

Location

State CA

County Orange

Interior

Laundry Dryer, Gas Dryer Hookup, Washer, Other, Inside

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Bay East Association of Realtors

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Peter Cheung

Peter Cheung

Realtor | CA BRE#: 02070039

+1(510) 387-3876

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