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,… Read More 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. Read Less
Property listed by PAEZ REALTY COMPANY, William Melton 310-259-7556
Listing Snapshot
Days Online
29
Last Updated
Property Type
Quadruplex
Lot Size
0.19 Acres
Year Built
1964
MLS Number
CV26192690
Additional Details
Building
Built in 1964, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
ElectricityAvailable, NaturalGasAvailable, SewerAvailable, Water Source: Public, Standard, 4 separate electric meters, 4 separate gas meters, 4 separate water meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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