12582 Adelle St , Garden Grove, CA 92841
$2,290,000
Est. Payment: $11,563.83/mo
7 Bed
7 Bath
0 Sqft
Status: active | Days on site: 63
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House Description

Rare pride-of-ownership 5-unit investment opportunity located in a highly desirable West Garden Grove neighborhood comprised primarily of single-family residences and smaller apartment communities. This established residential setting provides enduring resident demand and contributes to long-term investment appeal. Built in 1977, this property has been well maintained and thoughtfully improved over time. Recent capital improvements include a new roof installed over the rear building in 2024, a new water heater installed in 2025 and new electric panels installed in all units and the laundry room to satisfy insurance in 2025. The property currently generates gross annual income of $148,380. With desirable and diverse unit mix consisting of two 1-bedroom/1-bath units, two 2-bedroom/2-bath units, and one spacious 3-bedroom/2.5-bath townhouse style residence all demands can be met. Unit layouts are designed to maximize resident comfort and retention. The townhouse-style unit features private front and side yards, a rear patio and two side-by-side garages with automatic openers. Remaining residences each benefit from a dedicated one-car garage with an automatic opener, while two additional garages are currently leased for storage, providing supplemental income. The downstairs 1 bedrooms have private yards and patios while the 2 bedroom units have private balconies. Private outdoor areas, garages with openers, and a functional unit mix contribute to strong rental appeal. Ideally situated just over half a mile from Beach Boulevard, this property offers convenient access to a wide v

Highlights

Listed by Scott Gerard , 714-345-4223 Gerard Properties Inc. , 714-964-9602. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.23

County

Orange

Listing ID

OC26119486

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:7
  • Full Bathrooms:

Exterior Features

Zoning:Public Rec
Principal Interest
$11,564
Taxes
$1,460

Home Price

$2,290,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$458,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,563.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,563.83 $1,459.88 $0.00 $13,023.70
Yearly $138,765.94 $17,518.50 $0.00 $156,284.44
Total $4,162,978.09 $525,555.00 $0.00 $4,688,533.09

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Garden Grove, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T22:38:39.000Z

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