About 10802 Palma Vista Avenue
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.
Features of 10802 Palma Vista Avenue
MLS® # | OC25156174 |
---|---|
Price | $2,395,000 |
Bedrooms | 1 |
Bathrooms | 1.00 |
Acres | 0.22 |
Year Built | 1961 |
Type | Residential Income |
Sub-Type | Apartment |
Status | Active Under Contract |
Community Information
Address | 10802 Palma Vista Avenue |
---|---|
Area | 699 - Not Defined |
City | Garden Grove |
County | Orange |
Zip Code | 92840 |
Amenities
Parking Spaces | 11 |
---|---|
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Appliances | Dryer, Washer |
---|---|
Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Lot Description | SixToTenUnitsAcre |
---|
Additional Information
Date Listed | July 11th, 2025 |
---|---|
Days on Market | 94 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Pat Swanson |
---|---|
Office | Pat Swanson |