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10791 Palma Vista, Garden Grove, CA 92840

$4.00M0ba · 10,048 sqft
Lot 19,166 sqft•Apartment•
Active
•145d on market•MLS# OC-26124924

Property Description

Rare 16-unit multifamily offering in prime central Garden Grove. Two adjacent, contiguous 8-unit buildings (10791 & 10811 Palma Vista Ave) sold together as a single package across APNs 089-651-06 and 089-651-07 — combined ~19,166 SF site, just west of Euclid between Katella and Orangewood, minutes from the 5 & 22 freeways, Disneyland, and the Garden Walk district. The two-story, wood-frame and stucco buildings were built in 1961 and feature spacious one-bedroom / one-bath units averaging approximately 625 SF, with ~10,048 SF total building area across both parcels. Each unit is separately metered for gas and electricity. The property offers 24 parking spaces (16 covered carports plus 8 uncovered) plus on-site coin-operated laundry. Strong value-add opportunity: in-place rents are below current market, with meaningful income upside on unit turnover, plus additional upside through utility cost recovery (water is master-metered). An excellent addition to any Orange County multifamily portfolio. Both parcels to be sold together; not available separately. Buyer to verify all units, square footage, rents, and information to their own satisfaction.

Features & Amenities

FeeBuilt 1961

Property Details

Land Type
Fee
Year Built
1961
Property Type
Residential Income
Property Subtype
Apartment
Parking Spaces
24
Garage Spaces
0
Heating
Wall Furnace
View
None
Flooring
Tile, Vinyl
Roof
Shingle
City
Garden Grove
Zip Code
92840
County
Orange
Listed byPacific Avenue Realty, Prashant Sampat

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$20,200.89
Principal & Interest
Loan Amount
$3,196,000
Total Interest
$4,076,322
Total Payment Over 30 Years
$7,272,322
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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