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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,930,000

Est. payment - /mo

7,840 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26042968

HOA Y/N No

Year Built 1963

Lot Size 7,840 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional 8 -Bedroom, 4-Unit Investment Opportunity in the Heart of Orange County

Welcome to 13391 Palm Street, a well-maintained four-unit multifamily property located in the highly desirable City of Garden Grove. Offering a strong combination of stable income, functional unit layouts, and recent capital improvements, this property presents an excellent opportunity for both seasoned investors and 1031 exchange buyers.

The property features four spacious units with a desirable mix of floor plans. The front unit stands apart with its single-story layout, fireplace, 2 bedrooms, 2 bathrooms, and private outdoor spaces including a gated wraparound front patio and secluded rear patio. The two middle units each offer a popular two-story design with 2 bedrooms, 1.5 bathrooms, open-concept living areas, and private front and rear patios. The end unit provides additional privacy and the convenience of direct garage access from within the residence.

Each unit includes two dedicated parking spaces, consisting of one covered and one uncovered space. Ownership has diligently maintained the property, including a recent full repipe, helping minimize future maintenance concerns and operating expenses.

Ideally situated near major freeways, shopping, dining, employment centers, and Orange County's most sought-after attractions, this asset benefits from a highly accessible and desirable location that continues to attract long-term tenants.

With established tenancy, strong rental demand, and pride of ownership throughout, 13391 Palm Street offers investors a rare opportunity to acquire a quality multifamily asset in one of Orange County's most resilient rental markets.

Location

State CA

County Orange

Area 64 - Garden Grove E Of Euclid, W Of Harbor

Interior

Heating Central, Fireplace(s)

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Assigned, Covered, Door-Single, Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Chain Link

Pool None

Community Features Curbs

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 10135140

Energy Description 1080.0

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Submit, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Submit, VA Loan

Special Listing Condition Standard

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Listed by Mark Parubrub A + Realty & Mortgage 661 364-5379, DRE #01985365

NEARBY SCHOOL & BUSINESS

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13391 Palm ST Garden Grove, CA 92843