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10802 Palma Vista Avenue

Garden Grove, CA 92840

– beds
– baths
– sqft
9,611 sqft lot
1961 build
– on site

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.

Listed By CRMLS_CA / Pat Swanson / Pat Swanson / 213-864-2862

Last checked: Checking… • Last updated Jul 12, 2025 •

MLS# OC25156174 —

The Building

Year Built:

1961
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

5025.00
Building Area Units:

Square Feet
Total Number Of Units:

8
# of Buildings:

1
Stories Total:

2
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

9
# of Separate Water Meters:

1
# of Separate Electric Meters:

9

Interior

Levels:

Two
Entry Location:

Ground
Laundry:

Dryer Included, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
Laundry:

1

Location

Directions:

Major Cross Street is Lincoln and Katella
Latitude:

33.79971300
Longitude:

-117.94456100

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

6-10 Units/Acre
Lot Size Area:

9611.0000
Lot Size Acres:

0.2206
Lot Size SqFt:

9611.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

883.01
Tax Tract:

3730
Tax Lot:

12

The Listing

Special Listing Conditions:

Standard
Parcel Number:

08965203
Showings Begin:

2025-07-12

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

11.00
Uncovered Spaces:

3.00
Carport Spaces:

8.00

Extra Units

Average 1 Bed Area:

628

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/12/25 Jul 12, 2025	Listed / Active	CRMLS_CA	$2,395,000	139.5% (14.3% / YR)
10/6/15 Oct 6, 2015		CRMLS_CA	$1,000,000

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This multifamily located in Garden Grove, CA 92840 is currently for sale for $2,395,000. 10802 Palma Vista Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Simmons Elementary School, Rancho Alamitos High School, and Lake Intermediate School.

Listing Courtesy of: CRMLS_CA and Pat Swanson. Based on information from California Regional Multiple Listing Service, Inc. as of 14:02 on Jul 12.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.