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120 Lisa Lane, Costa Mesa
$2,325,000
PW26211144 MLS ⋅ Active Status
120 Lisa Lane presents a rare opportunity to acquire a well-positioned triplex in highly desirable Eastside Costa Mesa, just minutes from Newport Bluffs. Offered for the first time in more than 13 years, the property features a highly attractive unit mix consisting of one 3BR/2BA unit and two 2BR/1BA units, appealing to a broad tenant base of families and professionals. Each unit offers desirable amenities, including washer/dryer hookups, private patios or balconies, while the four-car garage provides valuable off-street parking and additional tenant convenience. Situated at the end of a quiet cul-de-sac, the property offers an added level of privacy and a residential feel that further enhances its tenant appeal. With approximately 25% in rental upside, 120 Lisa Lane offers investors the opportunity to acquire a well-maintained asset with strong in-place fundamentals and meaningful value-add potential in one of Costa Mesa’s most sought-after submarkets.

120 Lisa Lane, Costa Mesa

3029 Jeffrey Drive, Costa Mesa
$1,800,000
PW26211173 MLS ⋅ Active Status
3029 Jeffrey Drive is a well-located triplex in Costa Mesa, offering investors an attractive entry point into one of Orange County’s strongest rental markets. Built in 1977, the 3,023 SF property sits on a 6,098 SF lot and features a practical unit mix of (1) 3BR/2BA unit and (2) 2BR/1BA units. Residents benefit from washer/dryer hookups, private patios and balconies, and ample parking, including (4) garages and (2) open spaces for a 2:1 parking ratio. Located just half a mile from South Coast Plaza, the property offers convenient access to premier retail, major employment centers, and a broad range of lifestyle amenities supporting strong and durable tenant demand. With approximately 23% rental upside, 3029 Jeffrey Drive presents a compelling value-add opportunity for investors seeking a combination of in-place income potential and mark-to-market growth within a high-demand Costa Mesa submarket.

3029 Jeffrey Drive, Costa Mesa

1125 N Onondaga, Anaheim
$4,299,000
OC26207417 MLS ⋅ Active Status
Onondaga Apartment Homes is a FULLY REHABBED (Interior and Exterior) 12 unit multifamily community located at 1125 and 1131 North Onondaga Ave. in the city of Anaheim, California. This two story gated asset benefits from an excellent unit mix of 10 two bedroom, one bath units, 1 two bedroom, 1.5 bath townhome unit and 1 one bedroom, one bath unit with the average spacious unit square footage at approximately 856 square feet! All but one of the units have been completely rehabbed in the last year including new kitchens, new bathrooms, new flooring, fixtures, Quartz countertops with designer backsplashes, new vanities, and new appliances. There are also new vinyl windows throughout the property and private patios or balconies in select units. All of the main electrical panels have also just been replaced to eliminate any issues with insurance carriers. The property is also individually metered for Gas and Electric along with tenants paying for the trash directly to the city of Anaheim keeping operating costs for an owner to a minimum. On-site amenities include garages for each unit, a gated front lawn and on-site laundry room. While actual in place rents are strong providing for great cash flow, there is still room to raise rents for increased cash flow! Additionally, the property boasts an incredibly convenient location located next to shopping, Anaheim Plaza and the 5 & 91 freeways for commuters.

1125 N Onondaga, Anaheim

307 N East St, Anaheim
$3,590,000
OC26206354 MLS ⋅ Active Status
307 & 319 N East Street is a well-maintained, 12-unit (6+6) multifamily community consisting of two 6-unit complexes located in the historic Colony neighborhood of central Anaheim, offering investors an opportunity to acquire a core central Orange County asset with an in-place 5.11% cap rate and significant upside. The property's desirable location and dedicated garage parking per unit enhance operational simplicity while appealing to a broad renter base seeking convenience, privacy, and quality housing in one of Orange County's most accessible and amenity-rich neighborhoods. The asset features a well-balanced unit mix of four large 2-bed/1-bath and eight 1-bed/1-bath residences. The property has been thoughtfully maintained, with recent capital improvements including vinyl window replacements and the completion of SB-721 balcony inspection and repair work. Additional upside exists through the property's ADU potential, providing a clear and executable opportunity to increase density and further enhance net operating income.

307 N East St, Anaheim

1193 S Belhaven, Anaheim
$2,750,000
NP26205918 MLS ⋅ Active Status
1193 S Belhaven St presents a rare turnkey investment opportunity featuring single-story, garden-style apartments that have benefited from more than $100,000 in recent interior and exterior renovations, providing an incoming investor with strong cash flow and ease of management from day one. Located approximately one mile north of Anaheim’s rapidly transforming Platinum Triangle, the property is positioned near OCVIBE and Angel Stadium, collectively receiving investments totaling over $5 billion including mixed-use, dining, retail, entertainment, office space, supporting thousands of jobs for the area. With this long term investment, single story apartments are few and far between, attractive to families, retirees and single professionals alike.

1193 S Belhaven, Anaheim

383 W Wilson Street, Costa Mesa
$4,550,000
OC26201829 MLS ⋅ Active Status
383 West Wilson Street is a 12-unit multifamily investment property located in Costa Mesa, California. Situated on approximately 0.43 acres, the property features a unit mix of 10 one-bedroom units and 2 two-bedroom units and combines a substantially renovated existing asset with significant additional unit development potential. Central to the investment opportunity is the approval to convert existing garage space into 5 studio Accessory Dwelling Units (ADUs), totaling approximately 2,045 square feet. Construction of the approved ADUs has not yet commenced, providing new ownership the opportunity to complete the conversions and increase the property from 12 to 17 units, a roughly 42% increase in rentable unit count. The approved conversions create a defined path to expand the property's income-producing capacity within the existing site. Importantly, this development upside is paired with substantial improvements to the existing 12 units. All units have been renovated with upgrades including quartz countertops, updated appliances and bathrooms, fresh paint, and vinyl and carpet flooring. With the existing interiors already improved, future investment can be focused on completion of the approved ADUs rather than a property-wide interior renovation program. 383 West Wilson Street also benefits from a sizable site and an attractive collection of resident amenities. The property provides 22 parking spaces, including 13 garage and 9 surface spaces, along with gated access, an on-site laundry facility, security doors, and a spacious central courtyard. The property is positioned near a dense collection of Costa Mesa amenities and demand drivers, with retail along Harbor Boulevard, Orange Coast College, the OC Fair & Event Center, and neighborhood recreation all nearby. Its location between Harbor Boulevard and State Route 55 provides convenient connectivity throughout Costa Mesa and to surrounding employment centers. Together, the property's renovated existing units, approved 5-unit ADU expansion and strong Costa Mesa location create a compelling combination of current quality and meaningful future upside.

383 W Wilson Street, Costa Mesa

8071 Garfield, Huntington Beach
$16,125,000
OC26189867 MLS ⋅ Active Status
This 34-unit split-level complex located off Beach and Garfield is an excellent investment opportunity for an intermediate to advanced buyer. The complex is split between two buildings: 8071 with 16 units (seven one-bedrooms, eight two-bedrooms, and one three-bedroom) and 8081 with 18 units (eight one-bedrooms, nine two-bedrooms, and one three-bedroom). One-bedroom units come standard with one and a half baths; two-bedroom and three-bedroom units come with two and a half baths. Each unit is separately metered for gas and electric, and the owner pays for water. Each unit has hookups for a stackable washer dryer. The complex includes 44 garages (21 in 8071 and 23 in 8081) as well as 25 uncovered parking spaces.

8071 Garfield, Huntington Beach

103 Avenida Aragon, San Clemente
$2,150,000
PW26199420 MLS ⋅ Active Status
103 Avenida Aragon offers coastal lifestyle, strong income, and upside potential in one of San Clemente's most desirable rental markets. Set two blocks from the beach, the property features a single-story, detached 3-bedroom, 2-bathroom front home with a remodeled kitchen, cozy fireplace, indoor laundry, and a private front yard. Behind the main residence are three additional 1-bedroom, 1-bathroom units—two situated above the garage sharing an adjoining balcony, and one on the main level. Recent capital improvements—new roof, new interior plumbing, new concrete driveway, new exterior paint, new windows, and new garbage disposals—reducing near-term expenses. With a projected 18% rental upside, the asset presents a compelling opportunity for investors or owner-users seeking coastal cash flow and growth.

103 Avenida Aragon, San Clemente

16702 Blanton Lane, Huntington Beach
$2,390,000
RS26190467 MLS ⋅ Active Status
Rare pride-of-ownership fourplex located in one of Huntington Beach's most desirable coastal neighborhoods. This well-maintained investment property features an outstanding unit mix that is increasingly difficult to find: two spacious 3-bedroom, 2 bath townhome-style units, one 2-bedroom, 2-bath unit, and one 1-bedroom, 1-bath unit situated on a generous 8,280 square foot lot with six private enclosed garages.******PLEASE SEE T12 IN SUPPLEMENTS FOR MORE ACCURTATE FINANCIALS****Also available in conjunction with the adjacent fourplex at 16692 Blanton Lane, creating a rare opportunity to acquire two side-by-side multifamily properties totaling eight units. The townhome-style floor plans offer generous living space that has attracted long-term tenants and historically low turnover. Multiple scheduled rent increases are already in place. Ideally positioned just minutes from Bolsa Chica Ecological Reserve, Huntington Harbour, Huntington State Beach, and the shopping and dining along Warner Avenue and Bolsa Chica Road, this property offers investors the opportunity town in one of Orange County's most sought-after coastal rental markets, where long-term demand continues to outpace new multifamily development. An excellent opportunity for a 1031 exchange buyer, long-term investor, or owner-occupant seeking a spacious townhome-style residence while generating income from the remaining units. Please do not disturb tenants. Inspections subject to an accepted offer.

16702 Blanton Lane, Huntington Beach

1608 S Hampstead Street, Anaheim
$12,890,000
OC26176466 MLS ⋅ Active Status
The Hermosa Village Portfolio is a 7-property, 38-unit multifamily investment opportunity located in Anaheim, California. The portfolio features a unit mix of 4 one-bedroom units, 24 two-bedroom units, and 10 three-bedroom units across buildings constructed between 1958 and 1964, totaling approximately 36,986 building square feet. Situated within Anaheim’s master-planned Hermosa Village community, the portfolio offers a cohesive collection of multifamily properties located near one another, providing an investor with operational efficiencies and scale within a concentrated geographic area. Each building features an on-site laundry facility, while 10 units include private patios. Parking is provided through a combined 16 carport spaces and 26 garage spaces. The portfolio’s central Anaheim location provides residents with convenient access to nearby schools, parks, neighborhood retail, restaurants, and major commercial corridors. The properties are also near several of the city’s most prominent destinations, including Disneyland Resort, Downtown Disney, Anaheim GardenWalk, the Anaheim Convention Center, Angel Stadium, and Honda Center. Located within walking distance of Disneyland Resort and Downtown Disney, the portfolio benefits from proximity to one of Southern California’s leading entertainment destinations and Anaheim’s largest employment center. Convenient access to Interstate 5 further connects residents to employment centers, shopping, dining, and other amenities throughout Orange County and surrounding cities.

1608 S Hampstead Street, Anaheim

1813 Cedar, Santa Ana
$1,025,000
PW26170158 MLS ⋅ Active Status
MAJOR PRICE IMPROVEMENT – FOUR 2-BEDROOM UNITS NOW OFFERED AT $1,025,000! This fully occupied Santa Ana fourplex features four 2-bedroom, 1-bath units offered at approximately $256,250 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility providing additional income. Current rents total $4,860 per month, with all four units occupied on month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.

1813 Cedar, Santa Ana

324 E Leatrice Lane, Anaheim
$3,449,000
PW26169826 MLS ⋅ Active Status
324 E. Leatrice Lane is a well-maintained, pride-of-ownership multifamily property located just minutes from Disneyland Park in Anaheim. The property features spacious 2, 3, and 4-bedroom units averaging more than 1,125 square feet, providing an attractive unit mix for a wide range of tenants. Property amenities include updated flooring, kitchens and bathrooms, private patios and balconies, in-unit and on-site laundry facilities, and garage and tandem parking. Recent capital improvements include interior renovations, SB 721 compliance, partial roof replacement, new landscaping and rain gutters, new electrical subpanels and new garage doors, helping minimize near-term capital expenditures. Offered at a 5.9% CAP Rate and 12.35 GRM on current income, this is a high-yield asset in a desirable location.

324 E Leatrice Lane, Anaheim

1138 1142 N Mayfair, Anaheim
$4,200,000
IV26166350 MLS ⋅ Active Status
Affordable & Well maintained 12 Units with Amenities - Located in a well-established residential neighborhood, 1138 & 1142 N. Mayfair Avenue offers the opportunity to acquire two adjacent six-unit apartment buildings totaling 12 apartment units in a well-established Anaheim neighborhood. Situated on separate parcels, the property provides stable rental income and long-term investment potential in one of Orange County's strongest multifamily markets. Ideally located in central Anaheim, the property offers convenient access to Interstate 5 (± 1.5 miles), State Route 91 (±2.5 miles), and State Route 57 (±4.5 miles), providing excellent connectivity throughout Orange County and the greater Los Angeles area. The property's central location places residents just minutes from many of Anaheim's most popular destinations, including the Anaheim Packing District and Downtown Anaheim (both approximately ±3.5 miles), Disneyland Resort and Downtown Disney District (±4.5 miles), Anaheim GardenWalk (±4.8 miles), Knott's Berry Farm (±5.0 miles), Angel Stadium (±5.5 miles), Honda Center (±5.8 miles), Cal State Fullerton (±6.5 miles), and The Outlets at Orange (±7.0 miles). Surrounded by shopping, dining, schools, parks, and major employment centers, the property benefits from strong rental demand and an exceptional central location, making it an attractive investment opportunity with long-term growth potential. Additionally, it's less than a quarter mile from the Anaheim Regional Medical Center, a 228-bed Hospital with 24 hrs. Emergency Room. Long-Term Tenancy -Many residents have occupied their units for more than ten years, suggesting stable occupancy but also indicating that rents may be significantly below current market levels. Utility Structure - Residents pay their own gas and electricity through separately metered services, limiting owner operating expenses.

1138 1142 N Mayfair, Anaheim

13392 Magnolia, Garden Grove
$5,900,000
OC26166327 MLS ⋅ Active Status
13392 Magnolia Street is a 15-unit multifamily property in Garden Grove, California, offering a unique mix of apartments, townhomes, and single-family residences. The property underwent extensive capital improvements in 2022, including full renovations throughout the property and the addition of three newly constructed ADUs. The current unit mix includes five two-bedroom, one-bathroom apartments, eight two-bedroom, one-and-a-half-bathroom townhomes, one three-bedroom, two-bathroom home, and one four-bedroom, two-bathroom home, creating a variety of housing options that appeal to a broad tenant base. The original units have been renovated with dual-pane windows, granite countertops, shaker-style cabinetry, recessed lighting, vinyl plank flooring, stainless steel appliances, ceiling fans, and updated fixtures. The three ADUs were built with modern finishes, including quartz countertops, upgraded bathroom vanities, and mini split or central air conditioning. Additional amenities include a large shared courtyard, private patios or yards for select units, on-site laundry, and garage, tuck-under, and surface parking. The property is centrally located near many of Garden Grove's most popular retail and dining destinations, including Hanmi Plaza, the H Mart shopping center, and Little Saigon. Residents also benefit from nearby parks, schools, and convenient access to State Route 22, making travel throughout Orange and Los Angeles Counties easy. With its completed renovations, diverse unit mix, and desirable location, 13392 Magnolia Street presents a strong investment opportunity in one of Orange County's established rental markets.

13392 Magnolia, Garden Grove

10442 Lampson, Garden Grove
$11,450,000
OC26165842 MLS ⋅ Active Status
10442 Lampson Avenue is a 33-unit apartment community in Garden Grove, California, offering an all two-bedroom, one-bathroom unit mix. The property underwent extensive recent capital improvements in 2022. This includes full renovations of all original 900-square-foot units, and the addition of six newly constructed ADUs. Ownership has invested heavily in improving the property with interior upgrades consisting of shaker cabinets, quartz countertops, vinyl plank flooring, recessed lighting, stainless steel ranges with vent hoods, updated bathroom vanities, dual-pane windows, mini-split air conditioning, and modern fixtures. The result is a cohesive community with updated interiors across all 33 units. This combination of desirable floor plans, premium interior upgrades, and consistent unit mix attracts a broad tenant base seeking quality housing in a central Orange County location. The property also features controlled access with a call box, on-site laundry facilities, and a mix of garage, carport, and surface parking. Well-maintained landscaping and open courtyard areas provide an attractive environment for residents while offering future ownership the opportunity to further enhance the common areas. Combining spacious floor plans, recent significant capital improvements, and a desirable Garden Grove location, 10442 Lampson Avenue presents a strong long-term multifamily investment with stable tenant demand.

10442 Lampson, Garden Grove

3045 Coolidge, Costa Mesa
$1,575,000
OC26159419 MLS ⋅ Active Under Contract Status
NEW PRICE! Huge Price Improvement . Exceptional Costa Mesa Triplex Investment Opportunity Rarely does a property like this become available in one of Costa Mesa's most desirable rental neighborhoods. Situated on a prime corner lot at 3045 Coolidge Avenue, this well-positioned triplex offers an outstanding investment opportunity featuring three spacious 2-bedroom, 1 and 2 bath units, each with generously sized floor plans that consistently appeal to long-term tenants. The property's corner location provides an attractive residential setting, bordered by established single-family homes on one side and multifamily residences on the other—creating the perfect balance of neighborhood charm and strong rental demand. The building offers excellent curb appeal, abundant natural light, and a layout that tenants love. Location is everything, and this property delivers. Residents enjoy walking distance to Paularino Elementary School, nearby parks, neighborhood shopping, restaurants, and everyday conveniences. The property is just minutes from South Coast Plaza, Segerstrom Center for the Arts, Orange Coast College, John Wayne Airport, and the world-famous beaches of Newport Beach and Huntington Beach. Easy access to the 55, 405, and 73 Freeways makes commuting throughout Orange County exceptionally convenient. Costa Mesa continues to be one of Orange County's strongest rental markets, driven by its central location, vibrant employment base, highly desirable coastal lifestyle, and proximity to major business centers. The city boasts more than 80,000 jobs, a thriving economy, outstanding dining and entertainment, and one of Southern California's most sought-after lifestyles—making quality rental housing consistently attractive to tenants. -Three large 2-bedroom units -Prime corner location -Excellent tenant appeal -Walking distance to schools -Strong rental demand -Close to beaches, shopping, employment centers, and freeways -Located in one of Orange County's most desirable investment markets Investment opportunities in this location are increasingly difficult to find. This is your chance to own a quality income-producing asset in the heart of Costa Mesa—where strong fundamentals, exceptional location, and long-term appreciation potential come together to create an outstanding real estate investment. A true turnkey addition to any investment portfolio .

3045 Coolidge, Costa Mesa

626 Clubhouse, Newport Beach
$16,995,000
OC26155362 MLS ⋅ Active Status
Rare waterfront investment opportunity in Newport Beach’s highly desirable Lido Peninsula. The property consists of four buildings totaling 10 units across three APNs: APN 423-083-12 (4 units), APN 423-083-11 (4 units), and APN 423-083-10 (2 units). Ideally positioned along the water with abundant natural light and premier bayfront views, this unique offering presents an exceptional opportunity for investors and developers to acquire a well-located multifamily asset with significant upside potential through strategic repositioning and enhancement of the existing units, while capitalizing on the strong demand for waterfront living in one of Southern California’s most sought-after coastal communities. The property also features a 50-foot dock, adding to the unique waterfront appeal of this rare Newport Beach offering. Do Not Visit Property Without Appointment - Contact Listing Office. Property is Tenant Occupied; Do Not Disturb Occupants

626 Clubhouse, Newport Beach

16941 Hoskins, Huntington Beach
$2,870,000
OC26128187 MLS ⋅ Active Status
Prime Huntington Beach 5-Unit Investment Opportunity. Exceptional, low-maintenance five-unit asset located in a highly desirable Huntington Beach neighborhood, offering strong value-add potential with extensive recent capital expenditures. The property features four identical two-bedroom, two-bathroom units with mirrored floor plans, including a unique ground-level unit (Unit 2) boasting a private wrap-around patio. These four units utilize a shared community laundry room. Units 1, 2 & 4 have just been turned over with fresh paint, new carpet, and new shower doors, and are successfully stabilized on new one-year leases. (Unit 3) is a premium owner’s suite consisting of a one-bedroom layout with a private staircase/entrance, in-closet laundry, a half-bath, a full bath, and an additional standalone shower. The asset includes a total of nine assigned parking spaces, configured as six covered carports and three open spaces. Investors will benefit from minimal near-term CapEx due to significant recent infrastructure upgrades. Recent IMPROVEMENTS include NEW FURNACES for Units 1, 2, 4, and 5 (January 2026), full building TERMITE REPAIRS and FUMIGATION (May 2026), and fully compliant SB721 BALCONY and WALKWAY RE-COATINGS. Additionally, NEW SIEMENS ELECTRICAL SUB-PANELS were installed for all units alongside a NEW FLAT ROOF CARRYING A 10 YEAR WARRANTY (July 2024). This is a rare, turn-key coastal opportunity perfect for a seasoned investor or an owner-user looking for a premium private unit with strong supporting rental income.

16941 Hoskins, Huntington Beach

7852 16th Street, Westminster
$4,450,000
OC26128168 MLS ⋅ Active Status
VERY RARE NEW GROUND UP CONSTRUCTION 4 TOWNHOME STYLE PROPERTY LOCATED ON A LARGE CORNER LOT AVAILABLE FOR SALE. EACH UNIT HAS 4 BEDROOMS AND 4 1/2 BATHS OF AT LEAST 2200SF. WITH ADDRESES 7852,7854,7856,7858 16TH STREET IS ONE OF A KIND 4 UNIT. EACH UNIT IS OVER 2200SF WITH 2 CAR ATTACHED GARAGES, SEPARATE, WATER AND UTILITIES. EACH BEDROOM HAS ITS OWN EN-SUITE BATHROOM. TOTAL OVER 8800 LIVING SF, 16 BEDROOMS EN-SUITE WITH 16 FULL BATHS AND 4 1/2 BATHS. INCREDIBLE OPPORTUNITY TO OWN THIS NEWLY BUILT GEM IN 2022. VERY RARE TO FIND ONE LIKE THIS FOR SALE IN THE LITTLE SAIGON AREA.ONLY FEW MINUTES TO BOLSA CENTRAL AREA WITH ALL SHOPPING, MARKETS,RESTAURANTS,CHURCHES,SCHOOLS. THERE IS GREAT OPPORTUNITY TO MAKE INVESTMENT. ALL UNITS HAS OWN SOLAR AND PAID FOR. ALL UNITS CURRENTLY OCCUPIED WITH EXCELLENT TENANTS. GREAT INVESTMENT AT A GREAT LOCATION AND PRICE.

7852 16th Street, Westminster

10791 Palma Vista, Garden Grove
$3,995,000
OC26124924 MLS ⋅ Active Status
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.

10791 Palma Vista, Garden Grove

119 S Fahrion Place, Anaheim
$8,250,000
OC26126398 MLS ⋅ Active Status
The Courtyard Apartments is a 32-unit apartment property offering a rare opportunity to acquire a sizeable multifamily asset comprised of four separate, but contiguous 8-unit buildings. Built in 1959, the property features a clean and efficient unit mix of all one-bedroom, one-bathroom units, making it well-positioned to serve a broad renter base seeking functional and affordable apartment living. The two-story buildings are improved with pitched roofs, providing both architectural character and long-term ownership appeal. The property also benefits from 32 open surface parking spaces, offering one parking space per units, in addition to ample street parking due to the surrounding lower-density neighborhood. This parking availability is a meaningful advantage for residents and enhances the overall tenant experience. A key operational feature of The Courtyard Apartments is the existing on-site laundry facilities, which provides residents with added convenience while creating an additional income stream for ownership. Further upside exists through the existing washer and dryer hookups already located inside each unit, allowing a new owner the potential to implement in-unit laundry options over time to further enhance tenant appeal and support future rent growth. With its desirable all one-bedroom unit mix, four contiguous 8-unit buildings, ample parking, pitched roofs, on-site laundry, and additional operational upside through existing in-unit washer and dryer hookups, The Courtyard Apartments represents a compelling investment opportunity with strong fundamentals and meaningful value-add potential.

119 S Fahrion Place, Anaheim

9551 9561 Maureen Drive, Garden Grove
$5,095,000
OC26125729 MLS ⋅ Active Status
9551 - 9561 Maureen Drive is a 16-unit multifamily community located in Garden Grove, California. Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two buildings on one parcel, with community amenities including on-site laundry, a spacious central courtyard, and garage and surface parking. Parking is provided through 16 garage spaces and 2 surface spaces, offering ample parking options for residents. Ownership has completed several recent capital improvements and property upgrades, including SB-721 completion in October 2025, walkway decking replacement, gas line replacement at 9551, roof replacement, garage door installation, fascia repairs/repainting, electrical panel/subpanel upgrades, and select interior unit upgrades. These improvements address several exterior, structural, and building system items while helping reduce near-term capital expenditure exposure. Overall, 9551 - 9561 Maureen Drive offers a straightforward all two-bedroom unit mix, functional parking, a shared courtyard layout, and several completed capital improvements to major building systems. The completed improvements and remaining value-add opportunities position the property to benefit from future interior renovations, common-area enhancements, and operational efficiencies under new ownership.

9551 9561 Maureen Drive, Garden Grove

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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