Well-located triplex in Garden Grove featuring three detached 2-bedroom cottages, each with private yards or patios and ample on-site parking. Rare unit configuration offers strong tenant appeal and privacy more commonly found in single-family rentals.
The property provides a 5.02% CAP rate on current rents with additional value-add upside through rent growth and cosmetic improvements. Located in a quiet residential neighborhood with convenient access to major freeways, retail, dining, and employment centers.
Ideal opportunity for investors seeking stable in-place income with long-term appreciation potential in a supply-constrained Orange County rental market.
Sold for $1,510,000
Listed by: Gould Group Inc • Nick Gould • Contact: 949-996-7976
Bought with: Saxton Realty
$1,510,000
12603 Josephine St, Garden Grove, CA 92841
6beds
4baths
2,626sqft
Triplex
Built in 1942
-- sqft lot
$1,521,600 Zestimate®
$575/sqft
$2,834 Estimated rent
Home value
$1,521,600
$1.40M - $1.64M
$2,834/mo
Zestimate® history
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$9,548/mo
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Ample on-site parking
Zillow last checked:
Listing updated:
Listed by:
Nick Gould DRE #01521955 ng@gouldgroupinc.com,
Gould Group Inc
Bought with:
Brandon Tran, DRE #01996079
Saxton Realty
Source: CRMLS,MLS#: NP26029356
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,626
- Total interior livable area: 2,626 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
- Garage spaces: 2
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: 3
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 10,454 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 21510109
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Garden Grove
Financial & listing details
- Price per square foot: $575/sqft
- Tax assessed value: $331,888
- Annual tax amount: $4,782
- Date on market: 2/9/2026
- Cumulative days on market: 4 days
- Listing terms: Cash,Cash to New Loan
- Tenant pays: Cable TV, Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Sold | $1,510,000+16.2%$575/sqft |
Source:  CRMLS #NP26029356 Report a problem | ||
| 2/26/2026 | Pending sale | $1,299,000$495/sqft |
Source: CRMLS #NP26029356 Report a problem | ||
| 2/17/2026 | Contingent | $1,299,000$495/sqft |
Source: CRMLS #NP26029356 Report a problem | ||
| 2/9/2026 | Listed for sale | $1,299,000$495/sqft |
Source: CRMLS #NP26029356 Report a problem | ||
| 5/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/11/2023 | Listed for rent | $2,400+33.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/12/2019 | Listing removed | $1,795$1/sqft |
Source: Owner Report a problem | ||
| 10/11/2019 | Listed for rent | $1,795$1/sqft |
Source: Owner Report a problem | ||
| 4/19/2018 | Listing removed | $1,795$1/sqft |
Source: Owner Report a problem | ||
| 3/7/2018 | Price change | $1,795-3%$1/sqft |
Source: Owner Report a problem | ||
| 1/3/2018 | Listed for rent | $1,850+32.1%$1/sqft |
Source: Owner Report a problem | ||
| 1/28/2013 | Listing removed | $1,400$1/sqft |
Source: Patricia Palladino #S718509 Report a problem | ||
| 1/8/2013 | Price change | $1,400-3.4%$1/sqft |
Source: Patricia Palladino #S718509 Report a problem | ||
| 12/6/2012 | Listed for rent | $1,450$1/sqft |
Source: Patricia Palladino #S718509 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,782 +2.1% | $331,888 +2% |
| 2024 | $4,682 +2% | $325,381 +2% |
| 2023 | $4,588 +2.3% | $319,001 +2% |
| 2022 | $4,487 +1.1% | $312,747 +2% |
| 2021 | $4,439 +1.3% | $306,615 +1% |
| 2020 | $4,382 | $303,472 +2% |
| 2019 | $4,382 +1.7% | $297,522 +2% |
| 2018 | $4,308 +3.3% | $291,689 +2% |
| 2017 | $4,170 | $285,970 +2% |
| 2016 | $4,170 +4.7% | $280,363 +1.5% |
| 2015 | $3,983 +3.8% | $276,152 +2% |
| 2014 | $3,835 | $270,743 +0.5% |
| 2013 | -- | $269,520 +2% |
| 2012 | -- | $264,236 +2% |
| 2011 | -- | $259,055 +0.8% |
| 2010 | -- | $257,119 -0.2% |
| 2009 | -- | $257,731 +2% |
| 2008 | -- | $252,678 +2% |
| 2007 | -- | $247,724 +2% |
| 2006 | -- | $242,867 +2% |
| 2005 | -- | $238,105 +2% |
| 2004 | -- | $233,437 +1.9% |
| 2003 | -- | $229,159 +2% |
| 2002 | -- | $224,666 +2% |
| 2001 | $2,967 +2.1% | $220,261 +2% |
| 2000 | $2,906 | $215,943 |
Find assessor info on the county website
Neighborhood: 92841
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Nearby schools
GreatSchools rating
- 8/10Stanford Elementary SchoolGrades: K-6Distance: 0.2 mi
- 6/10Alamitos Intermediate SchoolGrades: 7-8Distance: 0.4 mi
- 7/10Rancho Alamitos High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$1,521,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,521,600
- California
- Orange County
- Garden Grove
- 92841
- 12603 Josephine St
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