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.
124 days
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204
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6
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Zillow last checked:
Listing updated:
Listed by:
Mark ParubrubDRE #01985365661364-5379,
A + Realty & Mortgage
Source: CRMLS,MLS#: TR26042968Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Heating
Central, Fireplace(s)
Cooling
None
Appliances
Laundry: Common Area
Features
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: 2+ Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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