10791 Palma Vista, Garden Grove, CA 92840
10791 Palma Vista, Garden Grove, CA 92840
10791 Palma Vista, Garden Grove, CA 92840
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$3,995,000
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0.44 Acres Lot
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10791 Palma Vista Garden Grove, CA 92840

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Rick Lee

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26124924

HOA Y/N No

Year Built 1961

Annual Tax Amount $30,217

Tax Year 2025

Lot Size 0.440 Acres

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Orange

Area 62 - Garden Grove N Of Chapman, W Of Euclid

Rooms

Other Rooms Shed(s)

Interior

Interior Features Ceiling Fan(s)

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range, Gas Oven, Gas Range, Water Heater

Laundry Common Area

Exterior

Parking Features Asphalt, Covered, Carport, Uncovered

Carport Spaces 16

Fence Block

Pool None

Community Features Curbs, Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Accessibility None

Total Parking Spaces 24

Private Pool No

Building

Lot Description 36-40 Units/Acre, Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 08965106

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 2400.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Prashant Sampat Pacific Avenue Realty 562-841-0227, DRE #01916221
NEARBY SCHOOL & BUSINESS
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