Garden Grove Multifamily Investment
12221 Peacock Court, Garden Grove, CA 92841
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10-unit multifamily property in a prime Garden Grove location.
Type:Multifamily
Property size:
6,018 SFLot size:
0.26 AcresPrice / SF:
$382/SF- Added:
- Jan 12, 2026
- Days on Market:
- 119
- Last Refresh:
- Mar 16 at 1:37 pm
Property Features for 12221 Peacock Court
General Information
- Standard status
- Active
- Size
- 6,018 SF
- Lot size
- 0.26 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1961
Listing agent Eric Sackler License #01057377
Listing office Coldwell Banker Commercial Los Angeles (310) 207-3712
Listing date Jan 12, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Los Angeles
HighLights
- Prime Garden Grove corner lot location with excellent visibility and strong tenant appeal.
- Value‑add potential through renovations to increase rental income.
- Stable in‑place cash flow with competitive pricing.
- Proximity to major shopping, dining, entertainment, employment centers, and cultural hubs.
- Convenient access to the 22, 5, and 405 freeways.
- Oversized 11,292 square‑foot lot zoned R‑3, offering long‑term value preservation.
Overview
Located in Garden Grove, this two-story, 10-unit multifamily property presents an investment opportunity. Constructed in 1961, the garden-style building offers curb appeal and stable occupancy. The property is situated on a corner lot with an area of 11,292 square feet and is zoned R-3. The building spans 6,018 square feet. The property is located near shopping, dining, entertainment, and employment centers, with access to the 22, 5, and 405 freeways. It is also close to Garden Grove’s cultural hubs and annual festivals. The property benefits from its location surrounded by single-family homes, offering a quieter residential environment. The area's employment base and residential character support occupancy levels and rental rates, driven by tenant demand and access to employment centers and transportation corridors. RUBS collected for 2023 totaled $5,936 and $7,974.38 in 2024. Currently, three units are vacant.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Garden Grove
- County
- Orange
- State
- California
- Longitude
- -117.963251
- Latitude
- 33.785143
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FAQs
What type of property is this?
Apartment building - 10-unit multifamily property in a prime Garden Grove location.
Where is this apartment building located?
The property is located at 12221 Peacock Court Garden Grove, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime Garden Grove corner lot location with excellent visibility and strong tenant appeal.; Value‑add potential through renovations to increase rental income.; Stable in‑place cash flow with competitive pricing.
