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    12551 Nutwood St Garden Grove, CA 92840

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    For Sale
    $2,445,000

    Renovated apartment building in desirable Garden Grove rental market.

    Lot size:
    0.28 Acres

    Property Features for 12551 Nutwood St

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1960

    Source: Keller Williams Huntington Beach Agent Ruben Khorsandi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Garden Grove Renovated Apartment Building

    This property is located in the desirable rental market of Garden Grove. The asset features 1-bedroom units that have been completely gutted and renovated with new kitchens, bathrooms, and flooring within the last year. The exterior has also been renovated with new paint, entry doors, exterior lighting, newer vinyl windows, and a newer roof. Each unit is retrofitted with AC units, and there is a renovated laundry room for tenants. There is ample on-site parking along with street parking. The property is intended for use as an apartment building, multifamily property, or residential income property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Designopolis Gifts Gift Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -117.950145
    Latitude
    33.780592

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    FAQs

    What type of property is this?
    Apartment building - Renovated apartment building in desirable Garden Grove rental market.
    Where is this apartment building located?
    The property is located at 12551 Nutwood St Garden Grove, CA.
    What is the asking price?
    The asking price for this property is $2,445,000.
    What are key features of this property?
    This property features: - Completely renovated units with **new kitchens, bathrooms, and flooring.**; - Strong in-place rents provide immediate cash flow.; - Exterior renovations include **new paint, entry doors, lighting, vinyl windows, and roof.**
    (949) 683-6662
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    12551 Nutwood St Garden Grove, CA 92840
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    Garden Grove, CA 92840
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12551 Nutwood St Garden Grove, CA 92840
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