Turnkey Fourplex on Oversized
For Sale
Contact for pricing
12621 Louise Cir., Garden Grove, CA 92841
Remodeled fourplex generating nearly $11,000 monthly income.
Property SizeContact for details
Lot Size0.26 Acres
Days on Market160
Property Features for 12621 Louise Cir.
General Information
Standard status
Active
Lot size
0.26 Acres
Property subtype
Multifamily
Zoning
Estimated
Building Details
Buildings
1
Stories
2
Units
4
Listing Agency:
Future Realty, Inc.
Listed By:
Quynh Nguyen · License #01492735
Source:
Crexi
Added: Mar 3
Changed: Aug 8
Last Checked: Aug 9 at 11:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Future Realty, Inc.
Investment Insights
Based on property information with market context.
This fully remodeled fourplex is situated on an oversized 11,400+ sq ft lot on a quiet cul-de-sac. The property generates nearly $11,000 per month in rental income, offering an approximate 5% cap rate. The unit mix includes two downstairs units: one 3-bedroom, 2-bath unit and one 1-bedroom, 1-bath unit; and two upstairs units: two 2-bedroom, 2-bath units. All four units have been completely remodeled with new flooring, updated kitchens, double-paned windows, fresh interior paint, and remodeled bathrooms. Capital improvements include a new upgraded electrical panel, newer exterior paint, a newer water heater, and five new garage doors with openers. Parking includes 5 garages, 1 covered space, and 6 on-site open spaces, plus ample street parking. The property is located in a peaceful residential setting, close to major freeways, shopping, and dining. This property is located in Garden Grove's rental market.
Key Highlights
- Strong cash flow (nearly $11,000/month) with an approximate 5% cap rate.
- Fully remodeled units with new flooring, updated kitchens, double‑paned windows, fresh paint, and remodeled bathrooms.
- Desirable unit mix: one 3‑bedroom/2‑bath, one 1‑bedroom/1‑bath, and two 2‑bedroom/2‑bath units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
Explore this area
Business Placement
Demographics for 92841, CA
34,376
Population
9,813
Households
3.5
Avg Household Size
39
Median Age
22%
College-Educated
75%
High-School Grad
4.6 sq mi
ZIP Area
7,473
Density / Sq Mi
$81,975
Median Household Income
$36,900
Median Earnings
$1,983
Median Rent
$766,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Remodeled fourplex generating nearly $11,000 monthly income.
Where is this quadplex located?
The property is located at 12621 Louise Cir. Garden Grove, CA.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: Strong cash flow (nearly $11,000/month) with an approximate 5% cap rate.; Fully remodeled units with new flooring, updated kitchens, double‑paned windows, fresh paint, and remodeled bathrooms.; Desirable unit mix: one 3‑bedroom/2‑bath, one 1‑bedroom/1‑bath, and two 2‑bedroom/2‑bath units.
