Turnkey Fourplex on Oversized
12621 Louise Cir., Garden Grove, CA 92841
Remodeled fourplex generating nearly $11,000 monthly income.
Type:Multifamily
Lot size:
0.26 Acres- Added:
- Mar 3, 2026
- Days on Market:
- 69
- Last Refresh:
- Mar 19 at 9:57 pm
Property Features for 12621 Louise Cir.
General Information
- Standard status
- Active
- Lot size
- 0.26 Acres
- Property subtype
- Multifamily
Listing agent Quynh Nguyen License #01492735
Listing office Future Realty, Inc.
Listing date Mar 3, 2026
Source Crexi
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.
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.
- Extensive capital improvements: new electrical panel, newer exterior paint, newer water heater, and new garage doors with openers.
- Exceptional parking: 5 garages, 1 covered space, 6 open spaces, plus ample street parking.
- Located on a quiet cul‑de‑sac close to freeways, shopping, and dining.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Garden Grove
- County
- Orange
- State
- California
- Longitude
- -117.982709
- Latitude
- 33.779088
Nearby Similar for Sale
FAQs
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.
