12341 Lewis Street
Garden Grove, CA 92840
2.42 acres | #OC25077191
Description
Garden Walk is a one of a kind 36-unit multifamily investment opportunity located in Garden Grove, CA. Located on the border of Anaheim, Garden Grove, and Orange, Garden Walk is uniquely placed in-close proximity of Orange County’s top destinations and major employment hubs including Disneyland, the Anaheim Convention Center, Angel Stadium, the Honda Center, The Outlets at Orange, and UCI Medical Center, all of which are situated within 2 miles of the property. Furthermore, Garden Walk’s proximity to the Anaheim Regional Transportation Intermodal Center (ARTIC) and the 5, 57, and 22 Interchange provides residents with convenient access throughout Southern California. Garden Walk offers an attractive mix of one and two-bedroom units, of which 28 feature single-story construction and 8 feature two-story townhome construction. This diverse mix of floor plans helps Garden Walk appeal to a broad renter pool. The property, built in 1963 on a spacious 2.42-acre parcel offers a new owner the unique opportunity to take advantage of existing open and amenity space to construct accessory dwelling units (ADU), substantially increasing cashflow. Garden Walk features desirable amenities including gated access, a swimming pool with a spacious pool-side pavilion, two on-site laundry facilities, and ample carport and surface parking spaces. Additionally, each unit at the property features a spacious private patio, an in-demand amenity for rental units. In summary, Garden Walk’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, Garden Walk represents an attractive opportunity for a new owner seeking well located units.
Property Details
- Property TypeMulti-Family
- Lot DescriptionStreetLevel
- Sewer InformationPublicSewer
- Original List Price$14,000,000
- MLS #OC25077191
- MLS #OC25077191
- Property SubtypeApartment
- Cost14000000
- Utility SourcePublic
- CountyOrange
- Acres2.42
- Year Built1963
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Tyler Leeson (#OCLEESTYL)
Listing Office: Marcus & Millichap RE Invest (#H05626)

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