12561 Camus Ln - Apartments FOR SALE


Garden Grove, CA 92841
$1,949,000 USD
949-463-9892
12561 Camus Ln, Garden Grove, CA for Sale
$1,949,000 USD
Apartments - FOR SALE
1/20
null | 4.33% Cap Rate

12561 Camus Ln
Garden Grove, CA 92841


HIGHLIGHTS

  • ± 24% Rental Upside via Rent Increases + Renovations
  • First Floor Units Enjoy Private Patios
  • Ideal Unit Mix: (2) 2 Bed / 1 Bath & (4) 1 Bed / 1 Bath
  • Each Unit Includes a Garage

OVERVIEW

The Taormina Real Estate Group is pleased to present 12561 Camus Ln, a well-located 6-unit apartment asset in Stanton. The property features a functional unit mix of (2) 2-bedroom, 1-bath units and (4) 1-bedroom, 1-bath units totaling approximately 5,067 square feet. Offered at an attractive basis of $330,833 per unit and $392 per square foot, the asset provides a clear path to income growth. With current rents below market, representing approximately 24% rental upside, the property is well-positioned for a new owner to gradually capture higher rents over time or take advantage of the vacant 1-bedroom unit to accelerate rent growth while maintaining stable in-place income. Located on the border of Stanton and Garden Grove, the property benefits from convenient access to major freeways, nearby employment centers, and everyday retail amenities. 12561 Camus Ln presents a balanced investment opportunity supported by consistent demand fundamentals.

FOR SALE DETAILS

PRICE

$1,949,000 USD

PRICE/SF

$186 USD /SF

# OF UNITS

6

PRICE/UNIT

$324,833

CAP RATE

4.33%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,332 SF

ZONING

R3, Stanton

APN/PARCEL ID

131-592-02

ASK ABOUT THIS PROPERTY

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949-463-9892

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949-463-9892

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