13282 Verde St - Apartments FOR SALE


Garden Grove, CA 92844
$2,295,000 USD
714-713-9086
13282 Verde St, Garden Grove, CA for Sale
$2,295,000 USD
Apartments - FOR SALE
1/10
null | 4.38% Cap Rate

13282 Verde St
Garden Grove, CA 92844


HIGHLIGHTS

  • Substantial Upgrades Completed in 2024-2025 to Unit Interiors & the Exterior of the Property
  • Desirable Unit Mix Including 1, One-Bedroom Unit, 2, Two-Bedroom Units, & 1, Three-Bedroom Unit
  • Attractive Property Amenities Including Private Patios or Balconies (with Laundry Hookups) & Ample Garage Parking
  • Steps Away from the Plethora of Retail, Dining, & Entertainment Options at Hanmi Plaza & The Promenade

OVERVIEW

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 13282 Verde Street, a 4-unit multifamily investment property located in Garden Grove, CA. 13282 Verde Street is available in conjunction with 13262 Verde Street, a 4-unit multifamily property located just two parcels down from 13282 Verde Street. Located in central Garden Grove, 13282 Verde Street is uniquely placed in-close proximity of an abundance of popular shops and restaurants situated along Garden Grove Boulevard as well as Garden Grove’s Historic Main Street and the GARDEN AMP. The property is positioned within a 4-mile radius of many of Orange County’s top destinations and major employment hubs including Bella Terra, Disneyland, the Anaheim Convention Center, Little Saigon, and The Outlets at Orange, providing convenient access to top regional amenities. Furthermore, 13282 Verde Street’s proximity to State Route 22 provides residents with convenient access throughout Southern California. Substantially renovated in 2024 & 2025, 13282 Verde Street offers an attractive mix of one, two, and three-bedroom units with high quality upgrades that set it apart from the competition. Upgrades include new quartz countertops, white shaker-style cabinets, modern appliances, recessed lighting, vinyl flooring, fully updated bathrooms, and more. These upgrades have helped current ownership to lease all four units at premium, market-leading rental rates. In summary, 13282 Verde Street’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 all units filled at market-leading rents, 13282 Verde Street represents an attractive opportunity for a new owner seeking a stabilized asset in a highly desirable Garden Grove location. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$558 USD /SF

# OF UNITS

4

PRICE/UNIT

$573,750

CAP RATE

4.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

098-212-45

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.