Orange Grove Apartments is an exceptional 78-unit multifamily investment opportunity located in the heart of Orange, California—one of Southern California’s most supply-constrained markets. This institutional-quality asset features a highly desirable unit mix of 100% two-bedroom layouts, 92% configured as townhomes with private patios and garage parking. Recent renovations across 64 units include modern finishes, new appliances, updated flooring, and in-unit washer/dryer combos, providing durability and tenant appeal. Fourteen remaining classic units offer a clear value-add path with minimal risk and proven renovation program already in place. Strategically positioned near major retail, employment cores, and entertainment destinations, the property is just minutes from I-5 and SR-22, delivering exceptional connectivity throughout Orange County. In-place assumable Fannie Mae financing at below-market rates further enhances investment returns, making Orange Grove Apartments a rare opportunity combining income stability, renovation upside, and long-term appreciation in a thriving Orange County market.