The Great Wolf Apartments Multi-Family FOR SALE


Garden Grove, CA
$4,995,000 USD
213-864-2862
, Garden Grove, CA for Sale
$4,995,000 USD
Multi-Family - FOR SALE
1/12
null | 6.11% Cap Rate

The Great Wolf Apartments
Garden Grove, CA


HIGHLIGHTS

  • 16 turnkey units (all 1 Bed / 1 Bath units)
  • Two adjacent 8-unit parcels – eliminates an on-site manager requirement
  • In-unit washer/dryer hookups + on-site laundry for tenant convenience
  • Current cap rate: 6.11% | Year 1 cap: 6.36%
  • Located near Great Oaks Lodge, Disneyland, and major OC employers
  • Extensive capital improvements made in 2025 – offers low-maintenance operations

OVERVIEW

This rare offering consists of 16 turnkey 1-bedroom, 1-bathroom units split across two adjacent 8-unit parcels, eliminating the need for an on-site manager. The property features in-unit washer/dryer hookups, on-site laundry facilities, and has undergone extensive capital improvements in 2025, ensuring low-maintenance operations. Situated on a large 16,835 SF combined lot with ample parking and outdoor space, the property benefits from a prime location near Great Oaks Lodge, Disneyland, and major Orange County employers. With no local rent control—subject only to California AB 1482—it offers investors both rental upside and operational efficiency in a strong rental market. Offering a current cap rate of 6.11%, a Year 1 cap of 6.36%, this asset is well-suited for a 1031 exchange, long-term hold, or passive income strategy.

ASK ABOUT THIS PROPERTY

Patrick SwansonStream Realty Partners, LPMore Info
213-864-2862

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

Patrick SwansonStream Realty Partners, LPMore Info
213-864-2862

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