12621 Louise Cir. A-d, Garden Grove, California 92841, Garden Grove, 92841 - bed, bath

12621 Louise Cir. A-d
Garden Grove, California 92841
Property Price
SUMMARY
Analysis of 12621 Louise Cir. A-d, Garden Grove, California 92841 is currently available with a list price of $1,999,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Garden Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a fully remodeled turnkey fourplex featuring modern, high-quality finishes throughout all units. Renovations include new shaker-style cabinetry, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and updated bathrooms. With upgraded electrical panels, newer water heaters, and brand-new garage doors, the property meets the criteria for excellent condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovations
The property is fully remodeled with updated kitchens, bathrooms, flooring, and double-paned windows, significantly reducing immediate capital expenditure requirements for an investor.
- Exceptional Parking Capacity
With 12 total on-site spaces including 5 garages and 6 open spaces, the property offers a rare and highly valuable amenity that commands premium rents and ensures high tenant retention.
- Strong Cash Flow & Unit Mix
Generating nearly $11,000 monthly with a 5% cap rate and a diverse mix including a rare 3-bedroom unit, this asset provides immediate stability and competitive returns.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11413, other record lot size in square feet = 11279.
- Limited Value-Add Upside
Because the property is already fully renovated and achieving premium market rents, there is little room for forced appreciation or significant rent increases in the near term.
- High Acquisition Cost
The nearly $2 million price point represents a high barrier to entry, which may limit the pool of potential buyers to well-capitalized 1031 exchange investors.
About 12621 Louise Cir. A-d
Rare Turnkey Fourplex with Strong Cash Flow and Upside on a Quiet Cul-de-Sac Situated on an oversized 11,400+ sq ft lot, this fully remodeled income property generates nearly $11,000 per month in rental income with an approximate 5% cap rate—an excellent opportunity for investors and 1031 exchange buyers seeking stable returns. The property features a highly desirable and flexible unit mix with two downstairs and two upstairs units: Downstairs: One 3-bedroom, 2-bath unit and One 1-bedroom, 1-bath unit Upstairs: Two 2-bedroom, 2-bath units All four units have been completely remodeled with new flooring, updated kitchens, double-paned windows, fresh interior paint and remodeled bathrooms, resulting in strong tenant demand, premium rents, and long-term, stable occupancy. Extensive capital improvements enhance long-term value and reduce operating risk, including: new upgraded electrical panel, newer exterior paint, newer water heater, and five brand-new garage doors with openers. Exceptional parking: 5 garages, 1 covered space, 6 on-site open spaces, plus ample street parking—an uncommon and highly valuable feature for multi-unit properties. Located in a peaceful residential setting yet close to major freeways, shopping, and dining, this property combines turnkey condition, strong current income, and long-term appreciation potential in one of Garden Grove’s most in-demand rental markets.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1976
- Lot Size
- 11,413 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,835 | 3,230.5 | 50% |
| Lot Size | 11,413 | 10,933.5 | 50% |
| Price | $2.00M | $1.75M | 50% |
| Price per sq ft | $521 | $548 | 50% |
| Built year | 1976 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 15 | 50% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,999,900
Initial Listing
Sold
Aug 27, 2021
$1,740,000
Public Record
Sold
Oct 16, 2019
$1,380,000
Public Record
Sold
Oct 30, 2014
$1,000,000
Public Record




























