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

12621 Louise Cir. A-d, Garden Grove, California 92841 home-pic-0

12621 Louise Cir. A-d

Garden Grove, California 92841

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,835Sq Ft
11,413Lot Size

Property Price

LIST PRICE$1,999,900

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

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot3,8353,230.5
50%
Lot Size11,41310,933.5
50%
Price$2.00M$1.75M
50%
Price per sq ft$521$548
50%
Built year19761959
50%
HOA$0$0
50%
Days on market415
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

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