12905 Palm, Garden Grove, California 92840, Garden Grove, 92840 - 0 bed, 0 bath
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12905 Palm
Garden Grove, California 92840
ACTIVE
CONDITION: POOR
0Beds
0Baths
7,397Sq Ft
14,721Lot Size
Property Price
LIST PRICE$3,350,000
SUMMARY
12-unit multifamily property located at 12905 and 12921 Palm Street in Garden Grove, California. The property consists of 12 residential units, each features one bedroom and one bathroom, spread across two parcels. It features on-site parking and a community laundry area, and is conveniently located across the street from Garden Grove Hospital Medical Center and approximately 5 minutes from The Disneyland Resort. The property also offers access to nearby shopping, dining, major streets, and other local amenities.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1959 (65+ years old) and the listing provides no evidence of recent renovations. Exterior images show significant wear, including heavily cracked asphalt and dated carports. Based on the age and lack of updates, the property likely requires a full rehab of kitchens, bathrooms, and major systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Prime Location
The property is exceptionally positioned for high occupancy, located directly across from Garden Grove Hospital Medical Center and just five minutes from the Disneyland Resort, attracting a steady pool of medical professionals and hospitality workers.
- Consistent Unit Mix
Featuring 12 uniform one-bedroom, one-bathroom units across two parcels, the property offers a simplified management structure and a predictable rental model that is highly attractive to multi-family investors.
- Value-Add Amenities
The inclusion of essential on-site parking and community laundry facilities provides a competitive advantage in the local rental market, enhancing tenant retention and supporting long-term asset value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14721, other record lot size in square feet = 7334.
- Vintage Construction
Built in 1959, the property may necessitate higher-than-average maintenance costs or significant capital expenditures to update aging systems and meet modern energy efficiency standards.
- Limited Tenant Demographic
The exclusive focus on one-bedroom units restricts the potential tenant base to individuals or couples, effectively excluding families or renters requiring additional space for home offices.
About 12905 Palm
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1959
- Lot Size
- 14,721 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 7,397 | 6,018 |
| Lot Size | 14,721 | 11,326 |
| Price | $3.35M | $2.85M |
| Price per sq ft | $453 | $473 |
| Built year | 1959 | 1961 |
| HOA | $0 | $0 |
| Days on market | 5 | 112 |
Pricing History
Listed for Sale
Oct 20, 2026
$3,350,000
Initial Listing
Sold
Jun 11, 2004
$1,350,000
Public Record