12920 Sycamore Street, Garden Grove, California 92841, Garden Grove, 92841 - bed, bath

12920 Sycamore Street, Garden Grove, California 92841 home-pic-0
ACTIVE$1,995,000
12920 Sycamore Street, Garden Grove, California 92841
0Bed
0Bath
1Sqft
9,583Lot
Year Built
1975
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$1,995,000
HOA
-
Days on market
-
Sold On
-
MLS number
OC25217035
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros.

Exceptional 4-Unit Investment Property in the Heart of Garden Grove. - Outstanding investment opportunity featuring four units with long-term tenants, including Section 8. The property consists of a single-story front unit and three additional units in the rear (two upstairs and one downstairs). - Three of the units showcase cathedral ceilings, designer tile flooring, fireplaces, air conditioning, and granite countertops in the kitchens. The fourth unit features tile and wood laminate flooring. All units include window coverings, spacious living rooms, dining areas, two bedrooms, and one and a half bathrooms. - The front unit offers a private courtyard patio and a covered side patio, while the downstairs rear unit boasts an expansive grassy yard with its own patio. Additional amenities include two shared two-car garages with roll-up doors, two guest parking spaces, and ample street parking. The building also provides a shared driveway, covered courtyard, laundry facility, and landscaped grassy area. - Prime Location! Conveniently situated near Beach Blvd. and Garden Grove Blvd., just minutes from Little Saigon and Koreatown. Easy access to major freeways, restaurants, churches, schools, Rodeo 39, Walmart, H-Mart, Home Depot, Costco & Costco business.

Price History

Date
Event
Price
10/16/25
Listing
$1,995,000
Condition Rating
Good

While the property was built in 1975, the description highlights significant renovations in three of the four units, including granite countertops in the kitchens, designer tile flooring, and air conditioning. These features suggest modern updates that make these units move-in ready. The exterior image also shows a well-maintained property. Although the age of the building (1975) and the lack of specific renovation dates or details on major systems (plumbing, electrical, roof) prevent an 'Excellent' rating, the described interior quality for the majority of units, particularly the kitchens, aligns with a 'Good' condition where some components are updated and the property is functional and well-maintained.
Pros & Cons

Pros

Strong Investment Opportunity: This property is explicitly highlighted as an 'Exceptional 4-Unit Investment Property' with 'Outstanding investment opportunity' featuring four units and long-term tenants, including Section 8, ensuring stable rental income.
Prime Location: Strategically located in Garden Grove near major thoroughfares (Beach Blvd. and Garden Grove Blvd.), with easy access to freeways, Little Saigon, Koreatown, and numerous essential amenities like shopping centers (Walmart, H-Mart, Home Depot, Costco) and dining.
Desirable Unit Features: Three of the four units boast attractive upgrades such as cathedral ceilings, designer tile flooring, fireplaces, air conditioning, and granite countertops in the kitchens, enhancing tenant appeal and potential rental value.
Ample Parking & Shared Amenities: The property offers practical amenities including two shared two-car garages with roll-up doors, two guest parking spaces, ample street parking, a shared driveway, covered courtyard, and a convenient on-site laundry facility.
Private Outdoor Spaces: Specific units benefit from private outdoor areas, with the front unit featuring a private courtyard patio and covered side patio, and the downstairs rear unit offering an expansive grassy yard with its own patio, adding significant tenant appeal.

Cons

Age of Property: Built in 1975, the property is nearly 50 years old, which may imply potential for aging major systems (e.g., plumbing, electrical, roof) that could require significant capital expenditures in the near future, despite some interior updates.
Inconsistent Unit Upgrades: While three units are well-appointed with premium features, one unit is described with only 'tile and wood laminate flooring,' suggesting a potential disparity in finishes and amenities that could affect rental parity or require future investment to standardize.
Limited Information on Major System Condition: The description focuses on cosmetic and tenant-facing amenities but lacks specific details regarding the condition or recent upgrades of critical infrastructure like the roof, HVAC systems for all units, or plumbing/electrical systems, which is a key consideration for a property of this age.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state