13391 Palm Street, Garden Grove, California 92843, Garden Grove, 92843 - 0 bed, 0 bath
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Garden Grove, California 92843
This Quadruplex Income Property is a strategic multi-family asset listed at $1,930,000, reflecting a stable valuation relative to its $1,861,882 Fair Market Value. With a Condition Rating of 4, the property is well-maintained and features essential upgrades like recent repiping for long-term peace of mind. The front unit is delivered vacant, offering a spacious layout with a private patio and fireplace, ideal for maximizing residential financing. Located in the Garden Grove Unified district, it offers high rental appeal. This is a standout choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13391 Palm Street Subject | $1,930,000* List Price | 0 | 0 | 4,492 | $414 | - |
A 12292 Ranchero Avenue 4 Active | $1,950,000 List Price | 8 | 8 | 4,492 | $434 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this quadruplex is described as well-maintained and recently repiped, which addresses major system concerns. However, the exterior images show clear signs of age, including weathered garage doors and dated stucco. The lack of interior photos typically indicates that kitchens and bathrooms are likely functional but outdated, fitting the criteria for a property that is aged but maintained through regular upkeep without recent comprehensive renovations.
The front unit is delivered vacant, allowing a buyer to utilize favorable residential financing terms while benefiting from immediate rental income from the remaining three units.
The property has been recently repiped and is noted as well-maintained, significantly reducing the risk of immediate major plumbing expenses and providing peace of mind for the investor.
Each unit features private outdoor patio space and dedicated parking, with the front unit offering a spacious single-level layout and the end unit providing rare direct garage access.
Built in 1963, the property may require more frequent long-term maintenance or modernization to meet contemporary energy efficiency standards compared to newer developments.
With four units situated on a 7,841 sqft lot, there is limited room for further expansion or additional amenities, which may cap the long-term appreciation potential relative to larger lots.
Rare four-unit multi family property opportunity offering owner occupant flexibility for one of the units (DELIVERED VACANT) and build in income. Welcome to 13391 Palm St in the city of Garden Grove, an opportunity not just for a great investment, but opportunity for owner-occupant who is looking to accomplish benefits of owning a property, while also benefitting from owning an income property. The front unit will be delivered vacant at closing. This can benefit not just traditional investors, but can be advantageous for owner occupants. Owner occupant can take advantage of lower down financing, better financing terms, and the income help already in place with the other units. Well maintained property with long term tenants in place. This multi unit comes with four very unique options that can suit different needs. The front unit differs from the other 3 units with its fireplace and spacious single level floor plan. Features a 2 bed, 2 bath that has a private back patio, along with a wraparound gated front patio space. The two middle units are two stories with 2 bed 1.5 bath, with an open floor plan that creates a spacious layout with both a private back patio, and front patio to match. The end unit, similar to the middle two units, benefits from being the end unit and having direct access to the garage from inside the unit. Each unit has 2 parkings, one covered and one uncovered. Well maintained property, with low operating expenses and recently repiped for peace of mind. In a great location in the heart of Orange county with quick access to freeway and minutes away from Orange counties most desirable destination.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.5 | 50% |
| Baths | 0.0 | 2.0 | 50% |
| Square foot | 4,492 | 3,742 | 50% |
| Lot Size | 7,841 | 5,421.5 | 50% |
| Price | $1.93M | $1.60M | 50% |
| Price per sq ft | $430 | $427 | 50% |
| Built year | 1963 | 1988 | 50% |
| HOA | $0 | $77 | 50% |
| Days on market | 32 | 100 | 50% |
Mar 21, 2026
$1,930,000
Initial Listing
Jun 3, 2008
$780,000
Public Record