13401 El Prado, Garden Grove, California 92840, Garden Grove, 92840 - 0 bed, 0 bath
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Garden Grove, California 92840
Analysis of 13401 El Prado, Garden Grove, California 92840 is currently available with a list price of $1,775,000. 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.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, with Unit A fully remodeled in 2024 and Unit D in 2022. All units feature modern upgrades including stainless steel appliances, LED lighting, and updated HVAC systems. The interiors showcase contemporary finishes like shaker cabinets, stone countertops, and wood-look flooring, with no deferred maintenance reported.
The property features significant capital improvements, including a full remodel of Unit A (2024) and Unit D (2022), plus new appliances, LED lighting, and HVAC updates across all units in 2025.
Centrally located with immediate access to the 22 Freeway and walking distance to Christ Cathedral and major shopping hubs, ensuring consistently high tenant demand and low vacancy rates.
The asset is exceptionally well-maintained with no deferred maintenance and a recently repainted exterior (2023), offering a low-overhead transition for the next owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6970, other record lot size in square feet = 7141.
Units B, C, and D are currently leased at rates below market value due to long-term tenancies, requiring a strategic rent alignment plan to maximize the property's capitalization rate.
With a mix of 3-bedroom and 2-bedroom units on a 7,200 sq ft lot, the high occupant density may lead to parking congestion despite the available garages and carports.
Centrally located in the City of Garden Grove with convenient access to the 22 Fwy, walking distance to Chris Cathedral Church, and just minutes from The Block and other major shopping, dining, and entertainment destinations. This well-maintained 4-unit income property offers a total of approx. 4,000 sq ft of living space on a 7,200 sq ft lot, with no deferred maintenance and strong rental history. Exterior was repainted just 2 years ago. Each unit has been updated over the years, with major improvements recently completed. Unit A – 3BR / 2BA | Approx. 1,200 sq ft | Rent: $2,650 Fully remodeled 1 year ago, Fireplace in living room, Central heat + AC, All new appliances: large refrigerator, stove, laundry combo. All new electrical outlets, switches, and LED lighting. Direct access to 3 covered carport spaces Unit B – 2BR / 2BA | Approx. 950 sq ft | Rent: $1,800 New stove, hood, kitchen sink, LED lighting were installed in March 2025 1-car garage + 2 assigned parking spaces Unit C – 2BR / 2BA | Approx. 950 sq ft | Rent: $1,925. New stove, kitchen hood, central heat, water heater, LED lighting 1-car garage with opener + 1 assigned parking Unit D – 2BR / 2BA | Approx. 950 sq ft | Rent: $2,000 Fully remodeled 3 years ago. Mini split AC with heat. All new appliances including in-unit laundry combo. New central heat installed March 2025. 1-car garage with remote opener + 1 assigned parking Rent Income on Units B,C & D are below the maket rent due to long term tenants. This property is an excellent opportunity for investors seeking stable income, updated units, and a prime Garden Grove location with strong tenant demand.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,028 | 4,021 | 50% |
| Lot Size | 6,970 | 7,405.5 | 50% |
| Price | $1.77M | $1.72M | 50% |
| Price per sq ft | $441 | $428 | 50% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 120 | 50% |
Mar 7, 2026
$1,775,000
Initial Listing