12621 Louise Cir. Cir #A-D, Garden Grove, CA 92841 (MLS # PW26043611)
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.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
3/3/2026
|
|
TRACT
|
Other
|
YEAR BUILT
|
1976
|
|
COMMUNITY
|
63 - Garden Grove S of Chapman, W of Euclid
|
GARAGE SPACES
|
5.0
|
|
COUNTY
|
Orange
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Gas Oven |
| AREA |
63 - Garden Grove S of Chapman, W of Euclid |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Central |
| INTERIOR |
Recessed Lighting |
| LOT |
0.262 acre(s) |
| LOT DESCRIPTION |
Back Yard |
| LOT DIMENSIONS |
11413 |
| PARKING |
Assigned, Carport, Garage |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Other |
| UTILITIES |
Electricity Available |
| VIEW |
Yes |
| WATER |
Public |
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Listed with Future Realty, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/3/26 1:21 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2026.
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