Price Reduced Listing
$1,595,000
 $8,562 est/mo Sourced by Back At You

12501 Orrway Drive,Garden Grove, CA 92841

Garden Grove, CA 92841

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Description

12501 Orrway is a four-unit multifamily investment property located in Garden Grove, California. The property features a desirable unit mix consisting of three two-bedroom units and one three-bedroom unit, providing broad appeal within the local rental market. Situated in a central Garden Grove neighborhood, the property offers convenient access to shopping, dining, recreation, and major employment centers throughout Orange County. Nearby destinations include Garden Grove Boulevard, Historic Main Street, Costco, Haster Basin Recreational Park, Garden Grove Park, and SteelCraft Garden Grove. Convenient access to State Route 22 and Interstate 5 also provides connectivity throughout Orange County and the greater Southern California region. The property presents a compelling value-add opportunity with potential upside through interior renovations, modernization, and rental optimization. Potential improvements may include updated kitchens and bathrooms, quartz countertops, shaker-style cabinetry, modern appliances, recessed lighting, luxury vinyl plank flooring, and contemporary fixtures and finishes. With its desirable unit mix, established Garden Grove location, access to nearby amenities, and renovation potential, 12501 Orrway offers an opportunity to increase rental income, improve cash flow, and enhance long-term asset value through a strategic improvement program.

Details

MLS #CV26192690
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site53
Listing Provided ByPAEZ REALTY COMPANY | William Melton

Features

SQ Feet4,572
Garage4
Story(s)2
Units4
Building(s)1
Acreage0.19

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
Fireplace Yes / NoNo

Exterior

Lot FeaturesTwo To Five Units Acre

Parking

Garage Yes / NoYes

Utilities

UtilitiesElectricity Available, Natural Gas Available, Sewer Available
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesBiking, Curbs

Area Information

StateCA
CountyOrange
CityGarden Grove
Zip Code92841
Area699 Not Defined
Listing VS Median (in 92841)
Price:
$1,595,000
low | high
Med:
$999,000
87.366771159875% of Average
sqft:
4,572
low | high
Med:
1,316
100% of Average
$ / sqft:
$349
low | high
Med:
$759
67.598117216606% of Average
On site:
53
low | high
Med:
157
33.757961783439% of Average
Sourced by Back At You

Market Activity 92841

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Learn More About This Property

StateCA
CountyOrange
CityGarden Grove
Zip Code92841
Area699 Not Defined
Listing VS Median (in 92841)
Price:
$1,595,000
low | high
Med:
$999,000
87.366771159875% of Average
sqft:
4,572
low | high
Med:
1,316
100% of Average
$ / sqft:
$349
low | high
Med:
$759
67.598117216606% of Average
On site:
53
low | high
Med:
157
33.757961783439% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.196M - $1.993M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
12561 Camus Lane Property Photo 1
$1,700,000
12561 Camus Lane
Stanton, CA 92841
Listing Updated: October 13, 2026 at 1:23:34 PM PDT