12562 Keel Avenue


This is an opportunity to acquire an 8-unit apartment in Garden Grove. It has been very well-maintained by the owner and a pride of ownership for the last 20 years. This opportunity consists of eight one-bedroom one-bathroom units, and boasts updated windows, and updates added in the units kitchen and bathrooms. This property offers 16% rental upside with great asset security for any investor looking to own in the ever-growing market of Garden Grove. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. The property has on-site laundry facilities and includes 11 parking spaces, 8 carports, and 3 open parking spaces for tenants. The building is individually metered for electricity and is in an opportunity zone.
12562 Keel Avenue, Garden Grove, CA 92843 | Residential Income | Active | 10038 SF Lot | Built 1961 | 2 Stories | MLS# 20612212

Offered at $1,850,000


Parking Spaces: 8 | Pool: No | Heating : Wall Furnace

Meet an expert

Troy Palmquist
Agent | DRE# 01772139


Based on information from California Regional Multiple Listing Service, Inc. as of October 31, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
David Harrington, Matthews Real Estate Investment Services, Source: Local MLS