$1,595,000
9 bd · 8 ba · · 8,089 sqft lot
12501 Orrway Dr, Garden Grove, CA 92841
Multi-family · Built 1964 ·
$9,769/mo est. payment
- Garage
- 4 cars
- Stories
- 2
Flood factor 1/10
About this home
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.
Facts and features
Bedrooms
- Bedrooms: 9
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: 2-5 Units/Acre
- Lot Size Acres: 0.1857
- Lot Size Source: Assessor
- Lot Size Square Feet: 8089
Garage and Parking
- Garage Spaces: 4
- Parking Total: 4
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Gardener Expense: 1200
- Maintenance Expense: 4000
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 4
- Bedrooms in Unit-1: 3
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 2
- Total Bathrooms in Unit-2: 2
- Full Bathrooms in Unit-1: 2
- Full Bathrooms in Unit-2: 2
Rental Info
- Gross Income: 88538
- Gross Scheduled Income: 89730
- Rent Control: No
Schools
- 7
Wakeham Elementary School
elementary · K-6 · 0.5 mi
- 6
Alamitos Intermediate School
middle · 7-8 · 0.7 mi
- 9
Pacifica High School
high · 9-12 · 1.0 mi
Lampson Grove Day
elementary · K-5 · 0.3 mi
Lampson Grove Day
elementary · K-5 · 0.3 mi
- 7
Ernest O. Lawrence Elementary School
elementary · K-6 · 0.5 mi
Price history
- Oct 13, 2026 · Price Changed$1,595,000
- Sep 2, 2026 · Listed$1,750,000
Tax history
- 2025$3,430 tax · $179,249 assessed
- 2024$3,309 tax · $175,735 assessed
- 2023$3,239 tax · $168,912 assessed
- 2022$3,169 tax · $165,600 assessed
- 2021$3,139 tax · $162,353 assessed
- 2020$3,095 tax · $160,689 assessed
- 2019$3,051 tax · $157,539 assessed
- 2018$2,996 tax · $154,450 assessed
Home value
$1,732,000
- Collateral Analytics$1,732,000
Where it is
Listed by William Melton · Paez Realty Company · CRMLS
