About this home

Discover an exceptional investment opportunity with this charming 5-unit apartment community, perfect for those looking to build generational wealth. Spanning 4,018 square feet, the building is situated on a generous 8,125 square foot lot, offering ample space and possibilities. The property features a well-designed mixture of units to cater to various needs: two 1-bedroom, 1-bathroom units, two spacious 2-bedroom, 1-bathroom units, and one 2-bedroom, 2-bathroom unit. For added convenience, four of the units come with their own attached 1-car garage space, while the larger unit boasts two 1-car garage spaces, ensuring easy access and secure parking. Residents will appreciate the on-site laundry facilities, making daily living more convenient. Recent improvements include the installation of a new water line in 2022, along with notable renovations in Unit 3 featuring new flooring, fresh paint, and an updated kitchen countertop that elevates the living experience. What truly sets this property apart is its rare location - this is the only apartment complex situated within a single-family residential neighborhood, an incredibly important and unique feature that enhances its long-term desirability and investment appeal. The surrounding area offers a quieter residential atmosphere while still being conveniently close to parks, schools, and shops. This unique opportunity allows you to occupy one unit while generating rental income from the other four, maximizing your investment potential. Don't miss the chance to secure this remarkable property!

Facts and features

Schools

• Mitchell Elementary School

  elementary · K-6 · 0.3 mi

  6

• Garden Grove High School

  high · 9-12 · 0.6 mi

  9

• Donald S. Jordan Intermediate School

  middle · 7-8 · 1.0 mi

  8

• Olive Crest Academy

  elementary · K-8 · 0.4 mi

• St. Paul's Lutheran International Language School and Preschool

  middle · 6-8 · 0.4 mi

• St. Columban

  elementary · PK-8 · 0.4 mi

Price history

• Oct 19, 2026 · Price Changed$1,800,000
• May 27, 2026 · Listed$1,850,000
• Jun 20, 2018 · Sold$1,220,000
• Apr 27, 1973 · Sold$56,500

Tax history

• 2025$17,789 tax · $1,415,910 assessed
• 2024$17,442 tax · $1,388,148 assessed
• 2023$17,115 tax · $1,334,246 assessed
• 2022$16,750 tax · $1,308,085 assessed
• 2021$16,573 tax · $1,282,437 assessed
• 2020$16,353 tax · $1,269,288 assessed
• 2019$16,044 tax · $1,244,400 assessed
• 2018$2,511 tax · $102,519 assessed

Where it is