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$14,000,000
10 Days On Site

12341 Lewis Street
Garden Grove, CA 92840

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
34,384
SqFt
$407
/SqFt
1963
Built
County:
Orange
Listed by Tyler Leeson of Marcus & Millichap RE Invest [email protected]
Call Now: 858.282.3252
Is this the home for you? We can help make it yours.
858.282.3252
12341 Lewis Street12341 Lewis Street12341 Lewis Street12341 Lewis Street
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Monthly Payment (Est.)

$63,874
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Garden Walk is a one of a kind 36-unit multifamily investment opportunity located in Garden Grove, CA. Located on the border of Anaheim, Garden Grove, and Orange, Garden Walk is uniquely placed in-close proximity of Orange County’s top destinations and major employment hubs including Disneyland, the Anaheim Convention Center, Angel Stadium, the Honda Center, The Outlets at Orange, and UCI Medical Center, all of which are situated within 2 miles of the property. Furthermore, Garden Walk’s proximity to the Anaheim Regional Transportation Intermodal Center (ARTIC) and the 5, 57, and 22 Interchange provides residents with convenient access throughout Southern California. Garden Walk offers an attractive mix of one and two-bedroom units, of which 28 feature single-story construction and 8 feature two-story townhome construction. This diverse mix of floor plans helps Garden Walk appeal to a broad renter pool. The property, built in 1963 on a spacious 2.42-acre parcel offers a new owner the unique opportunity to take advantage of existing open and amenity space to construct accessory dwelling units (ADU), substantially increasing cashflow. Garden Walk features desirable amenities including gated access, a swimming pool with a spacious pool-side pavilion, two on-site laundry facilities, and ample carport and surface parking spaces. Additionally, each unit at the property features a spacious private patio, an in-demand amenity for rental units. In summary, Garden Walk’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, Garden Walk represents an attractive opportunity for a new owner seeking well located units.

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Listing Snapshot
Price 
$14,000,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
34,384 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.42 Acres
Year Built 
1963
MLS® Number 
OC25077191
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
2.42
Carport 
36
Number Of Stories 
2
Parking Spaces 
72
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
34384
Stories 
Two
Water Source 
Public
Zoning 
R3
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
Community
Community Features
Building Access 
First level
Community Features 
CurbsSidewalksPool
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
699 - Not Defined


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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