$2,960,000
12221 Peacock Court, Garden Grove CA 92841
Multi-Family (10 Units)
Property type
3 days
On market
$492
Price per sqft
0 cars
Garage
1961
Year built
11,326 sqft
Lot size
Open Houses
Overview
Rare Investment Opportunity in Garden Grove! Situated on a prime corner lot in a low-density residential neighborhood, this 10-unit multifamily asset features exceptional curb appeal and a strong mix of studios and one-bedroom units. The property is in exceptional condition, boasting brand-new dual-pane vinyl windows across all units, with three units comprehensively renovated...
Listing provided by: Randall Mycorn DRE #02078223, R L M Equities
Listing updated: Jun 9, 2026 at 09:33pm.
Last checked: Jun 9, 2026 at 11:00pm
Source: CRMLS #NP26125682
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,845 | $1,845 | $1,850 | Unfurnished |
| 1 | 0 | 1 | — | $1,204 | $1,204 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $2,195 | $2,195 | $2,195 | Unfurnished |
| 1 | 1 | 1 | — | $1,999 | $1,999 | $2,195 | Unfurnished |
| 1 | 1 | 1 | — | $1,871 | $1,871 | $2,195 | Unfurnished |
| 1 | 1 | 1 | — | $1,735 | $1,735 | $2,195 | Unfurnished |
| 1 | 1 | 1 | — | $1,800 | $1,800 | $2,195 | Unfurnished |
| 1 | 1 | 1 | — | $1,925 | $1,925 | $2,195 | Unfurnished |
| 1 | 1 | 1 | — | $1,703 | $1,703 | $2,195 | Unfurnished |
| 1 | 1 | 1 | — | $1,680 | $1,680 | $2,195 | Unfurnished |
# of Buildings: 1
# of Units Total: 10
Separate Electric Meters: 11
Separate Gas Meters: 11
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
12.9x
List Price / Annual Gross Rent
Cap Rate
5.3%
NOI / List Price
Gross Scheduled Income: $228,876
Vacancy Allowance Rate: 3%
Operating Expense: $65,589
Net Operating Income: $156,822
Annual Operating Expenses
Electric: $1,000
Gardener: $1,954
Fuel: $3,814
Insurance: $5,416
Maintenance: $5,000
New Taxes: $37,822
Pest Control: $800
Professional Management: $0
Trash: $5,772
Water / Sewer: $3,599
Other Expense: $412
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: Two Common Walls Or More
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 6
Carport Spaces: 4
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 13310249
Additional Parcels: No
Tax Lot: 0
Community
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 12221 Peacock Court, Garden Grove, CA 92841. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,368,000
Total Interest
$3,020,253
Total Payment
$5,388,253
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$18,201
per month
Property History for 12221 Peacock Court
Garden Grove Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92841.
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