$2,290,000
12582 Adelle Street, Garden Grove CA 92841
Multi-Family (5 Units)
Property type
2 days
On market
$483
Price per sqft
8 cars
Garage
1977
Year built
10,223 sqft
Lot size
Home highlights
Open Houses
Overview
Rare pride-of-ownership 5-unit investment opportunity located in a highly desirable West Garden Grove neighborhood comprised primarily of single-family residences and smaller apartment communities. This established residential setting provides enduring resident demand and contributes to long-term investment appeal. Built in 1977, this property has been well maintained and...
Listing provided by: Scott Gerard DRE #01004111 714-345-4223, Gerard Properties Inc.
Listing updated: Jun 5, 2026 at 09:43pm.
Last checked: Jun 5, 2026 at 10:00pm
Source: CRMLS #OC26119486
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $2,195 | $2,195 | $2,250 | Unfurnished |
| 1 | 1 | 1 | — | $2,025 | $2,025 | $2,250 | Unfurnished |
| 1 | 3 | 3 | — | $2,650 | $2,650 | $3,200 | Unfurnished |
| 1 | 2 | 2 | — | $2,525 | $2,525 | $2,650 | Unfurnished |
| 1 | 2 | 2 | — | $2,525 | $2,525 | $2,650 | Unfurnished |
# of Buildings: 3
# of Units Total: 5
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 5
Financial Snapshot
Gross Rent Multiplier
15.4x
List Price / Annual Gross Rent
Cap Rate
4.81%
NOI / List Price
Gross Scheduled Income: $148,380
Operating Expense: $38,261
Net Operating Income: $110,119
Annual Operating Expenses
Electric: $1,100
Fuel: $3,124
Insurance: $4,764
Professional Management: $9,321
Trash: $5,416
Water / Sewer: $3,143
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Door Single, Garage, Garage Door Opener, One Space
Garage Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 21510210
Additional Parcels: No
Tax Lot: 7
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Sidewalks
Nearby Schools
Nearby schools around the 12582 Adelle Street, Garden Grove, CA 92841. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,832,000
Total Interest
$2,336,615
Total Payment
$4,168,615
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,115
per month
Property History for 12582 Adelle Street
Garden Grove Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92841.
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