$3,995,000
10791 Palma Vista, Garden Grove CA 92840
Multi-Family (16 Units)
Property type
1 day
On market
$398
Price per sqft
0 cars
Garage
1961
Year built
19,166 sqft
Lot size
Home highlights
Open Houses
Overview
Rare 16-unit multifamily offering in prime central Garden Grove. Two adjacent, contiguous 8-unit buildings (10791 & 10811 Palma Vista Ave) sold together as a single package across APNs 089-651-06 and 089-651-07 — combined ~19,166 SF site, just west of Euclid between Katella and Orangewood, minutes from the 5 & 22 freeways, Disneyland, and the Garden Walk district. The...
Listing provided by: Prashant Sampat DRE #01916221, Pacific Avenue Realty
Listing updated: Jun 10, 2026 at 08:46pm.
Last checked: Jun 10, 2026 at 09:30pm
Source: CRMLS #OC26124924
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,625 | $1,625 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,625 | $1,625 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,625 | $1,625 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,625 | $1,625 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $2,000 | $2,000 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $2,000 | $2,000 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,625 | $1,625 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,500 | $1,500 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $2,000 | $2,000 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,625 | $1,625 | $2,000 | Unfurnished |
| 2 | 1 | 1 | — | $1,625 | $1,625 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,850 | $1,850 | $2,000 | Unfurnished |
| 3 | 1 | 1 | — | $2,000 | $2,000 | $2,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 16
Separate Electric Meters: 17
Separate Gas Meters: 17
Separate Water Meters: 0
Ranges: 16
Rent Control: No
Units Leased: 16
Total Actual Rent: $28,350
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.7x
List Price / Annual Gross Rent
Cap Rate
5.56%
NOI / List Price
Gross Scheduled Income: $340,200
Vacancy Allowance: $10,206
Vacancy Allowance Rate: 3%
Operating Expense: $112,733
Net Operating Income: $222,061
Annual Operating Expenses
Electric: $1,800
Gardener: $3,600
Fuel: $2,400
Insurance: $14,400
Maintenance: $12,800
New Taxes: $46,702
Pest Control: $600
Professional Management: $13,392
Trash: $3,840
Water / Sewer: $13,200
Interior
Interior Features: Ceiling Fans
Flooring: Tile, Vinyl
Cooling: Wall Window Units
Heating: Natural Gas, Wall Furnace
Appliances: Free Standing Range, Gas Oven, Gas Range, Water Heater
Fireplace: None
Laundry: Common Area
Accessibility: None
Entry Location: 1
Exterior
Architectural Style: Traditional
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Shingle
Window Features: Screens
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Thirty Six To Forty Units Acre, Level
Pool: None
Spa: None
Fencing: Block
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Other Structures: Sheds
Garage and Parking
Parking: Asphalt, Covered, Carport, Uncovered
Garage Spaces: 0
Uncovered Spaces: 8
Carport Spaces: 16
Parking Total: 24
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 08965106
Additional Parcels: Yes
Tax Lot: 20
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Street Lights, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 10791 Palma Vista, Garden Grove, CA 92840. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,196,000
Total Interest
$4,076,322
Total Payment
$7,272,322
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,512
per month
Property History for 10791 Palma Vista
Garden Grove Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92840.
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