12603 JosephineGarden Grove, CA 92841
Well-located triplex in Garden Grove featuring three detached 2-bedroom cottages, each with private yards or patios and ample on-site parking. Rare unit configuration offers strong tenant appeal and privacy more commonly found in single-family rentals. The property provides a 5.02% CAP rate on current rents with additional value-add upside through rent growth and cosmetic improvements. Located in a quiet residential neighborhood with convenient access to major freeways, retail, dining, and employment centers. Ideal opportunity for investors seeking stable in-place income with long-term appreciation potential in a supply-constrained Orange County rental market.
| 2 weeks ago | Listing updated with changes from the MLS® |
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