United StatesCaliforniaGarden Grove12341 Lewis Street

12341 Lewis Street 12341 Lewis Street Garden Grove, California 92840 United States

$14,000,000
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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 Countys top...

Marcus & Millichap RE Invest

Listing Courtesy of Marcus & Millichap RE Invest, Email/Phone : tleeson@marcusmillichap.com
$14,000,000
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9,793 m²
Exterior
Residential Income
Property type
1963
Year Built
OC25077191
Web Id
OC25077191
MLS ID
Orange Unified
School District
16
days ago

About 12341 Lewis Street

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 Countys 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 Walks 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 Walks 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.

Listing Courtesy of Marcus & Millichap RE Invest, Email/Phone : tleeson@marcusmillichap.com

Amenities

  • Community Pool

features

Parking
Car Port
Community
Sidewalks

PROPERTY INFORMATION

Community Info
Curbs, Gutters, Sidewalks, Pool
Garage Info
0
Pool
Community
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
StreetLevel

ADDITIONAL INFORMATION

Number of Units
36
Listing Courtesy of Marcus & Millichap RE Invest, Email/Phone : tleeson@marcusmillichap.com

Marcus & Millichap RE Invest

Listing Courtesy of Marcus & Millichap RE Invest, Email/Phone : tleeson@marcusmillichap.com
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