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10442 Lampson Avenue Garden Grove, CA $ 12,350,000
10442 Lampson Avenue
$ 12,350,000
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10442 Lampson Avenue

Garden Grove, CA, 92840
$ 12,350,000
Baths1.0 Sq 26,700

Monthly Estimate*

$ 77,048

Listed by Marcus & Millichap RE Invest
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Studio

Multi-Family Home for sale in Garden Grove, CA

for $12,350,000 with 1 full bath. This 26,700 square foot home was built in 1963 on a lot size of 0.93.

10442 Lampson Avenue is a 33-unit multifamily community located in Garden Grove, California. Originally built as a 27-unit property, the asset was expanded in 2023 with the addition of six newly constructed accessory dwelling units (ADU), bringing the total to 33 two-bedroom, one-bathroom units. This desirable unit mix appeals broadly to couples, families, and professionals seeking functional layouts in a central Orange County location. The community has benefited from extensive interior renovations, with all of the original units upgraded to include contemporary finishes such as recessed lighting, quartz countertops, shaker-style cabinetry, vinyl flooring, stainless steel ranges with vent hoods, and modern bathroom vanities. Modern ceiling fans, faucets, and fixtures add both style and efficiency to the unit. The six newly built ADUs were designed with similar attention to detail, featuring dual-pane windows, mini-split air conditioning units, mirrored closet doors, quartz countertops, recessed lighting, and matching cabinetry and flooring, ensuring consistency throughout the property. Residents enjoy controlled access with a call box, on-site laundry facilities, and a variety of parking options including carport, garage, and surface spaces. The property is framed by attractive landscaping, and its spacious courtyards present future ownership with the opportunity to enhance common area utilization and add further resident amenities. 10442 Lampson Avenue represents a rare opportunity to acquire a renovated and recently expanded multifamily community in a supply-constrained market. With its consistent two-bedroom unit mix, upgraded interiors, and strategic Garden Grove location, the property offers durable tenant appeal and long-term investment stability.

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Multi-Family Active

Price

$ 12,350,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.93

Year Built

1963

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

OC25214158

Days on Market

103

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 5
Pool Features None
Year Built 1963
Property Subtype Apartment
Gross Income 988106
Community Features Curbs Gutter(s) Sidewalks
County Orange
Net Operating Income 627204
Operating Expense 332092
Insurance Expense 26400
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 26400
Subdivision Name Other
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions Cross Streets of Lampson Avenue & Nutwood Street
City Garden Grove
Entry Location First level
Senior Community Y/N 0
Open Parking Spaces 13
Number Of Units Total 33
MLS Area 63 - Garden Grove S of Chapman W of Euclid
Lot Size Units Acres
Lot Size Square Feet 40510.8
Carport Spaces 10
Carport Y/N 1
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 12530
Fuel Expense 12532
Trash Expense 12530
Water Sewer Expense 12530
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 0605
Property Sub Type Additional Apartment
Taxes 145315
Cap Rate 5.08
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 28
Lot Size Area 0.93
Number of Buildings 3
Building Area Total 26700
Lot Size Acres 0.93
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 33
Number of Separate Electric Meters 33
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

tleeson@marcusmillichap.com

Email

Affordability Calculator

$77,048
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Monthly Principal & Interest
$77,048
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$12,350,000 Listed Price

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10442 Lampson Avenue, Garden Grove, CA, 92840 is a Multi-Family Home for sale at $12,350,000 with 26,700 sqft and a lot size of 0.93. 10442 Lampson Avenue is a studio with 1.0 baths and was built in 1963. The property's zip code is 92840 which is in Garden Grove, CA