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13262 Verde Street Garden Grove, CA $ 2,145,000
13262 Verde Street
$ 2,145,000
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13262 Verde Street

Garden Grove, CA, 92844
$ 2,145,000
Baths1.0 Sq 4,218

Monthly Estimate*

$ 13,382

Listed by Marcus & Millichap RE Invest
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Studio

Multi-Family Home for sale in Garden Grove, CA

for $2,145,000 with 1 full bath. This 4,218 square foot home was built in 1963 on a lot size of 0.22.

13262 Verde Street is a 4-unit multifamily investment property located in Garden Grove, CA. Located in central Garden Grove, 13262 Verde Street is uniquely placed in-close proximity of an abundance of popular shops and restaurants situated along Garden Grove Boulevard as well as Garden Grove’s Historic Main Street and the GARDEN AMP. The property is positioned within a 4-mile radius of many of Orange County’s top destinations and major employment hubs including Bella Terra, Disneyland, the Anaheim Convention Center, Little Saigon, and The Outlets at Orange, providing convenient access to top regional amenities. Furthermore, 13262 Verde Street’s proximity to State Route 22 provides residents with convenient access throughout Southern California. Substantially renovated in 2024 & 2025, 13262 Verde Street offers an attractive mix of one, two, and three-bedroom units with high quality upgrades that set it apart from the competition. Upgrades include new quartz countertops, white shaker-style cabinets, modern appliances, recessed lighting, vinyl flooring, modern ceiling fans, fully updated bathrooms, and more. These upgrades have helped current ownership to lease all four units at premium, market-leading rental rates. In summary, 13262 Verde Street’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With all units filled at market-leading rents, 13262 Verde Street represents an attractive opportunity for a new owner seeking a stabilized asset in a highly desirable Garden Grove location.

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Multi-Family Active

Price

$ 2,145,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.22

Year Built

1963

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

OC25252746

Days on Market

48

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 5
Pool Features None
Year Built 1963
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 146820
Community Features Curbs Gutter(s) Street Lights Sidewalks
County Orange
Net Operating Income 98095
Operating Expense 44320
Insurance Expense 4200
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 3000
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions Cross Streets of Verde Street & Central Avenue
City Garden Grove
Entry Location First level
Senior Community Y/N 0
Number Of Units Total 4
MLS Area 699 - Not Defined
Lot Size Units Acres
Lot Size Square Feet 9583.2
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 1971
Fuel Expense 1971
Trash Expense 1971
Water Sewer Expense 1971
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 17
Property Sub Type Additional Apartment
Taxes 25210
Cap Rate 4.57
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 5
Lot Size Area 0.22
Number of Buildings 1
Building Area Total 4218
Lot Size Acres 0.22
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 0
Number of Separate Electric Meters 4
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

tleeson@marcusmillichap.com

Email

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$13,382
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Monthly Principal & Interest
$13,382
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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$2,145,000 Listed Price

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13262 Verde Street, Garden Grove, CA, 92844 is a Multi-Family Home for sale at $2,145,000 with 4,218 sqft and a lot size of 0.22. 13262 Verde Street is a studio with 1.0 baths and was built in 1963. The property's zip code is 92844 which is in Garden Grove, CA