12603 Josephine Garden Grove, CA $ 1,299,000
12603 Josephine
$ 1,299,000
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12603 Josephine

Garden Grove, CA, 92841
$ 1,299,000
Baths1.0 Sq 2,626

Monthly Estimate*

$ 7,998

Listed by Gould Group Inc
12603 Josephine, Garden Grove, CA 92841 - Image 1
12603 Josephine, Garden Grove, CA 92841 - Image 2
12603 Josephine, Garden Grove, CA 92841 - Image 3
12603 Josephine, Garden Grove, CA 92841 - Image 4
12603 Josephine, Garden Grove, CA 92841 - Image 5
12603 Josephine, Garden Grove, CA 92841 - Image 6
12603 Josephine, Garden Grove, CA 92841 - Image 7
12603 Josephine, Garden Grove, CA 92841 - Image 8
12603 Josephine, Garden Grove, CA 92841 - Image 9
12603 Josephine, Garden Grove, CA 92841 - Image 10
12603 Josephine, Garden Grove, CA 92841 - Image 11
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Studio

Multi-Family Home for sale in Garden Grove, CA

for $1,299,000 with 1 full bath. This 2,626 square foot home was built in 1942 on a lot size of 0.24.

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.

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Multi-Family Contingent

Price

$ 1,299,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.24

Year Built

1942

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

NP26029356

Days on Market

12

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1942
Tenant Pays Cable TV Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 97200
Community Features Biking Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks
County Orange
Net Operating Income 66013
Operating Expense 28271
Insurance Expense 1467
New Construction false
Property Type Residential Income
HOA false
Contingency Please do not disturb tenants. Interior inspections with accepted offer only. Email agent for OM rent roll and financials. Proof of funds and lender pre-approval required with all offers. Information deemed reliable but not guaranteed; buyer to verify all information to their satisfaction.
MaintenanceExpense 6000
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions From the 22 Freeway exit Euclid Street head north turn right on Chapman Avenue then right on Josephine Street. Property will be on the right.
City Garden Grove
Entry Location 3
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 3
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 10454
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2720
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 26
Property Sub Type Additional Triplex
Taxes 16144
Cap Rate 5.02
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Interior
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 8
Lot Size Area 10454
Number of Buildings 3
Spa false
Building Area Total 2626
Lot Size Acres 0.24
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Gould Group Inc

Broker

ng@gouldgroupinc.com

Email

Affordability Calculator

$7,998
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Monthly Principal & Interest
$7,998
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Default based on a 30-year fixed rate of 6.25% 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
2/9/2026$1,299,000 Listed Price

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12603 Josephine, Garden Grove, CA, 92841 is a Multi-Family Home for sale at $1,299,000 with 2,626 sqft and a lot size of 0.24. 12603 Josephine is a studio with 1.0 baths and was built in 1942. The property's zip code is 92841 which is in Garden Grove, CA