10791 Palma Vista Garden Grove, CA $ 3,995,000
10791 Palma Vista
$ 3,995,000
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10791 Palma Vista

Garden Grove, CA, 92840
$ 3,995,000
Baths1.0 Sq 10,048

Monthly Estimate*

$ 24,598

Listed by Pacific Avenue Realty
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Studio

Multi-Family Home for sale in Garden Grove, CA

for $3,995,000 with 1 full bath. This 10,048 square foot home was built in 1961 on a lot size of 0.44.

Rare 16-unit multifamily offering in prime central Garden Grove. Two adjacent, contiguous 8-unit buildings (10791 & 10811 Palma Vista Ave) sold together as a single package across APNs 089-651-06 and 089-651-07 — combined ~19,166 SF site, just west of Euclid between Katella and Orangewood, minutes from the 5 & 22 freeways, Disneyland, and the Garden Walk district. The two-story, wood-frame and stucco buildings were built in 1961 and feature spacious one-bedroom / one-bath units averaging approximately 625 SF, with ~10,048 SF total building area across both parcels. Each unit is separately metered for gas and electricity. The property offers 24 parking spaces (16 covered carports plus 8 uncovered) plus on-site coin-operated laundry. Strong value-add opportunity: in-place rents are below current market, with meaningful income upside on unit turnover, plus additional upside through utility cost recovery (water is master-metered). An excellent addition to any Orange County multifamily portfolio. Both parcels to be sold together; not available separately. Buyer to verify all units, square footage, rents, and information to their own satisfaction.

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Multi-Family Active

Price

$ 3,995,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 30,217

Style

Lot Size

0.44

Year Built

1961

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

OC26124924

Days on Market

3

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Shingle
Appliances Free-Standing Range Gas Oven Gas Range Water Heater
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1961
Electric Standard
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Tax Year 2025
Gross Income 345000
Community Features Curbs Street Lights Suburban Sidewalks
Accessibility None
Additional Parcels Description 08965107
County Orange
Net Operating Income 222061
Operating Expense 112733
Insurance Expense 14400
New Construction false
Property Type Residential Income
HOA false
Contingency None / Standard sale.
MaintenanceExpense 12800
Subdivision Name Other
Garage Y/N false
Other Structures Shed(s)
Special Listing Conditions Standard
Status Active
Directions Euclid St & Katella Ave. West of Euclid on Palma Vista between Katella & Orangewood. Min. from 5 & 22 Fwy.
City Garden Grove
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 8
Number Of Units Total 16
MLS Area 62 - Garden Grove N of Chapman W of Euclid
Lot Size Units Square Feet
Lot Size Square Feet 19166
Carport Spaces 16
Carport Y/N true
Number of Units Leased 16
Listing Terms Cash Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 30217
Electric Expense 1800
Current Financing Conventional
Fuel Expense 2400
Trash Expense 3840
Water Sewer Expense 13200
Additional Parcels Y/N true
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 20
Total Actual Rent 28350
Property Sub Type Additional Apartment
Taxes 46702
Cap Rate 5.56
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Screens
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Block
Parking Features Asphalt Covered Carport Uncovered
Lot Features 36-40 Units/Acre Level
Water Source Public
Total Parking 24
Lot Size Area 19166
Number of Buildings 2
Spa false
Building Area Total 10048
Lot Size Acres 0.44
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 17
Number of Separate Electric Meters 17
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* Excluded Features
List By
Pacific Avenue Realty

Broker

psampat23@gmail.com

Email

Affordability Calculator

$27,116
Per Month
91%
9%
0%
Monthly Principal & Interest
$24,598
Monthly Property Taxes
$2,518
Monthly Home Insurance
--
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
6/10/2026$3,995,000 Listed Price

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10791 Palma Vista, Garden Grove, CA, 92840 is a Multi-Family Home for sale at $3,995,000 with 10,048 sqft and a lot size of 0.44. 10791 Palma Vista is a studio with 1.0 baths and was built in 1961. The property's zip code is 92840 which is in Garden Grove, CA