10442 Lampson 33 Garden Grove, CA $ 12,000,000
10442 Lampson 33
$ 12,000,000
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10442 Lampson 33

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

Monthly Estimate*

$ 75,769

Listed by Seven Gables Real Estate
10442 Lampson 33, Garden Grove, CA 92840 - Image 1
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Studio

Multi-Family Home for sale in Garden Grove, CA

for $12,000,000 with 1 full bath. This 26,700 square foot home was built in 1963 on a lot size of 0.9292.

10442 Lampson Avenue is a 33-unit apartment community in Garden Grove, California, offering an all two-bedroom, one-bathroom unit mix. The property underwent extensive recent capital improvements in 2022. This includes full renovations of all original 900-square-foot units, and the addition of six newly constructed ADUs. Ownership has invested heavily in improving the property with interior upgrades consisting of shaker cabinets, quartz countertops, vinyl plank flooring, recessed lighting, stainless steel ranges with vent hoods, updated bathroom vanities, dual-pane windows, mini-split air conditioning, and modern fixtures. The result is a cohesive community with updated interiors across all 33 units. This combination of desirable floor plans, premium interior upgrades, and consistent unit mix attracts a broad tenant base seeking quality housing in a central Orange County location. The property also features controlled access with a call box, on-site laundry facilities, and a mix of garage, carport, and surface parking. Well-maintained landscaping and open courtyard areas provide an attractive environment for residents while offering future ownership the opportunity to further enhance the common areas. Combining spacious floor plans, recent significant capital improvements, and a desirable Garden Grove location, 10442 Lampson Avenue presents a strong long-term multifamily investment with stable tenant demand.

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Multi-Family Active

Price

$ 12,000,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.9292

Year Built

1963

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

OC26165842

Days on Market

1

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 5
Pool Features None
Year Built 1963
Stories Count 2
Levels Two
Unit Number 33
Property Subtype Apartment
Gross Income 959001
Community Features Curbs Gutter(s) Sidewalks
County Orange
Net Operating Income 648101
Operating Expense 304380
Insurance Expense 16699
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 23839
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets of Lampson Avenue & Nutwood Street
City Garden Grove
Entry Location Ground Level
Senior Community Y/N false
Open Parking Spaces 13
Number Of Units Total 33
MLS Area 63 - Garden Grove S of Chapman W of Euclid
Lot Size Units Square Feet
Lot Size Square Feet 40477
Carport Spaces 10
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 2568
Fuel Expense 10419
Trash Expense 20274
Water Sewer Expense 16048
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 0605
Property Sub Type Additional Apartment
Taxes 141036
Cap Rate 5.4
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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
Parking Features Covered Carport Detached Carport Door-Single Garage
Lot Features Street Level
Water Source Public
Total Parking 28
Lot Size Area 40477
Number of Buildings 3
Building Area Total 26700
Lot Size Acres 0.9292
Private Pool false
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
Seven Gables Real Estate

Broker

johnclydeallen@gmail.com

Email

Affordability Calculator

$75,769
Per Month
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Monthly Principal & Interest
$75,769
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Default based on a 30-year fixed rate of 6.49% 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
8/3/2026$12,000,000 Listed Price

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10442 Lampson 33, Garden Grove, CA, 92840 is a Multi-Family Home for sale at $12,000,000 with 26,700 sqft and a lot size of 0.9292. 10442 Lampson 33 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