12221 Peacock Court
Garden Grove, CA 92841
0
Bed
0
Bath
6,018Sqft
11,326Sqft(Lot)
Rare Investment Opportunity in Garden Grove! Situated on a prime corner lot in a low-density residential neighborhood, this 10-unit multifamily asset features exceptional curb appeal and a strong mix of studios and one-bedroom units. The property is in exceptional condition, boasting brand-new dual-pane vinyl windows across all units, with three units comprehensively renovated in 2026 to include new flooring, scraped ceilings, and updated kitchens and bathrooms. Investors will benefit from immediate stability alongside massive value-add potential, including an immediate 25% upside in current rental income. Additionally, the city has verbally approved the development of an 8-unit ADU structure within the current parking lot area, offering a clear path to adding significant value. Located in
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1961 Building Area Total: 6,018 -
Pool Features
NoneLaundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.26 -
Lot Size Source: Assessor Lot Size Square Feet: 11326
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Listing Price Information
Original List Price: 2,960,000 Listing Contract Date: 2026-06-09 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 13310249
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Northeast Block of Gilbert and Lampson Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Mixed Use -
Building and Construction
Property Age: 65 Common Walls: 2+ Common Walls Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7700 Lampson Avenue #52, Garden Grove, CA, 92841 | $295,000 | 3 | 2 | 960 | 960 SqFt |
| 9961 Aldgate, Garden Grove, CA, 92841 | $980,000 | 4 | 2 | 1,400 | 1,400 SqFt |
| 11192 Biscayne Court, Garden Grove, CA, 92841 | $1,200,000 | 4 | 2 | 1,400 | 1,400 SqFt |
| 9661 9671 Maureen Drive, Garden Grove, CA, 92841 | $4,725,000 | -- | -- | 8,329 | 8,329 SqFt |
| 11642 Barclay, Garden Grove, CA, 92841 | $999,888 | 3 | 2 | 1,371 | 1,371 SqFt |
| 9551 9561 Maureen Drive, Garden Grove, CA, 92841 | $5,150,000 | -- | -- | 13,520 | 13,520 SqFt |
| 9552 Dewey, Garden Grove, CA, 92841 | $1,299,000 | 5 | 4 | 2,305 | 2,305 SqFt |
| 12012 Spencer, Garden Grove, CA, 92841 | $898,000 | 4 | 2 | 1,879 | 1,879 SqFt |
| 11222 Magnolia Street, Garden Grove, CA, 92841 | $1,228,000 | 6 | 2 | 2,609 | 2,609 SqFt |
| 11771 Mac Murray, Garden Grove, CA, 92841 | $1,249,000 | 5 | 3 | 1,681 | 1,681 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 18:53
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