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13211 Nelson Street

Garden Grove, CA 92843
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Bed 20

Bed

Bath 14

Bath

SqFt11,137

Sqft

SqFt16,795

Sqft(Lot)

Ravenwood Arms presents a rare opportunity to acquire a 14 unit multifamily property in a highly desirable Orange County rental market. Ideally situated near major Southern California destinations, the property offers convenient access to Knott's Berry Farm, Disneyland Resort, shopping centers, restaurants, and everyday conveniences, supporting strong long-term rental demand. The property is centrally located with easy access to major freeways, including the 22, 405, 5, and 55, providing residents with convenient connectivity throughout Orange County and the greater Los Angeles area. The location also boasts a Walk Score of 81/100, with dining, groceries, shopping, and other daily necessities accessible on foot. Originally constructed in 1960, The Ravenwood Arms features an attractive un it mix consisting of six spacious 2 bedroom/1 bathroom apartments and eight 1 bedroom/1 bathroom units. Unit 1 (2Bd/1Ba), as listed on the rent roll, is expected to become vacant in December 2026. A potential market rent of $2,500 has been indicated for the unit. A key component of the investment opportunity is the property's significant rental upside. Current rents are approximately 38% below projected market rents, providing investors with an opportunity to increase rental income and grow property cash flow through the continued implementation of a value-add strategy. Each apartment is individually metered for electricity and gas, while water is master metered. Community amenities include a well-maintained swimming pool and a shared laundry room. The property has benefited from several recent capital improvements, including replacement of decking, stairs, and railings; newer doors and windows; and resealing of the blacktop parking area. The property provides 14 uncovered assigned parking spaces at the rear of the building along with ample nearby street parking. With its desirable Orange County location, functional unit mix, recent property improvements, and access to major employment and entertainment destinations, Ravenwood Arms offers an attractive opportunity for investors seeking a value-add strategy or a long-term multifamily hold.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,400,000

AD Id : 91680382

MLS Id : 26996381

Beds : 20

Lot Size : 16,795 Sq. Ft

Living Area Size : 11,137 Sq. Ft

Year Built : 1960

County : Orange

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Feature Features

  • Bedroom Information

    Total beds: 20

    Bathroom Information

    Total Baths: 14

  • Building Information

    Year Built: 1960
    Building Area Total: 11137
    Stories: 2
    Pool Features: InGround
    Private Pool: No

  • Lot Information

    Lot Dimensions: 123x137 Main Square Feet: 16795 Lot Size Acres: 0.3856 Lot Size Source: Assessor Lot Size Square Feet: 16,795

  • Listing Price Information

    Listing Price: $4400000

  • Tax Information

    Parcel Number: 09908251

  • Location Information

    Direction: 22 Freeway, North on Euclid Street,, West on Trask Avenue, North on Taft Street, West on Paloma Avenue, Merges to Nelson Street, building on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11401 Garden Grove Blvd, Garden Grove, CA, 92843 $1,050,000 3 2 1,680 6,970 Sq. Ft

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ByOwner last updated this listing 10/08/2026 @ 00:12

MLS: 26996381 LISTED BY: Sean Riley, CB Richard Ellis, Inc. SOURCE: CRMLS

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