12603 Josephine, Garden Grove, CA 92841

$1,510,000
Add to Favorites Request Information New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites
Sold Price
$1,510,000
List Price
$1,299,000
Status
CLOSED
Days on Market
4
Closing Date
Mar 04, 2026
MLS#
NP26029356
Subtype
Residential Income
Year Built
1942
Lot Size
10,454
Acres
0.24
MLS Area Major
Not Defined (699)
Contact Us View on Map New Search

Property Description

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.

Contact Us
Search All Properties

Additional Information

Heating
Wall Furnace
Stories
One Level
Levels
One
Pool Type
None
Parking Features
Assigned
Garage Spaces
2
View
None
Request Info Add to Favorites
Add to Favorites Request Information New Search

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nick Gould (ng@gouldgroupinc.com) from Listing Office: Gould Group Inc.

Selling Office: Saxton Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.