12501 Orrway Dr 4 Unit Apartment Building $2,413,145 CAD ($603,286 CAD/Unit) Garden Grove, CA 92841

Martinez and Associates are pleased to present 12501 Orr Way, a 4-unit multifamily investment property located in Garden Grove, California. Situated in a desirable central Garden Grove neighborhood, the property provides residents with convenient access to an abundance of shopping, dining, and entertainment options throughout the surrounding area.
The property is ideally located near many of Orange County's premier employment and entertainment destinations Garden Grove Boulevard, Historic Main Street, Costco, baster Basin Recreational Park, Garden Grove Park, and SteelCraft Garden Grove, while offering convenient access to State Route 22 and Interstate 5 for commuting throughout Orange County.
12501 Orr Way presents a compelling value-add investment opportunity with significant upside through interior renovations. The property's spacious unit mix of
three two-bedroom units and one three-bedroom unit appeals to a broad tenant base while providing investors the opportunity to modernize the interiors and increase rental income. Similar renovated apartment communities throughout Garden Grove have demonstrated strong tenant demand and achieved premium
rental rates with upgrades including quartz countertops, white shaker-style cabinetry, luxury vinyl plank flooring, recessed lighting, modern appliances, updated kitchens and bathrooms, contemporary fixtures, and other interior improvements.