Home | Orange County | Garden Grove | 92841 | 12221 Peacock Ct
MLS: CRNP26125682 | Status: | Price: $2,960,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 11,326 | 1961 |
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 a highly desirable, high-demand rental submarket, tenants are just minutes away from popular local dining, shopping centers like the Outlets at Orange, and convenient commuter access to the 22 Freeway. Do not miss out on this turnkey Orange County asset with unmatched equity-building potential!
| Field | Value |
|---|---|
| MLS # | CRNP26125682 |
| MLS Source | California Regional MLS |
| Days on Site | 6 |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Randall Mycorn
R L M Equities
License #: 02078223
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
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This listing information is up-to-date as of June 09, 2026. For the most current information, please contact Randall Mycorn.