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Multifamily

13262 Verde St

13262 Verde St, Garden Grove, CA 92844

Listing Price: $2,195,000

Cap Rate
4.64%
Number of Units
4
GRM
14.95
Price/Unit
$548,750
Price/Gross SF
$520.39
Gross SF
4,218

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the
opportunity to acquire 13262 Verde Street, a 4-unit multifamily investment property located in
Garden Grove, CA. 13262 Verde Street is available in conjunction with 13282 Verde Street, a 4-unit
multifamily property located just two parcels down from 13262 Verde Street.

Located in central Garden Grove, 13262 Verde Street is uniquely placed in-close proximity of an
abundance of popular shops and restaurants situated along Garden Grove Boulevard as well as
Garden Grove’s Historic Main Street and the GARDEN AMP. The property is positioned within a
4-mile radius of many of Orange County’s top destinations and major employment hubs including
Bella Terra, Disneyland, the Anaheim Convention Center, Little Saigon, and The Outlets at Orange,
providing convenient access to top regional amenities. Furthermore, 13262 Verde Street’s proximity
to State Route 22 provides residents with convenient access throughout Southern California.

Substantially renovated in 2024 & 2025, 13262 Verde Street offers an attractive mix of one, two, and
three-bedroom units with high quality upgrades that set it apart from the competition. Upgrades
include new quartz countertops, white shaker-style cabinets, modern appliances, recessed
lighting, vinyl flooring, modern ceiling fans, fully updated bathrooms, and more. These upgrades
have helped current ownership to lease all four units at premium, market-leading rental rates.

In summary, 13262 Verde Street’s fantastic location offers residents access to a variety of
employment, transportation, and retail amenities, all of which will attract a diverse renter pool.
With all units filled at market-leading rents, 13262 Verde Street represents an attractive opportunity
for a new owner seeking a stabilized asset in a highly desirable Garden Grove location.

Investment Highlights

  • Substantial Upgrades Completed in 2024-2025 to Unit Interiors & the Exterior of the Property
  • Desirable Unit Mix Including 1, One-Bedroom Unit, 2, Two-Bedroom Townhome Units, & 1, Three-Bedroom Unit
  • Attractive Property Amenities Including Private Patios or Balconies (with Laundry Hookups) & Ample Garage Parking
  • Steps Away from the Plethora of Retail, Dining, & Entertainment Options at Hanmi Plaza & The Promenade

Exclusively Listed By

Multifamily

13262 Verde St

Listing Price: $2,195,000

Cap Rate
4.64%
Number of Units
4
GRM
14.95
Price/Unit
$548,750
Price/Gross SF
$520.39
Gross SF
4,218

Investment Highlights

  • Substantial Upgrades Completed in 2024-2025 to Unit Interiors & the Exterior of the Property
  • Desirable Unit Mix Including 1, One-Bedroom Unit, 2, Two-Bedroom Townhome Units, & 1, Three-Bedroom Unit
  • Attractive Property Amenities Including Private Patios or Balconies (with Laundry Hookups) & Ample Garage Parking
  • Steps Away from the Plethora of Retail, Dining, & Entertainment Options at Hanmi Plaza & The Promenade

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 13262 Verde Street, a 4-unit multifamily investment property located in Garden Grove, CA. 13262 Verde Street is available in conjunction with 13282 Verde Street, a 4-unit multifamily property located just two parcels down from 13262 Verde Street. Located in central Garden Grove, 13262 Verde Street is uniquely placed in-close proximity of an abundance of popular shops and restaurants situated along Garden Grove Boulevard as well as Garden Grove’s Historic Main Street and the GARDEN AMP. The property is positioned within a 4-mile radius of many of Orange County’s top destinations and major employment hubs including Bella Terra, Disneyland, the Anaheim Convention Center, Little Saigon, and The Outlets at Orange, providing convenient access to top regional amenities. Furthermore, 13262 Verde Street’s proximity to State Route 22 provides residents with convenient access throughout Southern California. Substantially renovated in 2024 & 2025, 13262 Verde Street offers an attractive mix of one, two, and three-bedroom units with high quality upgrades that set it apart from the competition. Upgrades include new quartz countertops, white shaker-style cabinets, modern appliances, recessed lighting, vinyl flooring, modern ceiling fans, fully updated bathrooms, and more. These upgrades have helped current ownership to lease all four units at premium, market-leading rental rates. In summary, 13262 Verde Street’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With all units filled at market-leading rents, 13262 Verde Street represents an attractive opportunity for a new owner seeking a stabilized asset in a highly desirable Garden Grove location.

Exclusively Listed By

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