Description

Presenting the Park Avenue Apartments, an exceptional four-unit multifamily community located in the highly desirable city of Garden Grove. Strategically positioned near the major intersection of Brookhurst Street and Garden Grove Boulevard, this property benefits from excellent visibility in a robust rental market recognized for historically high occupancy and steady rent growth. Situated on a 6,970-square-foot lot, the 4,355-square-foot building features a highly attractive unit mix comprised entirely of two-story, townhouse-style units (2 bedrooms / 1.5 bathrooms). Residents enjoy premium amenities that encourage long-term tenancy, including large private patios, in-unit washer/dryer hookups, and ample on-site parking with enclosed garages. Conveniently located just minutes from major freeways, retail centers, employment hubs, and entertainment, this complex offers an incredible opportunity to acquire a stable, turn-key asset with realistic value-add potential and immediate upside in rents.