Property

Garden Grove, CA 92843 12292 Ranchero Avenue 4

12292 Ranchero Avenue 4 Garden Grove, CA - Image 112292 Ranchero Avenue 4 Garden Grove, CA - Image 212292 Ranchero Avenue 4 Garden Grove, CA - Image 3
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Presented By: Joseph Lee with Nexteam Real Estate; 714-886-7571
  • MLS# PW26011614
  • 01/16/2026
  • Request Tour
  • Request Info
  • Full/Half Baths • 1 / 1
  • SQFT • 4,492
  • Garage • 4

Home Details

Great Investment Opportunity! This corner lot 4 unit property is located in the highly sought-after city of Garden Grove, offering a rare chance to own a one of a kind income producing property in a prime location. The property boasts amazing curb appeal and features an attached 4 car garage with additional space to build extra outdoor parking, already approved by the city. The property consists of a mix of unit types. One of the units is a single level 2 bedroom, 2 bath with its own private patio. Inside, you'll find a spacious open floor plan, including a cozy living room with a fireplace. The kitchen is nicely sized with quartz countertops, a breakfast counter, and a dining area that opens to the yard. One of the bedrooms has an attached bath, while the secondary bedroom is conveniently located near a full hallway bath. The other three units are two story and each offers 2 bedrooms and 1.5 baths, along with a private patio. The main level of each features an open floor plan with a spacious living room that leads to the private patio, a breakfast nook, and a kitchen with quartz countertops and a half bath. Upstairs, there are two generously sized bedrooms with ample closet space, and a fully remodeled hallway bath. At the rear of the property, you'll find four garage spaces, one for each unit, along with a community laundry room that provides an opportunity for extra income. This property presents a true gem and exceptional investment opportunity - live in one unit and rent out the others for maximum rental income. With current rents below market value, there's significant upside potential. Additional bonus features include fully renovated units with new kitchen countertops, fresh laminate flooring in most areas, and updated plumbing. The property also offers new exterior paint, a new roof in most areas, dual pane windows and sliding doors, a new wood fence, and a new water heater. Centrally located near shopping, parks, grocery stores, dining, entertainment, schools, and with easy access to the 22/5/57 freeways, this property is ideally situated. Don’t miss out on this once in a lifetime opportunity, this property won’t last long!
Presented By: Joseph Lee with Nexteam Real Estate; 714-886-7571

Interior Features for 12292 Ranchero Avenue 4

Other Interior Features

Air Conditioning Y/NYes
Common Walls2+ Common Walls, No One Above, No One Below
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringLaminate, Tile
Heating Y/NYes
Interior AmenitiesQuartz Counters
Laundry FeaturesCommon Area
Total Stories2
Window FeaturesDouble Pane Windows

Other Rooms

Entry Level1

General for 12292 Ranchero Avenue 4

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityGarden Grove
Community FeaturesStreet Lights
ContingencyBuyer to assume tenants.
CoolingWall/Window Unit(s)
CountyOrange
DirectionsTrask Ave. / Harbor Blvd.
Electric Expense360
Entry Location1
Fuel Expense1320
Garage Spaces4
Garage Y/NYes
Gross Income600
HOANo
HOA Fee$
HeatingForced Air
Insurance Expense3300
Land Lease Y/NNo
LevelsTwo
Listing TermsSubmit
Lot Size Square Feet9148
Lot Size UnitsSquare Feet
MLS Area64 - Garden Grove E of Euclid, W of Harbor
Net Operating Income110976
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense11784
Pool FeaturesNone
PossessionNegotiable
PostalCityGARDEN GROVE
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
RoofShingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameOther
Tax Lot7
Tenant PaysElectricity, Gas
Total Actual Rent9600
Trash Expense3444
Unit Number4
ViewNone
Water Sewer Expense2160
Year Built1963
Year Built SourceAssessor

Exterior for 12292 Ranchero Avenue 4

Building Area Total4492
FencingExcellent Condition, Wood
Lot FeaturesBack Yard, Corner Lot
Lot Size Acres0.21
Lot Size Area9148
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Parking FeaturesGarage
Private PoolNo
Road Frontage TypeCity Street
SpaNo
Total Parking4
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Limor Zamir

Realtor®
Price $1,950,000
MLS#PW26011614
List Date 01/16/2026
Property Type Multi-Family
Phone 310.866.3778
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