12221 Peacock Court

Property Overview

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!

Home Details

Property type: Residential Income - Mixed Use
Year built: 1961
Lot size: 11,326 sq ft
Parking: 10 spaces
Carport: 4 spaces
Stories: 1
Days on market: 0
MLS status: Active

Features & Amenities

Pool

None

Lot

Eleven To Fifteen Units Acre

Community, Schools & Utilities

Utilities

Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Garden Grove, CA 92841

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Frequently Asked Questions About 12221 Peacock Court

Property type: Residential Income

The current asking price is $2,960,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 12221 Peacock Court. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1961. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Garden Grove, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Garden Grove property.

The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.