Garden Grove, CA 92844 13262 Verde Street

13262 Verde Street Garden Grove, CA - Image 113262 Verde Street Garden Grove, CA - Image 213262 Verde Street Garden Grove, CA - Image 3
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13262 Verde Street Garden Grove, CA - Image 413262 Verde Street Garden Grove, CA - Image 513262 Verde Street Garden Grove, CA - Image 613262 Verde Street Garden Grove, CA - Image 713262 Verde Street Garden Grove, CA - Image 813262 Verde Street Garden Grove, CA - Image 913262 Verde Street Garden Grove, CA - Image 10
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25136726
  • 06/18/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Full/Half Baths • 4 / 1
  • SQFT • 4,218
  • Garage • 5

Home Details

13262 Verde Street is 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.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com

Interior Features for 13262 Verde Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level1

General for 13262 Verde Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.38
Carport Y/NNo
CityGarden Grove
Community FeaturesCurbs, Gutters, Sidewalks
CountyOrange
DirectionsCross Streets of Verde Street & Central Avenue
Electric Expense905.0
Electric On Property Y/NNo
Entry LocationFirst level
Fuel Expense905.0
Garage Spaces5.0
Garage Y/NYes
Gross Income146820.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense4200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet9583.2
Lot Size UnitsAcres
MLS Area63 - Garden Grove S of Chapman, W of Euclid
MaintenanceExpense3000.0
MobileHomeRemainsYNNo
Net Operating Income100601.0
New ConstructionNo
Number Of Units Total4
Operating Expense41814.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameOther
Tax Lot17
Taxes$27,004
Trash Expense905.0
Water Sewer Expense906.0
Year Built1963
Year Built SourceAssessor

Exterior for 13262 Verde Street

Building Area Total4218.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.22
Lot Size Area0.22
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters0
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,295,000
MLS#OC25136726
List Date 06/18/2025
Property Type Multi-Family
Phone 714.742.6515
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