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$2,845,000

  • Sold
  • Closed
  • Multi-Family
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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!

Full Property Details for 12221 Peacock Ct

General

  • Sold For: $2,845,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: NP26125682
  • Added to Site: 135 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Location

  • Area: 699 - Not Defined
  • County: Orange
  • Development Name: 699 - Not Defined
  • Driving Directions: Northeast Block of Gilbert and Lampson

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 11
  • # Electric Meters: 11

Structural Information

  • Entry Location: 1
  • Square Feet: 6,018
  • Year Built: 1961

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size Source: Assessor
  • Lot Description: 11-15 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $472.75
  • Price Per Unit: 296000

Listed by R L M Equities, Randall Mycorn
Sold by Nonmember Mrml, General NONMEMBER

Listing agent

— 12221 Peacock Ct —

  • Randall Mycorn

    R L M Equities

949-573-5309

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12221 Peacock Ct

School District:Garden Grove Unified School District
NameGradesDistance
Brookhurst Elementary School
9821 William Dalton Way, Garden Grove, CA 92841
K-60.1 mi
Dr. Walter C. Ralston Intermediate School
10851 Lampson Avenue, Garden Grove, CA 92840
7-81.1 mi
Rancho Alamitos High School
11351 Dale Street, Garden Grove, CA 92841
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12221 Peacock Ct

Date
Details
Price
Change
Source
9/29/2026
Sold
$2,845,000
-3.89%
MLS
6/09/2026
Listed
$2,960,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by R L M Equities, Randall Mycorn
Sold by Nonmember Mrml, General NONMEMBER

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12221 Peacock Court, Garden Grove, CA 92841 (MLS# NP26125682) is a Multi-Family property that was sold at $2,845,000 on September 29, 2026. Want to learn more about 12221 Peacock Court? Do you have questions about finding other Multi-Family real estate for sale in Garden Grove? You can browse all Garden Grove real estate or contact a Coldwell Banker agent to request more information.