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$1,510,000
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Property Description
Well-located triplex in Garden Grove featuring three detached 2-bedroom cottages, each with private yards or patios and ample on-site parking. Rare unit configuration offers strong tenant appeal and privacy more commonly found in single-family rentals.
The property provides a 5.02% CAP rate on current rents with additional value-add upside through rent growth and cosmetic improvements. Located in a quiet residential neighborhood with convenient access to major freeways, retail, dining, and employment centers.
Ideal opportunity for investors seeking stable in-place income with long-term appreciation potential in a supply-constrained Orange County rental market.
Full Property Details
Full Property Details for 12603 Josephine
General
- Sold For: $1,510,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: NP26029356
- Added to Site: 51 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: 699 - Not Defined
- County: Orange
- Development Name: 699 - Not Defined
- Driving Directions: From the 22 Freeway, exit Euclid Street, head north, turn right on Chapman Avenue, then right on Josephine Street. Property will be on the right.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: 3
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,626
- Year Built: 1942
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.24
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $494.67
- Price Per Unit: 433000
Listed by Gould Group Inc, Nick Gould
Sold by Saxton Realty, Brandon Tran
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Schools
Schools serving 12603 Josephine
School District:Garden Grove Unified School District
| Name | Grades | Distance |
|---|---|---|
Stanford Elementary School 12721 Magnolia Ave., Garden Grove, CA 92841 | K-6 | 0.2 mi |
Alamitos Intermediate School 12381 Dale Street, Garden Grove, CA 92841 | 7-8 | 0.4 mi |
Rancho Alamitos High School 11351 Dale Street, Garden Grove, CA 92841 | 9-12 | 1.2 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 12603 Josephine
Date
Details
Price
Change
Source
3/04/2026
Sold
$1,510,000
16.24%
MLS
2/09/2026
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12603 Josephine, Garden Grove, CA 92841 (MLS# NP26029356) is a Multi-Family property that was sold at $1,510,000 on March 04, 2026. Want to learn more about 12603 Josephine? 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.

