12221 Peacock Court | MLS #NP26125682 | RE/MAX California & Hawaii
 
  • 20 days on site
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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!

Source: CRMLS, MLS#: NP26125682

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  • Property Type
    Residential Income
  • Lot
    0.26 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 12221 Peacock Court


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: CRMLS Added to Database
June 09, 2026
6/8/2026Source: CRMLS Price Reduction
$2,195 -2.4%
6/5/2026Source: CRMLS Status Change
Closed
6/1/2026Source: CRMLS Price Reduction
$2,248 -0.0%
5/19/2026Source: CRMLS Status Change
Closed
5/19/2026Source: CRMLS Status Change
Pending
5/7/2026Source: CRMLS Price Reduction
$1,845 -0.3%
5/7/2026Source: CRMLS Price Reduction
$2,249 -0.0%
5/7/2026Source: CRMLS Price Reduction
$1,999 -0.1%
3/31/2026Source: CRMLS Added to Database
March 31, 2026
3/31/2026Source: CRMLS Added to Database
March 31, 2026
3/31/2026Source: CRMLS Added to Database
March 31, 2026
2/24/2026Source: CRMLS Status Change
Closed
2/24/2026Source: bridgeMLS Status Change
Sold
2/10/2026Source: CRMLS Status Change
Pending
1/28/2026Source: bridgeMLS Status Change
Pending
1/27/2026Source: CRMLS Status Change
Active Under Contract
1/12/2026Source: bridgeMLS Added to Database
January 12, 2026
1/12/2026Source: CRMLS Added to Database
January 12, 2026
Listing provided courtesy of R L M EquitiesRandall Mycorn- MLS# NP26125682MLS ProviderContact Information: 949-573-5309