#IV25134009, ELAINE HOLMES, Listing office: Wheeler Steffen Sotheby's International Realty
#OC25156174·
Listing office: Pat Swanson·
Listing agent: Pat Swanson·
Listing office phone: 213-864-2862
$2,395,000 List price
10802 Palma Vista Ave Garden Grove, CA 92840
0.2 acres
Condo
Property details
About 10802 Palma Vista Ave
Exceptional cash-flowing 8-unit apartment building in Garden Grove, delivering a strong 6.26% cap rate with immediate income and zero deferred maintenance. Every unit has been fully transformed with over-the-top, luxury-level renovations—including in-unit washer/dryers, quartz countertops, custom shaker cabinets, stainless steel appliances, new bathrooms, and designer finishes throughout. This turnkey property is 100% occupied and stabilized, offering an investor dependable income from day one. With no local rent control (only AB 1482), this is a rare, hassle-free opportunity to own a high-performing asset in a prime Orange County location.
Highlights
Home typeCondominium
StatusActive
Lot size0.2206 Acres
Year built1961
MLS #OC25156174
Summary
- Appliances: Dryer, Washer
- Private Pool: No
- List Price: $2,395,000
- Annual Tax Amount: $26,492
- Tax Year: 2024
- Directions: Major Cross Street is Lincoln and Katella
- Year Built: 1961
- Stories: 2
- Lot Size: 0.2206 Acres
- MLS Number: OC25156174
- MLS Name: CRMLS
- Office Name: Pat Swanson
- Office Phone: (213) 864-2862
- Listing Agent: Pat Swanson
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 3:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 24, 2023 | Home Sold | $2,030,000 |
| Oct 06, 2015 | Home Sold | $1,000,000 |
| May 19, 2010 | Home Sold | $782,500 |
| Apr 05, 2006 | Home Sold | $1,035,000 |
| Mar 11, 2005 | Home Sold | $1,914,500 |
| Nov 25, 2003 | Home Sold | $1,600,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,070,600 | $26,492 |
| 2023 | $1,137,827 | $15,571 |
| 2022 | $1,115,517 | $15,323 |
| 2021 | $1,093,645 | $15,170 |
| 2020 | $1,082,432 | $15,000 |
| 2019 | $1,061,208 | $14,429 |
| 2018 | $1,040,400 | $14,429 |
| 2017 | $1,020,000 | $14,234 |
History based on county public records data.
Nearby schools
7
Linton T. Simmons Elementary School
Public District KG-6
0.4 mi
•11602 Steele Dr
5
Stoddard Elementary School
Public District KG-6
0.7 mi
•1841 S Ninth St
7
Faylane Elementary School
Public District KG-6
0.7 mi
•11731 Morrie Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,361. Residents of Garden Grove, CA typically earn between $35k-100k each year. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
46%
35k-100k
12%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
18%
Single, with Kids
17%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Burlington
Where do the neighbors go to eat?
Jack In The Box
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 10802 Palma Vista Ave
The listing price of 10802 Palma Vista Ave property is $2,395,000.
The property 10802 Palma Vista Ave is a condo located in Garden Grove, California, 92840.
Active Listing: 10802 Palma Vista Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 10802 Palma Vista Ave are: Linton T. Simmons Elementary School (GreatSchools Rating 7/10), Stoddard Elementary School (GreatSchools Rating 5/10), Faylane Elementary School (GreatSchools Rating 7/10), Louis Lake Intermediate School (GreatSchools Rating 8/10), Dr. Walter C. Ralston Intermediate School (GreatSchools Rating 7/10), Ball Junior High School (GreatSchools Rating 3/10), Loara High School (GreatSchools Rating 5/10), Cambridge Virtual Academy at Polaris (GreatSchools Rating 3/10), Garden Grove High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $26,492 (source: MLS/based on county public records data).
The last sale was on March 24, 2023 for $2,030,000 (source: MLS/tax record).
The property at 10802 Palma Vista Ave has 0 bathroom.
The year of construction for 10802 Palma Vista Ave is 1961.
This home is located at 10802 Palma Vista Ave in Garden Grove, CA and zip code 92840. Features: 0 bathroom. It has been listed on Rocket Homes since July 12, 2025 and is currently priced at $2,395,000.
Garden Grove, CA housing market in June 2025 saw over 33 listings sold above listed price, more than 4 sold at listed price and over 14 sold below. Between May and June 2025, Garden Grove, CA real estate market has seen decrease in the number of listings by 2%. Listings spent 18 days on the market in June 2025, and had a median list price of $950,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.