10442 Lampson Ave

Garden Grove, CA 92840

$12,350,000
Price
4
Beds
33
Baths
26,700 Sq. Ft.
$463 / Sq. Ft.
26,700
Sq. Ft.
$463
per Sq. Ft.
an aerial view of a city with lots of residential buildings
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a front view of a house with a yard
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a view of a city

Description

10442 Lampson Avenue is a 33-unit multifamily community located in Garden Grove, California. Originally built as a 27-unit property, the asset was expanded in 2023 with the addition of six newly constructed accessory dwelling units (ADU), bringing the total to 33 two-bedroom, one-bathroom units. This desirable unit mix appeals broadly to couples, families, and professionals seeking functional layouts in a central Orange County location. The community has benefited from extensive interior renovations,...10442 Lampson Avenue is a 33-unit multifamily community located in Garden Grove, California. Originally built as a 27-unit property, the asset was expanded in 2023 with the addition of six newly constructed accessory dwelling units (ADU), bringing the total to 33 two-bedroom, one-bathroom units. This desirable unit mix appeals broadly to couples, families, and professionals seeking functional layouts in a central Orange County location. The community has benefited from extensive interior renovations, with all of the original units upgraded to include contemporary finishes such as recessed lighting, quartz countertops, shaker-style cabinetry, vinyl flooring, stainless steel ranges with vent hoods, and modern bathroom vanities. Modern ceiling fans, faucets, and fixtures add both style and efficiency to the unit. The six newly built ADUs were designed with similar attention to detail, featuring dual-pane windows, mini-split air conditioning units, mirrored closet doors, quartz countertops, recessed lighting, and matching cabinetry and flooring, ensuring consistency throughout the property. Residents enjoy controlled access with a call box, on-site laundry facilities, and a variety of parking options including carport, garage, and surface spaces. The property is framed by attractive landscaping, and its spacious courtyards present future ownership with the opportunity to enhance common area utilization and add further resident amenities. 10442 Lampson Avenue represents a rare opportunity to acquire a renovated and recently expanded multifamily community in a supply-constrained market. With its consistent two-bedroom unit mix, upgraded interiors, and strategic Garden Grove location, the property offers durable tenant appeal and long-term investment stability.

Property Details for 10442 Lampson Avenue

Parking Spaces Total
28
Private Pool
No
Total Units
33.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
26700
Assessor Parcel Number
089-064-09
Property Attached YN
false
LISTING UPDATED: 09/10/2025 06:29 AM

Property Details for 10442 Lampson Avenue

StatusActive
MLS #OC25214158
Days on Market85
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1963
CountyOrange County

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551
Add your commute

Building Information for 10442 Lampson Avenue

Building/Complex10442 Lampson AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1963Building Size-

Payment Calculator

$70,192 per month

30 year fixed, 6.28% Interest

Principal and Interest

$61,026

Property Taxes

$9,166

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10442 Lampson Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $988,106
  • Gross Scheduled Income: $960,346
  • Vacancy Allowance: 28810
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $931,536
  • Net Operating Income: $627,204
  • Other Income Description: Misc
  • Other Income 1: $27,760
  • Gross Multiplier: 12.5
  • Cap Rate: 5.08
Expense Details
  • Operating Expense: $332,092
  • Operating Expense Percent: 34.60%
  • New Taxes Expense: $145,315
  • Fuel Expense: $12,532
  • Electric Expense: $12,530
  • Insurance Expense: $26,400
  • Maintenance Expense: $26,400
  • Professional Management Expense: $28,779
  • Trash Expense: $12,530
  • Water Sewer Expense: $12,530
  • Total Expenses: $332,092
Tax / Assessment Info
  • Tax Tract Number: 088701
  • CFD/Mello-Roos Fee: $8,126
  • Tax Lot: 0605
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: First level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 33
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Uncovered Spaces: 13
  • Open Other Spaces Total: 13
  • Parking Garage Spaces: 5
  • Carport Spaces: 10
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $12,695
  • Unit Type Total Rent: $12,695
  • Unit Type Pro Forma: 13770
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 27
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $67,334
  • Unit Type Total Rent: $67,334
  • Unit Type Pro Forma: 72765
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 33
  • Number Of Separate Gas Meters: 33
  • Number Of Separate Water Meters: 1

Property History for 10442 Lampson Avenue

DateEvent & SourcePriceAppreciation
Sep 10, 2025

Listed (Active)

CRMLS #OC25214158

$12,350,000—
Sep 10, 2025

Listed (Active)

CLAW #OC25214158MR

$12,350,000—
Sep 10, 2025

Listed (Active)

SDMLS #OC25214158

$12,350,000—
Feb 2, 2022

Sold

CRMLS #PW21205009

$8,000,000—
Feb 2, 2022

Sold

CLAW #PW21205009MR

$8,000,000—
Feb 2, 2022

Sold

SDMLS #PW21205009

$8,000,000—
Oct 7, 2021

Pending

CLAW #PW21205009MR

—
Oct 7, 2021

Pending

SDMLS #PW21205009

—
Oct 7, 2021

Pending

CRMLS #PW21205009

—
Oct 2, 2021

Listed (Active)

SDMLS #PW21205009

$7,500,000—
Sep 24, 2021

Pending

SDMLS #PW21205009

—
Sep 16, 2021

Listed (Active)

SDMLS #PW21205009

$7,500,000—
Sep 16, 2021

Listed (Active)

CRMLS #PW21205009

$7,500,000—
Sep 16, 2021

Listed (Active)

CLAW #PW21205009MR

$7,500,000—
Apr 3, 2002

Sold (Public Record)

Public Record #95201027

$2,400,000—
Feb 28, 2002

Sold

CRMLS #CC231168

$2,400,000—
Feb 28, 2002

Sold

CLAW #S266545MR

$2,400,000—
Feb 28, 2002

Sold

CRMLS #S266545

$2,400,000—
Dec 10, 2001

Pending

CLAW #S266545MR

—
Dec 10, 2001

Pending

CRMLS #S266545

—
Nov 27, 2001

Listed (Active)

CLAW #S266545MR

$2,400,000—
Nov 27, 2001

Listed (Active)

CRMLS #CC231168

$2,400,000—
Nov 27, 2001

Listed (Active)

CRMLS #S266545

$2,400,000—
DateEvent & SourcePrice
09/10/2025

Listed (Active)

CRMLS #OC25214158

$12,350,000
09/10/2025

Listed (Active)

CLAW #OC25214158MR

$12,350,000
09/10/2025

Listed (Active)

SDMLS #OC25214158

$12,350,000
02/02/2022

Sold

CRMLS #PW21205009

$8,000,000
02/02/2022

Sold

CLAW #PW21205009MR

$8,000,000
02/02/2022

Sold

SDMLS #PW21205009

$8,000,000
10/07/2021

Pending

CLAW #PW21205009MR

—
10/07/2021

Pending

SDMLS #PW21205009

—
10/07/2021

Pending

CRMLS #PW21205009

—
10/02/2021

Listed (Active)

SDMLS #PW21205009

$7,500,000
09/24/2021

Pending

SDMLS #PW21205009

—
09/16/2021

Listed (Active)

SDMLS #PW21205009

$7,500,000
09/16/2021

Listed (Active)

CRMLS #PW21205009

$7,500,000
09/16/2021

Listed (Active)

CLAW #PW21205009MR

$7,500,000
04/03/2002

Sold (Public Record)

Public Record #95201027

$2,400,000
02/28/2002

Sold

CRMLS #CC231168

$2,400,000
02/28/2002

Sold

CLAW #S266545MR

$2,400,000
02/28/2002

Sold

CRMLS #S266545

$2,400,000
12/10/2001

Pending

CLAW #S266545MR

—
12/10/2001

Pending

CRMLS #S266545

—
11/27/2001

Listed (Active)

CLAW #S266545MR

$2,400,000
11/27/2001

Listed (Active)

CRMLS #CC231168

$2,400,000
11/27/2001

Listed (Active)

CRMLS #S266545

$2,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10442 Lampson Avenue

Taxable ValueLand$7,597,665Additions$1,047,190Total$8,644,855
Tax Record2025$109,986 ($9,166 / month)
Home Facts
Total Finished SqFt24,551 SqFtAbove Grade Finished SqFt24,551 SqFtLot Size40,469 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountyORANGEAPN089-064-09

Schools near 10442 Lampson Avenue

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Ethel M. Evans Elementary School
Public - K to 6
Dr. Walter C. Ralston Intermediate School
Public - 7 to 8
Garden Grove High School
Public - 9 to 12
Mark Twain Special Center
Public - K to 12
Rating
School
Distance
Ethel M. Evans Elementary School
PublicK to 6

Dr. Walter C. Ralston Intermediate School
Public7 to 8

Garden Grove High School
Public9 to 12

Mark Twain Special Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 10442 Lampson Avenue, Garden Grove, CA 92840

10442 Lampson Avenue is a multi-family home for sale in Garden Grove, CA 92840. This property was listed for sale on September 10, 2025 by Marcus & Millichap RE Invest, it's currently listed at $12,350,000. It has been on the market for a total of 85 days and was last sold on February 2, 2022. This listing's school district is Garden Grove Unified School District. Nearby schools include Ethel M. Evans Elementary School, Dr. Walter C. Ralston Intermediate School and Garden Grove High School. 10442 Lampson Avenue is a 4-bed, 33-bath, 26,700 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.