12292 Ranchero Ave, Unit 4

Garden Grove, CA 92843

$1,950,000
Price
4
Beds
8
Baths
4,492 Sq. Ft.
$434 / Sq. Ft.
4,492
Sq. Ft.
$434
per Sq. Ft.
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Description

Great Investment Opportunity! This corner lot 4 unit property is located in the highly sought-after city of Garden Grove, offering a rare chance to own a one of a kind income producing property in a prime location. The property boasts amazing curb appeal and features an attached 4 car garage with additional space to build extra outdoor parking, already approved by the city. The property consists of a mix of unit types. One of the units is a single level 2 bedroom, 2 bath with its own private patio....Great Investment Opportunity! This corner lot 4 unit property is located in the highly sought-after city of Garden Grove, offering a rare chance to own a one of a kind income producing property in a prime location. The property boasts amazing curb appeal and features an attached 4 car garage with additional space to build extra outdoor parking, already approved by the city. The property consists of a mix of unit types. One of the units is a single level 2 bedroom, 2 bath with its own private patio. Inside, you'll find a spacious open floor plan, including a cozy living room with a fireplace. The kitchen is nicely sized with quartz countertops, a breakfast counter, and a dining area that opens to the yard. One of the bedrooms has an attached bath, while the secondary bedroom is conveniently located near a full hallway bath. The other three units are two story and each offers 2 bedrooms and 1.5 baths, along with a private patio. The main level of each features an open floor plan with a spacious living room that leads to the private patio, a breakfast nook, and a kitchen with quartz countertops and a half bath. Upstairs, there are two generously sized bedrooms with ample closet space, and a fully remodeled hallway bath. At the rear of the property, you'll find four garage spaces, one for each unit, along with a community laundry room that provides an opportunity for extra income. This property presents a true gem and exceptional investment opportunity - live in one unit and rent out the others for maximum rental income. With current rents below market value, there's significant upside potential. Additional bonus features include fully renovated units with new kitchen countertops, fresh laminate flooring in most areas, and updated plumbing. The property also offers new exterior paint, a new roof in most areas, dual pane windows and sliding doors, a new wood fence, and a new water heater. Centrally located near shopping, parks, grocery stores, dining, entertainment, schools, and with easy access to the 22/5/57 freeways, this property is ideally situated. Don’t miss out on this once in a lifetime opportunity, this property won’t last long!
  1. Listed by Joseph Lee • DRE #01812590 • Brokerage DRE #02210730 • Nexteam Real Estate • 714-886-7571
  2. Listed by Christine Kim • DRE #01919773 • Brokerage DRE #01810882 • RE/MAX Diamond

Property Details for 12292 Ranchero Avenue, Unit 4

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4492
LISTING UPDATED: 01/16/2026 10:24 PM

Property Details for 12292 Ranchero Avenue, Unit 4

StatusActive
MLS #PW26011614
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.21 AC / 9,148 SF
CountyOrange County

Location

Listing Courtesy of Nexteam Real Estate, Joseph Lee, DRE #01812590; RE/MAX Diamond, Christine Kim, DRE #01919773
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Building Information for 12292 Ranchero Avenue, Unit 4

Stories2Residences-Year Built1963Building Size-Lot Size0.21 AC / 9,148 SF

Payment Calculator

$9,504 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,504

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12292 Ranchero Avenue, Unit 4

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $600
  • Gross Scheduled Income: $122,760
  • Gross Operating Income: $122,760
  • Net Operating Income: $110,976
  • Laundry Income: $600
Expense Details
  • Operating Expense: $11,784
  • Gardener Expense: $1,200
  • Fuel Expense: $1,320
  • Electric Expense: $360
  • Insurance Expense: $3,300
  • Trash Expense: $3,444
  • Water Sewer Expense: $2,160
  • Total Expenses: $11,784
Tax / Assessment Info
  • Tax Tract Number: 3604
  • Tax Census Tract: 891.06
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Quartz Counters
  • Room Type: Kitchen, Living Room
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Laminate, Tile
  • Floor Coverings: Laminate, Tile
  • Flooring: Laminate, Tile
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Excellent Condition, Wood
  • Structure Type: Quadruplex
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Non-Garage: Garage
  • Parking Garage Spaces: 4
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Unit Above, No Unit Below, 2+ common walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,554
  • Unit Type Total Rent: $2,554
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,542
  • Unit Type Total Rent: $2,542
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number Wall AC: 4

Property History for 12292 Ranchero Avenue, Unit 4

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Listed (Active)

CRMLS #PW26011614

$1,950,000—
Jan 16, 2026

Listed (Active)

CLAW #PW26011626MR

$1,950,000—
Jan 16, 2026

Listed (Active)

SDMLS #PW26011626

$1,950,000—
Jan 16, 2026

Listed (Active)

CLAW #PW26011614MR

$1,950,000—
Jan 16, 2026

Listed (Active)

CRMLS #PW26011626

$1,950,000—
Jun 26, 2025

Withdrawn / Cancelled

CRMLS #PW25036773

$1,999,000—
Jun 26, 2025

Withdrawn / Cancelled

CLAW #PW25036773MR

—
May 9, 2025

Hold

CRMLS #PW25036773

—
Feb 26, 2025

Listed (Active)

CRMLS #PW25036773

$1,999,000—
Feb 19, 2025

Hold

CLAW #PW25036773MR

—
Feb 19, 2025

Listed (Active)

CLAW #PW25036773MR

$1,999,000—
Feb 7, 2025

Withdrawn / Cancelled

CLAW #PW24236735MR

—
Feb 7, 2025

Withdrawn / Cancelled

CRMLS #PW24236735

$1,999,000—
Dec 23, 2024

Price Change

CLAW #PW24236735MR

$1,999,000—
Nov 19, 2024

Listed (Active)

CRMLS #PW24236735

$2,100,000—
Nov 19, 2024

Listed (Active)

CLAW #PW24236735MR

$2,100,000—
DateEvent & SourcePrice
01/16/2026

Listed (Active)

CRMLS #PW26011614

$1,950,000
01/16/2026

Listed (Active)

CLAW #PW26011626MR

$1,950,000
01/16/2026

Listed (Active)

SDMLS #PW26011626

$1,950,000
01/16/2026

Listed (Active)

CLAW #PW26011614MR

$1,950,000
01/16/2026

Listed (Active)

CRMLS #PW26011626

$1,950,000
06/26/2025

Withdrawn / Cancelled

CRMLS #PW25036773

$1,999,000
06/26/2025

Withdrawn / Cancelled

CLAW #PW25036773MR

—
05/09/2025

Hold

CRMLS #PW25036773

—
02/26/2025

Listed (Active)

CRMLS #PW25036773

$1,999,000
02/19/2025

Hold

CLAW #PW25036773MR

—
02/19/2025

Listed (Active)

CLAW #PW25036773MR

$1,999,000
02/07/2025

Withdrawn / Cancelled

CLAW #PW24236735MR

—
02/07/2025

Withdrawn / Cancelled

CRMLS #PW24236735

$1,999,000
12/23/2024

Price Change

CLAW #PW24236735MR

$1,999,000
11/19/2024

Listed (Active)

CRMLS #PW24236735

$2,100,000
11/19/2024

Listed (Active)

CLAW #PW24236735MR

$2,100,000

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

Schools near 12292 Ranchero Avenue, Unit 4

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Dwight D. Eisenhower Elementary School
Public - K to 6
Leroy L. Doig Intermediate School
Public - 7 to 8
Santiago High School
Public - 9 to 12
Mark Twain Special Center
Public - K to 12
Rating
School
Distance
Dwight D. Eisenhower Elementary School
PublicK to 6

Leroy L. Doig Intermediate School
Public7 to 8

Santiago 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 12292 Ranchero Avenue, Unit 4, Garden Grove, CA 92843

12292 Ranchero Avenue, Unit 4 is a multi-family home for sale in Garden Grove, CA 92843. This property was listed for sale on January 16, 2026 by Nexteam Real Estate, it's currently listed at $1,950,000. This listing's school district is Garden Grove Unified School District. Nearby schools include Dwight D. Eisenhower Elementary School, Leroy L. Doig Intermediate School and Santiago High School. 12292 Ranchero Avenue, Unit 4 is a 4-bed, 8-bath, 4,492 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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Nexteam Real Estate, Joseph Lee, DRE #01812590; RE/MAX Diamond, Christine Kim, DRE #01919773

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.