Fletcher Street Apartments 2 Multifamily Properties Offered at $3,590,000 in Garden Grove, CA

Martinez & Associates, Inc. is pleased to present the Fletcher Street Portfolio, consisting of two four-unit multifamily investment properties located at 13272 Fletcher Street and 13282 Fletcher Street in Garden Grove, California. Together, the portfolio comprises eight (8) residential units and offers investors the opportunity to acquire both properties as a portfolio or purchase either property individually.
Situated in a desirable central Garden Grove neighborhood, the Fletcher Street Portfolio benefits from convenient access to an abundance of shopping, dining, entertainment, and employment destinations throughout Orange County. Residents are located near Garden Grove Boulevard, Historic Main Street, and the GARDEN AMP, while also enjoying proximity to major regional destinations including Disneyland, Bella Terra, the Anaheim Convention Center, Little Saigon, and The Outlets at Orange.
The properties also offer convenient access to State Route 22, providing connectivity throughout Orange County and the greater Southern California region.
The Fletcher Street Portfolio presents a compelling value-add investment opportunity with significant upside through interior renovations and rental optimization. Both properties feature desirable unit configurations that appeal to a broad tenant base. 13282 Fletcher Street includes three (3) two-bedroom units and one (1) three-bedroom unit, while 13272 Fletcher Street further complements the portfolio with four additional residential units.
Investors have the opportunity to modernize the interiors and reposition the properties to capture increased rental income. Comparable renovated multifamily properties throughout the surrounding Garden Grove market have demonstrated strong tenant demand and achieved premium rental rates with improvements such as quartz countertops, white shaker-style cabinetry, stainless steel or modern appliances, recessed lighting, luxury vinyl plank flooring, updated kitchens and bathrooms, contemporary fixtures, and other interior upgrades.
Offered together or separately, 13272 Fletcher Street and 13282 Fletcher Street provide investors with flexibility in acquisition strategy while offering a clear path toward increasing cash flow and long-term asset value. Their central Garden Grove location, proximity to major employment and entertainment centers, access to transportation corridors, and value-add potential make the Fletcher Street Portfolio a compelling multifamily investment opportunity in the Orange County market.