Future Realty, Inc.
Listed by Future Realty, Inc.
$1,888,000
10511 Dewey Drive
Details
APN 08962104
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 6.24%
Buildings 1
Stories 1
Acreage 0.180
Zoning Estimated
Multifamily | 6.24% CAP | 3 Units
Marketing description
Exceptional Investment Opportunity in the Heart of Garden Grove Rare 3 Homes on One Corner Lot Presenting a unique, high-performing income property that stands out in todays market. Situated on an expansive corner lot, this exceptional offering features three fully permitted residences, each with its own address and two separate driveway access pointsperfect for maximizing rental income while maintaining privacy for each tenant. Currently generating over $11,000 per month in rental income, this property offers strong, consistent returns with minimal owner involvement. Each unit is individually metered for water, gas, and electricity, with tenants responsible for utilities and landscapingkeeping operating expenses low and management simple. Main Residence 10511 Dewey Dr. A beautifully upgraded 4-bedroom, 2-bath home that feels like a modern single-family residence. Features include central AC and heating, dual-pane windows, a private patio, and a 2-car garage. Currently rented at $4,450/month. Two Newly Built ADUs (Completed December 2025) 11171 & 11175 Palmwood Dr. Each ADU offers 3 bedrooms and 2 bathrooms with stylish, contemporary finishes and open-concept layouts. Both homes include paid-off solar systems, air conditioning, and private in-unit laundry, supporting current rents of $3,300/month each. This is a must-see investment opportunity offering, Strong cash flow with low operating costs, Brand-new construction with energy-efficient upgrades Separate utilities and private entrances for each unit, Prime Garden Grove location near shopping, dining, and major freeway
Listing Contacts
Future Realty, Inc.
Listed by Future Realty, Inc.
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