10442 Lampson # 33
63 - Garden Grove S of Chapman Garden Grove 92840

$12,000,000
Residential Income built: 1963

Main Photo: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 1: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 2: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 3: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 4: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 5: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 6: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 7: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 8: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 9: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 10: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 11: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 12: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 13: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 14: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Photo 15: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
OC26165842
Year Built:
1963
10442 Lampson Avenue is a 33-unit apartment community in Garden Grove, California, offering an all two-bedroom, one-bathroom unit mix. The property underwent extensive recent capital improvements in 2022. This includes full renovations of all original 900-square-foot units, and the addition of six newly constructed ADUs. Ownership has invested heavily in improving the property with interior upgrades consisting of shaker cabinets, quartz countertops, vinyl plank flooring, recessed lighting, stainless steel ranges with vent hoods, updated bathroom vanities, dual-pane windows, mini-split air conditioning, and modern fixtures. The result is a cohesive community with updated interiors across all 33 units. This combination of desirable floor plans, premium interior upgrades, and consistent unit mix attracts a broad tenant base seeking quality housing in a central Orange County location. The property also features controlled access with a call box, on-site laundry facilities, and a mix of garage, carport, and surface parking. Well-maintained landscaping and open courtyard areas provide an attractive environment for residents while offering future ownership the opportunity to further enhance the common areas. Combining spacious floor plans, recent significant capital improvements, and a desirable Garden Grove location, 10442 Lampson Avenue presents a strong long-term multifamily investment with stable tenant demand.
Property Sub Type:
Apartment
Property Attached:
No
Lot Area:
40,477 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1963 (Age: 63)
General Listing Location:
Garden Grove, 63 - Garden Grove S of Chapman
County Or Parish:
Orange
Common Interest:
Community Apartment
Gross Income:
$959,001
Gross Scheduled Income:
$959,001
Net Operating Income:
$648,101
Cap Rate %:
5.4
Rent Control:
No
Association Fee:
$0
Land Lease:
No
Electric Expense:
$2,568
Fuel Expense:
$10,419
Insurance Expense:
$16,699
Maintenance Expense:
$23,839
Taxes expense:
141036.0
Operating Expense:
$304,380
Professional Management Expense:
$44,574
Trash Expense:
$20,274
Water and Sewer Expense:
$16,048
Vacancy Allowance:
$28,770
Vacancy Allowance Rate:
$3
Tax Lot:
0605
Cross Streets of Lampson Avenue & Nutwood Street
Number of Buildings:
3
# of Electric Meters:
33
# of Gas Meters:
33
# of Water Meters:
1
Community Features:
Curbs, Gutter(s), Sidewalks
Senior Community:
No
Laundry Features:
Common Area
Pool Features:
None
Private Pool:
No
Lot Features:
Street Level
Subdivision Name:
Other
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
Ground Level
New Constr.:
No
Common Walls:
No Common Walls
# Units:
33
Water supply:
Public
Sewer:
Public Sewer
Garage Spaces:
5
Uncovered Spaces:
13
Carport Spaces:
10
Total Parking Spaces:
28
Parking Features:
Covered, Carport, Detached Carport, Door-Single, Garage
Special Listing Conditions:
Standard
Parcel Number:
08906409
  • Photo 1: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 1 of 15
  • Photo 2: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 2 of 15
  • Photo 3: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 3 of 15
  • Photo 4: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 4 of 15
  • Photo 5: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 5 of 15
  • Photo 6: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 6 of 15
  • Photo 7: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 7 of 15
  • Photo 8: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 8 of 15
  • Photo 9: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 9 of 15
  • Photo 10: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 10 of 15
  • Photo 11: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 11 of 15
  • Photo 12: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 12 of 15
  • Photo 13: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 13 of 15
  • Photo 14: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 14 of 15
  • Photo 15: 10442 Lampson # 33 in Garden Grove: Residential Income for sale (63 - Garden Grove S of Chapman)  : MLS®# OC26165842
    Photo 15 of 15
Listed by Seven Gables Real Estate and Uncharted
Data was last updated August 5, 2026 at 06:40 PM (UTC)