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Listing IDOC22092879
Price$1,850,000
Price/SqFt$409.29
StatusActive
SqFt
4,520
Acres
0.250
CountyOrange
SubdivisionOther (OTHR)
Year Built1961
Property TypeResidential Income
Great location in the heart of Garden Grove City. Property is located next to Garden Grove Blvd. in between Magnolia and Beach Blvd. 12936 Lorna Property has a residential house in the front with 6 bedrooms and 3 bath permitted and 12938 is the warehouse - commercial building located at the back current use as a custom cabinet builder (usage was grandfathered in). Only one water meter for both buildings. Current tenants pay for own utilities except only water owner pay. small alley on the side access to commercial building. This location zoning is friendly for light business usage and residential such as day care, hair salon, offices, small religious center and or new build for 3 units residential. Not too favorable for manufacture with high volume traffic in and out. Please verify usage with the City of Garden Grove Planning department before presenting offer. For Drive by view only. Please do not disturb the tenants. Current residence doesn't mind continuing to stay. Inspection is subject to accepted offer. Property sold as is. Thank you for showing interest. Also listed on commercial MLS ID#OC22084878
County
Orange
Price Before Reduction
1950000
Price Reduction Date
2022-09-16T17:12:29+00:00
Price/SqFt
409.29
Property Type
Residential Income
Subdivision
Other (OTHR)
Year Built
1961
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Average Studio Area Units
Square Feet
Building Area Units
Square Feet
Common Walls
No Common Walls
Cooling
yes
Cooling Type
Central Air
Garage Spaces
2
Heating
yes
Heating Type
Natural Gas
Laundry
yes
Laundry Features
Inside
Stories Total
1
Lot Features
0-1 Unit/Acre, Rectangular Lot
Lot Size Area
10890
Lot Size Source
Assessor
Lot Size Square Feet
10890
Number Of Buildings
2
Parking
yes
Parking Features
Direct Garage Access, Driveway, Asphalt, Driveway - Combination
Parking Total
2
Pool Features
None
Private Pool
no
Property Attached
no
Roof
Asphalt, Shingle
Sewer
Public Sewer
Water Source
Public
Country
US
Elevation Units
Feet
MLS Area Major
63 - Garden Grove S of Chapman, W of Euclid
Subdivision Name Other
NA
Additional Parcels
no
Assessments
Unknown
Community Features
Rural, Sidewalks, Street Lights
Days On Market
211
List Agent State License
01873325
List Office State License
01929114
Lot Size Units
Square Feet
New Construction
no
Number Of Separate Electric Meters
2
Number Of Separate Gas Meters
2
Number Of Separate Water Meters
1
Number Of Units Leased
2
Number Of Units Total
2
Parcel Number
13346212
Senior Community
no
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Year Built Source
Assessor
Electric Expense
600
Gross Scheduled Income
76800
Insurance Expense
1800
Land Lease
no
Net Operating Income
60722
Operating Expense
16078
Price Per Unit
925000
Rent Control
no
Special Listing Conditions
Standard
Tax Lot
5
Tax Tract Number
807
Tenant Pays
All Utilities
Total Actual Rent
6400
Total Expenses
16078
Trash Expense
900
Water Sewer Expense
900
© 2023. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to First Team Real Estate or one of their associates. Last updated Monday, February 6th, 2023.
Based on information from CARETS as of Monday, February 6th, 2023 08:24:33 PM. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Monday, February 6th, 2023 08:24:33 PM. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Contact - Listing ID OC22092879
Mahesh Patel
8028 Santa Ana Canyon Road
Anaheim Hills, CA 92808
Phone: 7144708600
Data services provided by IDX Broker
