$1,499,000
For Sale

12936 Lorna Street

Garden Grove, CA 92841
4520 sqft | 6 beds | 3 baths | 0.25 acres | #PW24217910
Listing OfficeFirst Galaxy Inc
Browse 35 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Prime Multi-Use Property in the Heart of Garden Grove!
Discover a unique opportunity in a bustling location, situated just off Garden Grove Blvd between Magnolia and Beach Blvd. This property encompasses two distinct buildings: a spacious 6-bedroom, 3-bath residential home at 12936 and a versatile commercial warehouse at 12938, currently utilized as a custom cabinet shop (grandfathered usage). Key Features are
Residential & Commercial Potentials Ideal for mixed-use ventures! The property’s zoning accommodates light business operations alongside residential options, including daycare centers, salons, offices, or even the possibility of developing up to 3 additional residential units. Convenient side alley access to the commercial space enhances functionality. Current long term tenants are reliable and open to extending their lease, providing immediate income potential. This property is sold AS-IS, and inspections will be conducted upon acceptance of an offer. Drive-bys are welcome, but please respect tenant privacy and do not disturb them. For specific usage inquiries, please consult the City of Garden Grove Planning Department. Don’t miss this rare chance to invest in a prime location with immense potential! Thank you for your interest!

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • School DistrictGarden Grove Unified
      • InteriorAllBedroomsDown
      • ViewNeighborhood
      • Sewer InformationPublicSewer
      • Original List Price$1,499,000
      • MLS #PW24217910
      • MLS #PW24217910
      • Property TypePurchase
      • Cost1499000
      • Utility SourcePublic
      • CountyOrange
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • SubdivisionOther
      • Acres0.25
      • Square Feet4520
      • Year Built1961
      • Bedrooms6
      • Bathrooms3
      • Full Baths3
      • Stories1
      • Parking Spaces2

Location

Gary HansenReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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