12936 Lorna Street

Garden Grove, CA 92841
$1,499,000
4520 sqft | 6 beds | 3 baths | 0.25 acres | #PW24217910
Courtesy of First Galaxy Inc

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!
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  • Property Details
      • Interior:AllBedroomsDown
      • Bedrooms:6
      • Bathrooms:3
      • Full Baths:3
      • View:Neighborhood
      • Stories:1
      • Acres:0.25
      • Square Feet:4520
      • Parking spaces:2
      • Property type:Purchase
      • Year built:1961
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • Subdivision:Other
      • School district:Garden Grove Unified
      • County:Orange
      • Original List Price:$1, 499, 000
      • MLS #:PW24217910
      • Cost:1499000
      • Property subtype:Duplex
      • MLS #:PW24217910
      • Structure type:Duplex

Location

The Alcantara GroupReal Estate Group
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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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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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