12936 Lorna Street

Garden Grove, CA 92841

$1,499,000

List Price

6

bed Beds

3

shower Baths

4,520 sqft

straighten / sqft

1961

calendar_month Built

Property 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!

Listing Information

List Price $1,499,000
Status Active
MLS PW24217910
HOA $0
Type Residential
Subtype Duplex
Year Built 1961
Lot Size 10,890
Structure Size 4,520
DOM 1
Courtesy Of First Galaxy Inc
Listing Agent Holly Pham DRE#01909020

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 3
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Features None
View Yes

Maps

Listing information courtesy of: Holly Pham, First Galaxy Inc 7142512700. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 27th, 2024 at 1:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.