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12891 Shackelford, Garden Grove, CA 92841
Priced at Only: $3,488,888
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Address: 12891 Shackelford, Garden Grove, CA 92841
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  • MLS#: OC26074575 ( Commercial/Residential )
  • Street Address: 12891 Shackelford
  • Viewed: 1
  • Price: $3,488,888
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 31
  • Additional Information
  • County: ORANGE
  • City: Garden Grove
  • Zipcode: 92841
  • Subdivision: Other (othr)
  • Provided by: The L3
  • Contact: Jim Jim
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime 10 Unit Multifamily Investment Opportunity in the Heart of Garden Grove. 12891/12865/12861 Shackelford Lane, Garden Grove, CA 92841. Presenting 12891 Shackelford Lane, a highly desirable 8 unit apartment building and a 2 unit building situated in a strong rental pocket of Garden Grove, California. Positioned on a spacious 0.53 acre lot, this well maintained 8,305 sq. ft. property (built in 1961) represents a rare and lucrative opportunity for investors seeking a stable asset with strong rental upside in Central Orange County. The property boasts a highly attractive and strategic unit mix designed to appeal to a wide tenant base and encourage long term occupancy: Five 1 Bedroom / 1 Bathroom Units, three 2 Bedroom / 1 Bathroom Units, with two additional units just behind the parking lot that consist of two 2 Bedroom / 2 Bathroom units with attached two car garage. Some of the units have been updated with newer countertops, flooring, vanities, with a new kitchen, featured in the photos. Residents enjoy access to a community courtyard, an on site laundry facility, and ample parking, including highly coveted detached one car garages. The spacious duplex/townhome units offer the added convenience of private in unit washer and dryer hookups and an attached two car garage with a driveway. Situated in an R 3 (Multiple Family Residential) zone, optimizing the lot's current and future density use. Centrally located west of the I 5 freeway, the property offers rapid access to the SR 22 and I 405 freeways, making commutes to Anaheim, Irvine, and the coastal cities a breeze. Whether you are looking to expand your existing Orange County multifamily portfolio or searching for a robust 1031 exchange property, 12891 Shackelford Lane offers the perfect blend of immediate stability and long term value. Contact us today for more details.
Features
Association Fee
  1. 0.00
Building Area Total
  1. 8305.00
Carport Spaces
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. None
Country
  1. US
Days On Market
  1. 13
Current Financing
  1. Conventional
Electric Expense
  1. 260.00
Entry Location
  1. Front Door
Fencing
  1. Block
  2. Wood
Fireplace Features
  1. None
Flooring
  1. Tile
  2. Vinyl
Fuel Expense
  1. 2673.00
Garage Spaces
  1. 12.00
Gardner Expense
  1. 2160.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 11507.00
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Community
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Sprinklers Timer
  2. 6-10 Units/Acre
  3. Yard
Netoperatingincome
  1. 125101.00
Newtaxesexpense
  1. 43310.00
Number Of Separate Electric Meters
  1. 11
Number Of Separate Gas Meters
  1. 11
Otherexpense
  1. 83.00
Otherexpensedescription
  1. Fire Ext
Parcel Number
  1. 13342130
Pest Control Expense
  1. 1068.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 14010.00
Property Type
  1. Commercial/Residential
Roof
  1. Shingle
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 460160664:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Garden Grove
Tenant Pays
  1. Gas
  2. Telephone
  3. Cable TV
  4. Electricity
Totalexpenses
  1. 89235.00
Trash Expense
  1. 4936.00
Uncovered Spaces
  1. 16.00
Utilities
  1. Water Available
  2. Sewer Available
  3. Phone Available
  4. Natural Gas Available
  5. Cable Available
  6. Electricity Available
View
  1. None
Water Sewer Expense
  1. 9238.00
Water Source
  1. Public
Year Built
  1. 1961
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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