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12936 Lorna Street , #2

Garden Grove, CA 92841
  • $1,850,000
  • STATUS: Active
  • ON SITE: 393 Days
  • ID#: OC22092879
UPDATED: 40 min ago
$1,850,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Cu Tran of Cqt Paradigm Goup Inc. (714-350-0725)


Description

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

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-02T13:37:23.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/128359733
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12936 Lorna Street , #2 Garden Grove, CA 92841

  • Price: $1,850,000
  • Status: Active
  • On Site: 393 Days
  • Updated: 40 min ago
  • ID#: OC22092879
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1961
Built
Neighborhood:
Other (Othr)
County:
Orange
Area:
63 - Garden Grove S of Chapman, W of Euclid
Property Description
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
Exterior Features

Lot Features 0-1 Unit/AcreRectangular Lot Number Of Separate Electric Meters 2 Parking Features AsphaltDirect AccessDrivewayGarage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Roof AsphaltShingle

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Heating Natural Gas Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features RuralStreet LightsSidewalks Current Financing Conventional Electric Expense 600 Fuel Expense 0 Garage YN Yes Gross Income 76800 Gross Scheduled Income 76800 Insurance Expense 1800 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalOwner May Carry Maintenance Expense 0 Net Operating Income 60722 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 16078 Other Expense 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays All Utilities Total Actual Rent 6400 Trash Expense 900 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 900 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-02T13:37:23.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Cu Tran of Cqt Paradigm Goup Inc. (714-350-0725)