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$1,389,000

Est. payment - /mo

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5 BD

4 BA

10,019 Sqft Lot

Price Dropped by $10K

12936 Adelle Street Garden Grove, CA 92841

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

10/19/2024 11:36 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24175773

Bedrooms 5

HOA Y/N No

Lot Size 10,019 Sqft

Lot Dimensions 75' * 135'

Property Description

Opportunity to Own a 3-Unit Property in High-Demand Garden Grove! This 3-unit property is situated on an oversized 10,000 sqft lot, offering plenty of space for potential expansion. According to city regulations, there is room to build an 800 sqft 2-bed/2-bath ADU as a 4th unit. The large lot provides ample parking options. Current rental rates are still well below market value, presenting an excellent investment opportunity. The front building consists of Unit 1 (1 bed/1 bath) and Unit 2 (2 bed/2 bath). The second building features a 2-bed/2-bath unit with an attached 1-car garage and its own private backyard, perfect for tenants to enjoy gardening. Additionally, a detached 2-car garage is designated for the front units, providing 1 parking spot per unit. There are also 5 additional parking spaces available for all tenants, plus plenty of street parking if needed.
Opportunity to Own a 3-Unit Property in High-Demand Garden Grove! This 3-unit property is situated on an oversized 10,000 sqft lot, offering plenty of space for potential expansion. According to city regulations, there is room to build an 800 sqft 2-bed/2-bath ADU as a 4th unit. The large lot provides ample parking options. Current rental rates are still well below market value, presenting an excellent investment opportunity. The front building consists of Unit 1 (1 bed/1 bath) and Unit 2 (2 bed/2 bath). The second building features a 2-bed/2-bath unit with an attached 1-car garage and its own private backyard, perfect for tenants to enjoy gardening. Additionally, a detached 2-car garage is designated for the front units, providing 1 parking spot per unit. There are also 5 additional parking spaces available for all tenants, plus plenty of street parking if needed.

Location

State CA

County Orange

Area Oc - Garden Grove (92841)

Zoning Assessor

Exterior

Garage Unit1:Assigned

Building

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $51

Acceptable Financing Land Contract

Space Rent $1,700

Listing Terms Land Contract

Listed by Long Nguyen • Advance Estate Realty

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

12936 Adelle Street Garden Grove, CA 92841

Richard Combs

Key Details

Location

Exterior

Building

Others

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12936 Adelle Street