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Listed by Richard Le • Frontier Realty Inc
$1,700,000
Est. payment /mo
6 Beds
3 Baths
4,520 SqFt
Price Dropped by $50K
12936 Lorna Street Garden Grove, CA 92841
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Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,520 sqft
Price per Sqft $376
MLS Listing ID PW-26116695
Bedrooms 6
Full Baths 3
Year Built 1961
Lot Size 10,800 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Welcome to A Rare Mixed-Use Investment Opportunity in the Heart of Garden Grove! Discover an exceptional multi-use property combined total approximate 4520 SQFT Living and 10,800 SQFT Lot offering high visibility and endless potential in one of Garden Grove's most dynamic corridors. Located just off Garden Grove Boulevard between Magnolia Street and Newland Street, this unique real estate package features two separate structures on a single lot, perfectly zoned to accommodate both residential living and light commercial activity. Whether you are a mixed-use investor, an owner-user looking to operate a business from home, or a buyer seeking immediate rental income, this versatile property delivers unparalleled flexibility. There are TWO Structures, Maximum Versatility: The front of the property boasts a spacious 6-bedroom, 3-bathroom, 2-car garage Single-Family Residence (12936) appx 2020 SQFT living space with large driveway can park 4 cars and central A/C and heating for year-round comfort, providing ample space for a large family or an excellent source of residential rental income. Situated at the rear is a substantial Commercial Warehouse (12938) appx 2500 SQFT, currently operating as a Custom Cabinet Shop with highly coveted grandfathered usage rights. Adding to the functionality of the commercial space is convenient side alley access, allowing for seamless deliveries, extra parking, or streamlined day-to-day operations. This property is a turn-key addition to any portfolio, featuring reliable, long-term tenants already in place who are open to extending their lease for immediate income stability from day one. The property inspections available upon the acceptance of an offer. Drive-by viewing is welcome and please do not disturb the tenants. For specific questions regarding Zoning & Usage allowable uses and future development, the buyers are advised to contact the City of Garden Grove Planning Department directly. Don't miss out on this rare chance to secure a high-potential asset in a thriving, high-traffic location!
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
Building
Lot Description Lot 10000-19999 Sqft
Sewer Public Sewer
NEARBY SCHOOL & BUSINESS
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