12891 Shackelford #10, Garden Grove, CA 92841
12891 Shackelford #10, Garden Grove, CA 92841
12891 Shackelford #10, Garden Grove, CA 92841
12891 Shackelford #10, Garden Grove, CA 92841
12891 Shackelford #10, Garden Grove, CA 92841
12891 Shackelford #10, Garden Grove, CA 92841
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George Cardenas

George Cardenas

+1(562) 413-4431
$ 3,488,888
Est. payment | /mo

0.53 Acres Lot

Save
$ 3,488,888
Est. payment | /mo
Save

0.53 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Garden Grove

MLS Listing ID OC26074575

HOA Y/N No

Year Built 1961

Lot Size 0.530 Acres

Property Sub-Type Mixed Use

Property 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.
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Location

State CA

County Orange

Area 63 - Garden Grove S Of Chapman, W Of Euclid

Interior

Heating Wall Furnace

Cooling None

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Fence Block, Wood

Pool None

Community Features Biking, Curbs, Golf, Park, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 28

Private Pool No

Building

Lot Description 6-10 Units/Acre, Sprinklers Timer, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 13342130

Energy Description 2673.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jim Daly The L3 714-292-7869, DRE #02089079

Nearby Locations

George Cardenas
George Cardenas

Agent | License ID: 01937063

+1(562) 413-4431 | georgecardenasre@gmail.com

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12891 Shackelford #10