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.
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.
Property Details
Price:
$1,399,000
MLS #:
OC24175773
Status:
Active
Baths:
0
Address:
12936 Adelle Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
61nofgargrvsofballeofknottwofdal
City:
Garden Grove
Listed Date:
Aug 23, 2024
State:
CA
ZIP:
92841
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
1956
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Range, Gas Water Heater
Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Urban
Electric
Standard
Garage Spaces
3.00
Lot Features
Sprinkler System
Parking Features
Assigned, Direct Garage Access, Concrete, Garage, Garage Faces Front, Garage – Single Door
Parking Spots
8.00
Pool Features
None
Roof
Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address12936 Adelle Street Garden Grove CA
- Area61 – N of Gar Grv, S Of Ball, E of Knott, W of Dal
- CityGarden Grove
- CountyOrange
- Zip Code92841
Similar Listings Nearby
- 3701 W Savanna Street
Anaheim, CA$1,800,000
3.69 miles away
- 3700 W Savanna Street
Anaheim, CA$1,800,000
3.68 miles away
- 1122 W Broadway
Anaheim, CA$1,797,500
4.92 miles away
- 1126 W Broadway
Anaheim, CA$1,797,500
4.91 miles away
- 17361 Keelson Lane
Huntington Beach, CA$1,795,000
4.49 miles away
- 234 S Knott Avenue
Anaheim, CA$1,765,000
4.07 miles away
- 13402 Euclid Street
Garden Grove, CA$1,750,000
2.57 miles away
- 9611 Alwood Avenue
Garden Grove, CA$1,700,000
1.28 miles away
- 938 S Gilbuck Drive
Anaheim, CA$1,695,000
4.13 miles away
- 7883 16th Street
Westminster, CA$1,650,000
1.25 miles away
Courtesy of Advance Estate Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
12936 Adelle Street
Garden Grove, CA
LIGHTBOX-IMAGES