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Shawn Luong
626-643-7090
reoagent@shawnluong.com

CalBRE# 00857818
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Shawn Luong
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626-643-7090
reoagent@
shawnluong.com

CalBRE# 00857818
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12931 Lorna Street,  Garden Grove CA, 92841 (Residential Income)

1,662 sqft
Status: Sold
MLS#: CV15239160
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Last Updated: 6/22/2017 8:38 PM
Description for 12931 Lorna Street Garden Grove, CA 92841
Bread and butter duplex to be sold together with 8681 Garden Grove Bl, a 6-unit commercial building, MLS# CV15240117. The duplex comprises of one 2-bedroom and one one-bedroom. Rents are very low compared to market rents. Tenant on 12931 has lived on the property for over 30 years. Total combined lot size is 27,752 sf or approximately 0.63 acre. Zoned GGMU2, mixed use zoning. According to the general plan, GGMU2 does not need to have a commercial component. The residential density is 21 dwelling units per acre or 13 units based on the current acreage. Please refer to the attached city regulations and development standards. If interested, do not hesitate to ask about the package price deal for the sale of both parcels.
Price
Sold Price:
$500,000
Sold Date:03/30/2016
Orange
1,662 (approx)
CV15239160
Closed
Description
Bread and butter duplex to be sold together with 8681 Garden Grove Bl, a 6-unit commercial building, MLS# CV15240117. The duplex comprises of one 2-bedroom and one one-bedroom. Rents are very low compared to market rents. Tenant on 12931 has lived on the property for over 30 years. Total combined lot size is 27,752 sf or approximately 0.63 acre. Zoned GGMU2, mixed use zoning. According to the general plan, GGMU2 does not need to have a commercial component. The residential density is 21 dwelling units per acre or 13 units based on the current acreage. Please refer to the attached city regulations and development standards. If interested, do not hesitate to ask about the package price deal for the sale of both parcels.
Listing Information
Property Type: Cluster, Bungalow, 1 Story
0.24 Acres 10,328 sq.ft. 1,662 (approx)
$300.84 1942
1
Public Water Service
Sewer Connected
2 Total
Neighborhood
Room Information
Exterior / Lot Features
20 Parking Spaces, Unassigned
None
No Pool
Sidewalks, Street Lights, Suburban
Financial Considerations
13346413
$67,500 Income ,$21,500Expense
Listing Price History

Garden Grove Real Estate

Garden Grove is located in California. Garden Grove, California 92841 has a population of 175,393.

The median household income in Garden Grove, California 92841 is $59,360. The median household income for the surrounding county is $75,998 compared to the national median of $53,482. The median age of people living in Garden Grove 92841 is 36.3 years.

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Courtesy: CENTURY 21 MASTERS SHAWN LUONG
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