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$3,400,000
PW26198182 MLS Active Status
Don’t miss this rare, exceptional investment opportunity in a highly desirable location! 12922 & 12932 Shackleford Lane are two adjacent 6-unit income properties being offered together as a package deal for $3,400,000 ($1,700,000 per property). This well-maintained 12-unit portfolio features a highly desirable unit mix: each building offers one 2-bedroom/1-bathroom unit and five 1-bedroom/1-bathroom units. The properties boast excellent curb appeal with newly painted exteriors and brand-new outdoor stairs. Inside, all units have been upgraded with new circuit breakers, and each unit is individually metered for both gas and electricity to keep owner expenses low. Parking is abundant with four 2-car garages and 12 additional surface parking spaces. Additional highlights include an on-site, coin-operated laundry facility generating extra monthly income, and reliable, long-term value tenants currently in place. Conveniently located just minutes from local schools, supermarkets, and everyday amenities, this property offers significant upside rent potential and future development growth. A true pride-of-ownership asset for the savvy investor!

12922 Shackelford, Garden Grove

$1,650,000
6 Beds 3 Baths PW26116695 MLS Active Status
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!

12936 Lorna Street, Garden Grove

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.