12891 12893 Adelle Street Garden Grove, CA $ 1,395,000
12891 12893 Adelle Street
$ 1,395,000
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12891 12893 Adelle Street

Garden Grove, CA, 92841
$ 1,395,000
Bedrooms6 Baths2.0 Sq 2,749

Monthly Estimate*

$ 9,272

Listed by Morgan Skenderian
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 1
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 2
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 3
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 4
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 5
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 6
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 7
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 8
12891 12893 Adelle Street, Garden Grove, CA 92841 - Image 9

Multi-Family Home for sale in Garden Grove, CA

for $1,395,000 with 6 bedrooms and 2 full baths. This 2,749 square foot home was built in 1939 on a lot size of 0.2795.

Pleased to present 12891 & 12893 Adelle Street, Garden Grove, CA. A unique investment opportunity in the heart of the vibrant Koreatown neighborhood, just minutes away from the lively atmosphere of Little Saigon. The first component of this property is a charming single-story single-family home, providing a comfortable and private living space. Complementing the single-family home is a single-story fourplex on the adjacent lot, featuring (4) well-appointed one-bedroom/one-bathroom units. Investors will find immense potential in the redevelopment possibilities offered by the GGMU-2 zoning. The single-family house presents an excellent opportunity for transformation or expansion, allowing for creative and strategic redevelopment plans. Capitalize on the potential to enhance the property's value and maximize returns by exploring various development options. Don't miss the chance to be a part of the thriving Garden Grove community and seize the potential for growth and development at 12891 & 12893 Adelle Street. Whether you are an investor looking for a promising project or a homeowner seeking a unique property with development potential, this offering is sure to capture your attention. Explore the possibilities and make your mark in this dynamic and evolving neighborhood.

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Multi-Family Pending

Price

$ 1,395,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 16,450

Style

Apartment

Lot Size

0.2795

Year Built

1939

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

PW24050853

Days on Market

74

Features
General
Sewer PublicSewer
Garage Spaces 0.0
Pool Features None
Year Built 1939
Levels ThreeOrMore
Property SubType Apartment
Gross Income 0.0
Community Features Curbs Gutters Sidewalks
Additional Parcels Description 133-472-04
County Orange
Net Operating Income 60874.0
Operating Expense 32560.0
Insurance Expense 3420.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions North of Garden Grove Blvd and East of Dale St.
City Garden Grove
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 6.0
Total Units 5
MLS Area 699 - Not Defined
Lot Size Square Feet 12173.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Street Name Adelle
Listing Terms Submit
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 16450.0
Electric Expense 1023.8
Home Warranty Y/N N
Fuel Expense 1023.8
Trash Expense 1023.8
Water Sewer Expense 1023.8
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 3
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 7
Total Actual Rent 8027.0
Property Sub Type Additional Apartment
Taxes 18023.0
Cap Rate 4.4
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Exterior
Lot Features RectangularLot
Water Source Public
Total Parking 6.0
Lot Size Area 12173.0
Number of Buildings 2
Spa N
Building Area Total 2749.0
Lot Size Acres 0.2795
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls Item2CommonWalls NoOneAbove
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 12891
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* Excluded Features
List By
Morgan Skenderian

Broker

(949) 251-8800

Phone

Affordability Calculator

$10,642
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,272
Monthly Property Taxes
$1,371
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$1,395,000 Listed Price

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12891 12893 Adelle Street, Garden Grove, CA, 92841 is a Multi-Family Home for sale at $1,395,000 with 2,749 sqft and a lot size of 0.2795. 12891 12893 Adelle Street has 6 bedrooms, 2.0 baths, and was built in 1939. The property's zip code is 92841 which is in Garden Grove, CA