$1,700,000
$175K PRICE DROP

12932 Shackelford Ln Garden Grove, CA 92841

Koreatown Neighborhood

Estimated payment $11,170/month

Total Views 14,437
7 Beds
6 Baths
3,765 Sq Ft
$452 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Stanford Elementary School Rated A
  • Laundry Room
  • Partially Fenced Property

About This Home

The two adjacent properties 12922 and 12932 Shackleford Lane are to be sold together.Each property has 6 Units : 1 unit with (2 Beds and 1 Bath), 5 units with (1 Bed and 1 Bath). Outdoor exteriors are newly painted. New outdoor stairs, All new indoor circuit breakers.All units are individually metered for Electricity and Gas. Four two-car Garages and 10 parking Spaces. Great long term value Tenants and upside rent potential for future development and growth. On-stie Coined Washer and Dryer machines for extra income.Close to School, supermarket and much more..Don’t miss out this good investment opportunity in a desirable location.

Listing Agent

Thu Anh Cahill

Ana Real Estate Brokerage Phone: 949-419-7653 License #02106686

Co-Listing Agent

Lisa Nguyen

Ana Real Estate Brokerage Phone: 949-419-7653 License #01384832

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,997 Sq Ft Lot
  • Two or More Common Walls
  • Partially Fenced Property
  • Wood Fence

Parking

  • 5 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,765 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Gas Cooktop

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 13342139
  • $11,574 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $444
  • Fuel Expense $2,576
  • Insurance Expense $2,981
  • Maintenance Expense $3,550
  • Trash Expense $3,040
  • Water Sewer Expense $4,596
  • Operating Expense $17,307
  • Gross Income $84,146
  • Net Operating Income $66,839

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 714-234-7468
  • Other Phone Number: 949-419-7652
  • Price Per Unit: 283333
  • Property Attached: Yes
  • Water Sewer Expenses: 4596.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 13342139
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: One
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 451.53
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Partial, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 3040.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7997.18
  • Lot Size Acres: 0.1836

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 443.50
  • Fuel Expense: 2576.00
  • Gross Income: 84146.00
  • Gross Scheduled Income: 83340.00
  • Insurance Expense: 2981.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 806.00
  • Lot Size Area: 7997.1800 Square Feet
  • Maintenance Expense: 3550.00
  • Net Operating Income: 66839.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 17307.00
  • Rent Control: No
  • Total Actual Rent: 7020.00
  • Total Expenses: 17307.00

Tax Info

  • TaxOtherAnnualAssessmentAmount: 11574.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2025 01/25/25 Price Changed $1,700,000 -9.3% $452 / Sq Ft
11/15/2024 11/15/24 For Sale $1,875,000 -- $498 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24232029

California Regional Multiple Listing Service (CRMLS)

California Orange County Garden Grove 92841 Koreatown

12932 Shackelford Ln, Garden Grove, CA

Homes for Sale in Garden Grove, CA

This home is located at 12932 Shackelford Ln, Garden Grove, CA 92841 and is currently priced at $1,700,000, approximately $451 per square foot. This property was built in 1958. 12932 Shackelford Ln is a home located in Orange County with nearby schools including Stanford Elementary School, Alamitos Intermediate School, and Bolsa Grande High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Listing Agent
Thu Anh Cahill
Section Image
Ana Real Estate
(657) 837-0182