12936 Adelle Street

Garden Grove, CA 92841

$1,389,000
Price
5
Beds
4
Baths
2,600 Sq. Ft.
$534 / Sq. Ft.
2,600
Sq. Ft.
$534
per Sq. Ft.

Description

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...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.
  1. Listed by Long Nguyen • DRE #01391629 • Brokerage DRE #01480932 • Advance Estate Realty • 714-933-5686
  2. Listed by Hang-Ny Nguyen • DRE #02104933 • Brokerage DRE #01480932 • Advance Estate Realty

Property Details for 12936 Adelle Street

Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
75' * 135'
Living Area
2600
LISTING UPDATED: 10/18/2024 05:50 AM

Property Details for 12936 Adelle Street

StatusActive
MLS #OC24175773
Days on Market86
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.23 AC / 10,019 SF
CountyOrange County

Virtual Tour

Building Information for 12936 Adelle Street

Stories1Residences-Year Built1956Building Size-Lot Size0.23 AC / 10,019 SF

Property Information for 12936 Adelle Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $73,020
  • Gross Scheduled Income: $73,020
  • Net Operating Income: $46,978
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $23,641
  • New Taxes Expense: $16,555
  • Gardener Expense: $100
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,375
  • Maintenance Expense: $800
  • Trash Expense: $982
  • Water Sewer Expense: $1,725
  • Total Expenses: $23,641
Tax / Assessment Info
  • Tax Tract Number: 807
  • Tax Census Tract: 881.07
  • CFD/Mello-Roos Fee: $619
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Gas Water Heater
  • Equipment: Inside
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Virtual Tour URL Unbranded: https://youtu.be/FmwPELzJqHE
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Shingle
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Sprinkler System
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Assigned, Direct Entrance, Garage, Garage - 1 Car
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Assigned, Direct Garage Access, Concrete, Garage, Garage Faces Front, Garage - Single Door
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,035
  • Unit Type Total Rent: $2,035
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 12936 Adelle Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12936 Adelle Street

Taxable ValueLand$1,270,396Additions$108,134Total$1,378,530
Tax Record2024$16,858 ($1,405 / month)
Home Facts
Total Finished SqFt909 SqFtAbove Grade Finished SqFt909 SqFtLot Size10,202 SqFtStyleTriplexYear Built1947CountyORANGEAPN133-464-09

Schools near 12936 Adelle Street

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Stanford Elementary School
PublicK to 6

Alamitos Intermediate School
Public7 to 8

Rancho Alamitos High School
Public9 to 12

Marie L. Hare High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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12936 Adelle Street is a multi-family home for sale in Garden Grove, CA 92841. This property was listed for sale on August 23, 2024 by Advance Estate Realty, it's currently listed at $1,389,000. It has been on the market for a total of 86 days and was last sold on March 22, 2022. This listing's school district is Garden Grove Unified School District. Nearby schools include Stanford Elementary School, Alamitos Intermediate School and Rancho Alamitos High School. 12936 Adelle Street is a 5-bed, 4-bath, 2,600 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Advance Estate Realty, Long Nguyen, DRE #01391629; Advance Estate Realty, Hang-Ny Nguyen, DRE #02104933

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.