12936 Lorna Street
$1,499,000
—
4,520
4,520
$332
Description
This exceptional property is situated in the heart of Garden Grove, ideally located next to Garden Grove Blvd and nestled between Magnolia and Beach Blvd. At 12936 Lorna St, you will find a spacious residential house featuring six permitted bedrooms and three bathrooms, perfect for accommodating a large family or as a potential rental. At the rear, 12938 Lorna St houses a commercial warehouse that operates as a custom cabinet shop, benefiting from grandfathered usage rights that add significant value...This exceptional property is situated in the heart of Garden Grove, ideally located next to Garden Grove Blvd and nestled between Magnolia and Beach Blvd. At 12936 Lorna St, you will find a spacious residential house featuring six permitted bedrooms and three bathrooms, perfect for accommodating a large family or as a potential rental. At the rear, 12938 Lorna St houses a commercial warehouse that operates as a custom cabinet shop, benefiting from grandfathered usage rights that add significant value to the property. There's a single water meter servicing both buildings. Tenants are responsible for their utilities, with the owner covering only the water bill. Access to the commercial building is provided via a small alley on the side, enhancing convenience for operations. The zoning in this area is conducive to a variety of light business uses and residential applications, making it suitable for daycare centers, hair salons, offices, or small religious centers. There is also a potential for new residential development, allowing up to three units. This property is also listed as residential with MLS #PW24217910. Both listings include residential and commercial being sold as one. Prospective buyers are encouraged to verify permitted uses with the City of Garden Grove Planning Department before submitting offers. Please note that the property is available for drive-by viewings only, and we kindly request that you do not disturb the current tenants. The existing residents are open to continuing their tenancy, making this an attractive investment opportunity. Inspections will be contingent upon an accepted offer, and the property is being sold as-is. This is a unique chance to secure a versatile property in a highly sought-after location. Don't miss this opportunity!
- Listed by Holly Pham • DRE #01909020 • Brokerage DRE #02123364 • First Galaxy Inc • hollylands@yahoo.com
Property Details for 12936 Lorna Street
Parking Spaces Total
6
Total Units2.0
Industrial TypeWarehouse/Distribution
Office ClassC
Business TypeCabinets
Lot Size SourceAssessor
Building Area Total4520
Building Area UnitsSquare Feet
LISTING UPDATED: 12/09/2024 05:34 AM
Property Details for 12936 Lorna Street
Status | Active |
---|---|
MLS # | PW24220262 |
Days on Market | 8 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1961 |
Lot Size | 0.25 AC / 10,890 SF |
County | Orange County |
Building Information for 12936 Lorna Street
Stories1Residences-Year Built1961Lot Size0.25 AC / 10,890 SF
Property Information for 12936 Lorna Street
Property History for 12936 Lorna Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 12936 Lorna Street
Taxable ValueLand$640,143Additions$385,297Total$1,025,440
Tax Record2024$12,487 ($1,041 / month)
Home Facts
Total Finished SqFt3,352 SqFtAbove Grade Finished SqFt3,352 SqFtStories1Lot Size10,848 SqFtStyleMiscellaneous IndustrialYear Built1956CountyORANGEAPN133-462-12
Schools near 12936 Lorna 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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