12936 Lorna Street

Garden Grove, CA 92841

$1,499,000
Price
—
Beds
4,520 Sq. Ft.
$332 / Sq. Ft.
4,520
Sq. Ft.
$332
per Sq. Ft.

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!
  1. 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 Units
2.0
Industrial Type
Warehouse/Distribution
Office Class
C
Business Type
Cabinets
Lot Size Source
Assessor
Building Area Total
4520
Building Area Units
Square Feet
LISTING UPDATED: 10/23/2024 04:49 PM

Property Details for 12936 Lorna Street

StatusActive
MLS #PW24220262
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1961
Lot Size0.25 AC / 10,890 SF
CountyOrange County

Building Information for 12936 Lorna Street

Stories1Residences-Year Built1961Lot Size0.25 AC / 10,890 SF

Property Information for 12936 Lorna Street

Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Central Air
  • Heating: Natural Gas
Exterior Features
  • Roof: Asphalt, Shingle
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Current Use: Commercial
  • Current Use Comments: Commercial, Parking lot, Residential
  • Land Use: Industrial, Other
  • Lease Considered: No
  • Land Lease: No
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Industrial
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 3
  • Unit Type Actual Rent: $3,900
  • Unit Type Area: 2020
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Residential
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Area: 2500
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: Warehouse

Property History for 12936 Lorna 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 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.

Similar Homes

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12936 Lorna Street is a mixed use property for sale in Garden Grove, CA 92841. This property was listed for sale on October 23, 2024 by First Galaxy Inc, it's currently listed at $1,499,000. It has been on the market for a total of 25 days and was last sold on November 9, 2005. 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 Lorna Street is a 0-bed, 0-bath, 4,520 sqft mixed use property built in 1961.

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 First Galaxy Inc, Holly Pham, DRE #01909020

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.