12936 Lorna ST new

Garden Grove,CA 92841

$ 1499000

- Bed

- Bath

4520 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,520 sqft

Price per Sqft $331

MLS Listing ID PW24220262

Year Built 1961

Lot Size 10,890 Sqft

Property 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 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!

Location

State CA

County Orange

Area 63 - Garden Grove S Of Chapman, W Of Euclid

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Heating Natural Gas

Cooling Central Air

Laundry Inside

Exterior

Utilities Available Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected

Roof Type Asphalt,Shingle

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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