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Master on Main
Address
8652 Acacia Avenue Garden Grove, CA
Price
$ 1,250,000
Property Attributes
  • MLS#OC19115095
  • TypeIncome
  • CountyORANGE
  • CityGarden Grove
  • AreaGarden Grove S of Chapman - W of Euclid
  • NeighborhoodOther
  • Zip92841
  • Style
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3266
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Chinh Pham with First Team Real Estate.
Property Description

Rare investment/development opportunity centrally located in Garden Grove! Huge Corner Lot - nearly 14,000 square feet! Zoned as Garden Grove Mixed Use. The city permits building of residential plus commercial mixed-use development – up to 4 stories! Main floor can be parking. Two stories for residential. Leave the last story for your commercial component! Build an apartment up to 6 units with 4 bedrooms each. Commercial component optional if you want to maximize return on investment! Live/Work Office Space, Restaurant, or Medical Office to name a few options! Or if you are looking for stable income in a Hot Rental Area, there’s currently 4 single story units on the lot. 2 Detached Single Family plus a Duplex. Each unit has separate electric and gas meters. Rents are below market. Close to restaurants, entertainment, shopping centers! Easy access to 22, 405 and 5 freeways! Your opportunity awaits!

Price History
5/17/2019 Listed $1,475,000
9/6/2019 4% - $1,430,000
9/24/2019 6% - $1,350,000
10/2/2019 8% - $1,250,000

General Features

Assessments Unknown
Attached Structure Attached
Co-Listing Agent Last Name Nguyen
Co-Listing Agent Last Name Khanh Phu
Co-Listing Agent State License # 01996906
Co-listing Agent Khanh Phu Nguyen - BRE#01996906
Community Features Biking, Suburban
Directions Near Newland & Garden Grove - Use Navigation
Flooring Tile
HOA Fee 0.00
Levels One
Listagentaor Orange County
Listing Agent Chinh Pham - BRE#02023389
Listing Agent State License 02023389
MLS Area 63 - Garden Grove S of Chapman, W of Euclid
Number of Units Leased 4
Price Per Square Foot 382.73
Property Attached Y/N Yes
Security Features Carbon Monoxide Detector(s), Fire and Smoke Detection System
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Subdivision Name NA
Subdivision Name Other (OTHR)
Total Units 4
Zoning Garden Grove Mix Use

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Appliances Gas Range
Appliances Y/N Yes
Common Walls 1 Common Wall, No One Above
Heating Wall Furnace
Heating Y/N Yes
Laundry Features Inside
Laundry Y/N Yes
Room Type All Bedrooms Down
Studio Area Unit Type Square Feet
Total Stories 1
Utilities Electricity Available, Sewer Available, Water Available

Exterior Features

Building Area Total 3266.00
Exterior Features Barbecue Private
Foundation Details Slab
Garage Spaces 2.00
Lot Features 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Park Nearby, Value In Land, Yard
Lot Size Acres 0.3200
Lot Size Area 13939.0000
Lot Size Source Assessor
Lot Size Square Feet 13939.00
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Pool Features None
Road Frontage Type City Street
Road Surface Type Paved
Roof Shingle
Sewer Public Sewer
Total Parking 8.00
Uncovered Spaces 6.00
View None
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92841

Price
AVG $2.59M
$1.25M
Visits
AVG 23
44
Year Built
AVG 1957
1954
Walkscore
AVG 72
75
Data Provided by Walkscore ® not using MLS data

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