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Listed by Phuong Vu • Real Broker
$3,400,000
Est. payment /mo
7,530 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 7,530 sqft
Price per Sqft $451
MLS Listing ID PW-26198182
Year Built 1958
Lot Size 0.360 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Don't miss this rare, exceptional investment opportunity in a highly desirable location! 12922 & 12932 Shackleford Lane are two adjacent 6-unit income properties being offered together as a package deal for $3,400,000 ($1,700,000 per property). This well-maintained 12-unit portfolio features a highly desirable unit mix: each building offers one 2-bedroom/1-bathroom unit and five 1-bedroom/1-bathroom units. The properties boast excellent curb appeal with newly painted exteriors and brand-new outdoor stairs. Inside, all units have been upgraded with new circuit breakers, and each unit is individually metered for both gas and electricity to keep owner expenses low. Parking is abundant with four 2-car garages and 12 additional surface parking spaces. Additional highlights include an on-site, coin-operated laundry facility generating extra monthly income, and reliable, long-term value tenants currently in place. Conveniently located just minutes from local schools, supermarkets, and everyday amenities, this property offers significant upside rent potential and future development growth. A true pride-of-ownership asset for the savvy investor!
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Interior
Heating Forced Air
Fireplaces Type None
Laundry Common Area, Gas Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 8.0
Pool None
Community Features Street Lights
Utilities Available Water Connected, Electricity Connected
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900