Garden Grove, CA 92841 12891 12893 Adelle Street

Pending
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Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com
  • MLS# PW24050853
  • 03/13/2024
  • Request Tour
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  • BedBeds • 2
  • BathBaths • 1
  • FootageSQFT • 2,749

Home Details

Pleased to present 12891 & 12893 Adelle Street, Garden Grove, CA. A unique investment opportunity in the heart of the vibrant Koreatown neighborhood, just minutes away from the lively atmosphere of Little Saigon. The first component of this property is a charming single-story single-family home, providing a comfortable and private living space. Complementing the single-family home is a single-story fourplex on the adjacent lot, featuring (4) well-appointed one-bedroom/one-bathroom units. Investors will find immense potential in the redevelopment possibilities offered by the GGMU-2 zoning. The single-family house presents an excellent opportunity for transformation or expansion, allowing for creative and strategic redevelopment plans. Capitalize on the potential to enhance the property's value and maximize returns by exploring various development options. Don't miss the chance to be a part of the thriving Garden Grove community and seize the potential for growth and development at 12891 & 12893 Adelle Street. Whether you are an investor looking for a promising project or a homeowner seeking a unique property with development potential, this offering is sure to capture your attention. Explore the possibilities and make your mark in this dynamic and evolving neighborhood.
Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com

Interior Features for 12891 12893 Adelle Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls, NoOneAbove
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 12891 12893 Adelle Street

Additional Parcels Description133-472-04
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.4
Carport Spaces0.0
Carport Y/NNo
CityGarden Grove
Community FeaturesCurbs, Gutters, Sidewalks
CountyOrange
Days on Market3
DirectionsNorth of Garden Grove Blvd and East of Dale St.
Electric Expense1023.8
Entry Location1
Fuel Expense1023.8
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3420.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsSubmit
Lot Size Square Feet12173.0
MLS Area699 - Not Defined
MaintenanceExpense4672.0
MobileHomeRemainsYNNo
Net Operating Income60874.0
New ConstructionNo
Open Parking Spaces6.0
Operating Expense32560.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Street NameAdelle
Tax Annual Amount16450.0
Tax Lot7
Taxes$18,023
Total Actual Rent8027.0
Total Units5
Trash Expense1023.8
View Y/NNo
Water Sewer Expense1023.8
Waterfront Y/NNo
Year Built1939
Year Built SourceAssessor

Exterior for 12891 12893 Adelle Street

Building Area Total2749.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.2795
Lot Size Area12173.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters2
Open Parking Y/NNo
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,395,000
MLS#PW24050853
List Date 03/13/2024
Property Type Pending
Phone 714.964.3311
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