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12936 Lorna St, Garden Grove, CA, 92841

$1,499,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
4,520 SqFt
$332/SqFt
Multi

Location

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12936 Lorna St, Garden Grove$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Attached Garage2 spaces
Year Built1961
HeatingNatural Gas
CoolingCentral Air
FireplaceNone
ViewNeighborhood
MLS #PW24217910
Lot Size0.25 Acres
StatusActive

About 12936 Lorna St

Prime Multi-Use Property in the Heart of Garden Grove! Discover a unique opportunity in a bustling location, situated just off Garden Grove Blvd between Magnolia and Beach Blvd. This property encompasses two distinct buildings: a spacious 6-bedroom, 3-bath residential home at 12936 and a versatile commercial warehouse at 12938, currently utilized as a custom cabinet shop (grandfathered usage). Key Features are Residential & Commercial Potentials Ideal for mixed-use ventures! The property’s zoning accommodates light business operations alongside residential options, including daycare centers, salons, offices, or even the possibility of developing up to 3 additional residential units. Convenient side alley access to the commercial space enhances functionality. Current long term tenants are reliable and open to extending their lease, providing immediate income potential. This property is sold AS-IS, and inspections will be conducted upon acceptance of an offer. Drive-bys are welcome, but please respect tenant privacy and do not disturb them. For specific usage inquiries, please consult the City of Garden Grove Planning Department. Don’t miss this rare chance to invest in a prime location with immense potential! Thank you for your interest!

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 1
  • Living Area: 4,520 SqFt

Listing Office:

  • Office Name: First Galaxy Inc
  • Office Email: hollylands@yahoo.com
  • Listing Agent: Holly Pham

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Garden Grove and Magnolia cross streets

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $332/SqFt

Tax Information:

  • Annual Amount: $11,879
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Garden Grove, CA.

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Garden Grove, CA

City

Med. Sold Price

$925.6K

Med. Price/SqFt

$609

Avg. Days On Market

23

# of Sold Homes

49

12936 Lorna St vs Garden Grove

52 DAYS ON ROCKET

+29 Days

$1,499,000

+$573.3K More

$332/SqFt

-$278 Less

KEY TAKEAWAY

This property is $573.3K more than the Median Sold Price and $278/SqFt less than other homes in Garden Grove, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24217910

Listing Office:

  • Office Name: First Galaxy Inc
  • Office Email: hollylands@yahoo.com
  • Listing Agent: Holly Pham

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 30, 2005Home Sold
$650,000
Jun 24, 2005Home Sold
$525,000
Feb 19, 2004Home Sold
$265,000
Oct 31, 2002Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,879$966,297
2020$11,719$956,389
2019$10,530$937,637
2018$10,531$858,112
2017$9,560$771,858

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4325223
8
/10

  • Stanford Elementary School

  • 12721 Magnolia St

  • 0.36 miles

  • Public District Grades KG-6

school-card-donut-4325224
6
/10

  • Meairs Elementary School

  • 8441 Trask Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-4325225
5
/10

  • Ernest O. Lawrence Elementary School

  • 12521 Monroe St

  • 0.59 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,253. The most common annual income of people living in Garden Grove, CA is between $35k-100k. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›Garden Grove›92841›12936 Lorna St

This home is located at 12936 Lorna St in Garden Grove, CA and zip code 92841. This 4,520 square foot home, which was built in 1961, sits on a 0.25 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $1,499,000.

Garden Grove, CA housing market in November 2024 saw over 31 listings sold above listed price, more than 4 sold at listed price and over 14 sold below. The inventory of homes for sale in Garden Grove, CA between October 2024 and November 2024 decreased by 13.6%. In November 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $925,666.

From Rocket Homes Real Estate and based on county public records data.

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