
Garden Grove, California 92841
Analysis of 12891 Shackelford 10, Garden Grove, California 92841 is currently available with a list price of $3,488,888. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Garden Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1961, the property is well-maintained but shows inconsistent renovation levels across units. While some interiors feature modern white shaker cabinets and updated flooring, others retain original 1960s wood cabinetry, wall ovens, and popcorn ceilings, indicating a need for further updates to aging systems.
The property features a diverse mix of one and two-bedroom units, including premium townhome-style units with attached two-car garages and private laundry hookups, catering to a wide range of long-term tenants.
Centrally located in a strong rental pocket with immediate access to the I-5, SR-22, and I-405 freeways, providing residents with easy commutes to major employment hubs in Anaheim, Irvine, and coastal cities.
Situated on a large 0.53-acre lot with R-3 zoning, the property offers significant rental upside through further interior renovations and potential for future density optimization in a high-demand Orange County market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =23087, other record lot size in square feet = 21752. Living area discrepancy between mls listing and other public or private record. mls listing living area = 8305, other record living area = 5109.
Originally constructed in 1961, the property may require significant capital expenditures for long-term maintenance or upgrades to aging infrastructure such as plumbing, electrical, and roofing systems.
While some units feature modern updates like new kitchens and flooring, the property lacks uniform renovations across all units, which may lead to inconsistent rental rates and immediate turnover costs for an investor.
Prime 10-Unit Multifamily Investment Opportunity in the Heart of Garden Grove. 12891/12865/12861 Shackelford Lane, Garden Grove, CA 92841. Presenting 12891 Shackelford Lane, a highly desirable 8 unit apartment building and a 2 unit building situated in a strong rental pocket of Garden Grove, California. Positioned on a spacious 0.53-acre lot, this well-maintained 8,305 sq. ft. property (built in 1961) represents a rare and lucrative opportunity for investors seeking a stable asset with strong rental upside in Central Orange County. The property boasts a highly attractive and strategic unit mix designed to appeal to a wide tenant base and encourage long-term occupancy: Five 1-Bedroom / 1-Bathroom Units, three 2-Bedroom / 1-Bathroom Units, with two additional units just behind the parking lot that consist of two 2-Bedroom / 2-Bathroom units with attached two car garage. Some of the units have been updated with newer countertops, flooring, vanities, with a new kitchen, featured in the photos. Residents enjoy access to a community courtyard, an on-site laundry facility, and ample parking, including highly coveted detached one car garages. The spacious duplex/townhome units offer the added convenience of private in-unit washer and dryer hookups and an attached two car garage with a driveway. Situated in an R-3 (Multiple-Family Residential) zone, optimizing the lot's current and future density use. Centrally located west of the I-5 freeway, the property offers rapid access to the SR-22 and I-405 freeways, making commutes to Anaheim, Irvine, and the coastal cities a breeze. Whether you are looking to expand your existing Orange County multifamily portfolio or searching for a robust 1031 exchange property, 12891 Shackelford Lane offers the perfect blend of immediate stability and long-term value. Contact us today for more details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 8,305 | 8,913 | 50% |
| Lot Size | 23,087 | 20,172.5 | 50% |
| Price | $3.49M | $3.95M | 50% |
| Price per sq ft | $420 | $442 | 50% |
| Built year | 1961 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 103 | 50% |
Apr 13, 2026
$3,488,888
Initial Listing
Sep 15, 2021
$3,275,000
Public Record
Dec 29, 2004
$1,400,000
Public Record