12922 Shackelford Ln, Garden Grove, California 92841, Garden Grove, 92841 - 0 bed, 0 bath
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Garden Grove, California 92841
This Mixed-Use Multi-Family Asset represents a stable acquisition with a List Price of $1,700,000, aligning perfectly with its $1,700,000 Fair Market Value. Comprising six units—one 2-bedroom and five 1-bedroom layouts—the property offers significant upside rent potential for a strategic value-add play. Recent exterior paint and individually metered utilities support the Condition Rating of 4, while the requirement to purchase the adjacent lot enables a powerful 12-unit portfolio expansion. This is a high-utility acquisition ideal for Buy-and-Hold Investors or Portfolio Managers targeting long-term ROI in Garden Grove.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12922 Shackelford Ln Subject | $1,700,000* List Price | 0 | 0 | 3,765 | $452 | - |
A 12932 Shackelford Ln Active | $1,700,000 List Price | 0 | 0 | 3,765 | $452 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, the property has been maintained with recent exterior improvements including new paint, outdoor stairs, and updated electrical breakers. While functional and individually metered, the lack of mentioned interior renovations to kitchens and bathrooms, coupled with the 'upside rent potential' description, indicates the units are likely dated and require cosmetic modernization.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7841, other record lot size in square feet = 8013.
12922 & 12932 Shackleford Lane - two adjacent properties must be sold together for $3,400,000 total, with each property offered at $1,700,000. Each property features 6 units, including 1 unit with 2 bedrooms and 1 bathroom and 5 units with 1 bedroom and 1 bathroom. Outdoor exteriors are newly painted. New outdoor stairs, All new indoor circuit breakers. All units are individually metered for Electricity and Gas. Four two-car Garages and 10 parking Spaces. Great long term value Tenants and upside rent potential for future development and growth. On-site Coined Washer and Dryer machines for extra income. Close to School, supermarkets and much more. Don’t miss out this good investment opportunity in a desirable location.
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 | 3,765 | 6,643 | 50% |
| Lot Size | 7,841 | 12,549.5 | 50% |
| Price | $1.70M | $3.06M | 50% |
| Price per sq ft | $452 | $458 | 50% |
| Built year | 1958 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 162 | 180 | 50% |
Nov 11, 2025
$1,700,000
Initial Listing
Jun 27, 2002
$1,200,000
Public Record