12932 Shackelford Ln, Garden Grove, California 92841, Garden Grove, 92841 - 0 bed, 0 bath
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Garden Grove, California 92841
This Multi-Unit Residential Asset is listed at $1,700,000, representing a stable entry point at its $1,700,000 Fair Market Value. Part of a dual-property acquisition, this Six-Unit building holds a Fair Condition Rating, offering significant Value-Add potential through interior renovations. The property is Individually Metered for gas and electricity and features Four Garages plus Ten Parking Spaces, maximizing utility for tenants. With on-site laundry and strong rental upside in a central location, this is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking scale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12932 Shackelford Ln Subject | $1,700,000* List Price | 0 | 0 | 3,765 | $452 | - |
A 12922 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 circuit breakers. However, the interior units feature dated kitchens and bathrooms with older cabinetry, basic appliances, and aged finishes, placing it in the 'fair' category as a functional but aesthetically outdated investment property.
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 = 7997.
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-stie 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