12551 Lorna Street, Garden Grove CA, 92841

Sold

12551 Lorna Street

Garden Grove CA, 92841

$3,160,000

$486.15 per sqft

Sold

6,500 sqft

Residential

Built in 1963

Listed by Hiu Chan with Hiu Chan, Broker 562-257-1200

The Lorna Apartments has an attractive assumable interest only loan at 3.45% till 7/2026. It is a proud of ownership apartment property built in 1963 of wood frame and stucco construction on a 21,201 sqft lot. The property has highly desirable unit mix of spacious one 3 Bedroom 2 Bath front unit and six 2 Bedroom 1 Bath units. The units are nicely lay out and have private patios. It is separately metered for gas and electricity and each unit has
its own hot water heaters. There is ample onsite parking with 8 parking garages and 8 open parking spaces in front of the garages.
There is an onsite laundry facility for the convenience of the tenants. Major recent improvement includes new roof, paving, rain
gutters, and landscape upgrades. It is a well-maintained income property with a turnkey operation with many potentials. There are no assessor building sqft. Unit Sqft is estimated. Buyer and Buyer's agent to verify.

PW22211675

MLSⓇ ID

September 28, 2022

Listed

March 23, 2024

Updated

Map

12551 Lorna Street
Garden Grove CA, 92841

Interior Features

Laundry Description: Common Area
Fireplace: Yes
Fireplace Description: Outside
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.49 Acres
Lot Features: 6-10 Units/Acre
Sewer: Public Sewer

Other Property Details

Area Name: 63 - Garden Grove S of Chapman, W of Euclid
Days on Market: 54
Garage: Yes
Garage Spaces: 8
Parking Total: 16
View: No
County: Orange
Water Source: Public
Pool: No
Pool Features: None
Buyer Agency Compensation: 2%

Listing Contact: 562-257-1200

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:39 AM UTC