For Sale Property MLS# PW26198182

12922 Shackelford

Garden Grove, CA 92841

$3,400,000

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About 12922 Shackelford

Don’t miss this rare, exceptional investment opportunity in a highly desirable location! 12922 & 12932 Shackleford Lane are two adjacent 6-unit income properties being offered together as a package deal for $3,400,000 ($1,700,000 per property). This well-maintained 12-unit portfolio features a highly desirable unit mix: each building offers one 2-bedroom/1-bathroom unit and five 1-bedroom/1-bathroom units. The properties boast excellent curb appeal with newly painted exteriors and brand-new outdoor stairs. Inside, all units have been upgraded with new circuit breakers, and each unit is individually metered for both gas and electricity to keep owner expenses low. Parking is abundant with four 2-car garages and 12 additional surface parking spaces. Additional highlights include an on-site, coin-operated laundry facility generating extra monthly income, and reliable, long-term value tenants currently in place. Conveniently located just minutes from local schools, supermarkets, and everyday amenities, this property offers significant upside rent potential and future development growth. A true pride-of-ownership asset for the savvy investor!

Property details

Property

Type
Mixed Use
MLS type
Other
Status
Active
Year built
1958
Stories
2
Living area
7,530 sqft
Price / sqft
$452
Lot
0.36
Original price
$3,400,000
MLS #
PW26198182

Interior

Appliances
Range Hood, Water Heater
Heating
Forced Air
Laundry
Common Area, Washer Hookup, Gas Dryer Hookup

Exterior & lot

Features
Parking spaces: 19
Construction
2
Fence
Partial, Wood
Garage spaces
8

Schools

District
Garden Grove Unified School District

Utilities

Utilities
Public Sewer, Public, Electricity Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$24,120
Parcel
13342138
Special conditions
Standard

Location

Subdivision
Other
Area
63 - Garden Grove S of Chapman, W of Euclid
County
Orange
Neighborhood
Garden Grove Corridor District
Community
0.0
Directions
Take 22 Freeway, exit Magnolia Street

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Listed by Phuong Vu, Real Broker

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.