12551 Lorna Street, Garden Grove, CA 92841
Property
Sold January 2023
Listing Agent: Hiu Chan (DRE #01297322) · Listing Office: Hiu Chan, Broker · Contact: 562-257-1200 · Bought with: Grant Hahn · Morgan Skenderian · MLS #PW22211675 · Source: CRMLS
About this property
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.
Listing description from the January 2023 sale, as reported to CRMLS.
Sale history