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12571 Kensington Lane, Garden Grove, CA 92840

Property · 2 recorded sales since 2023

12571 Kensington Lane, Garden Grove, CA 92840 Sold September 2026 CRMLS
$3,170,000Sold September 2026

Listing Agent: Jonathan Mitchell (DRE #01227852) · Listing Office: Kidder Mathews of California, Inc · Contact: jon.mitchell@kidder.com · Bought with: Jorge Felix · CB Richard Ellis, Inc. · MLS #OC26020095 · Source: CRMLS

6,882 sqft
Lot Size
1960
Year Built
Property
Type
1
Stories
0
Garage
Dual
Cooling
EnergyStarQualifiedEquipment
Heating

How this sale compares

12571 Kensington Lane sold for $3,170,000 in September 2026, 3.8% under its $3,295,000 list price, after 180 days on the market. It was first listed at $3,895,000. Across 121 closed sales in 92840 over the last 12 months, the median sold price is $1,000,000 and the median is $628 per square foot.

$628
92840 median per sq ft (12 mo)
$1,000,000
92840 median sold price (12 mo)
121
Closed sales in 92840 (12 mo)
180
Days on market
−3.8%
Sold vs. list price
QuarterClosed sales in 92840Median sold price
Q1 20266$791,000
Q2 202650$1,012,500
Q3 202653$995,000
Q4 202612$1,040,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Garden Grove · Homes for sale in 92840

Description

$600K Price Reduction, 6.0% Day One Cap Rate & current 12.4 GRM. 12571, 12575 & 12577 Kensington Lane are ten turnkey apartment units located in Garden Grove, California. Located near multiple retail and recreation options. 100% pride of ownership with over $750,000 in capital improvements completed in 2025. Freshly painted & new stucco. New electrical panels and wiring. Tastefully and exquisitely interior renovations. Walk score of 65 & strategically located just north of the 22 freeway between the 405 & 5 freeways. Two newly constructed 2-bedroom ADU's (2025). New exterior painting on existing 8-unit building, including concrete and stucco repairs. New landscaping and irrigation. Upgraded tandem parking in rear of building with new parking striping (16 total spaces). New cluster mailbox center. Upgraded property lighting with energy-efficient LED fixtures. Full remodeled kitchens in all units. All new stainless-steel appliances, new white shaker cabinetry throughout, premium quartz countertops. New sinks, faucets, and modern plumbing fixtures. New luxury vinyl plank flooring throughout (LVP). Fresh interior paint throughout all units & new trim and baseboards. New lighting and fans throughout & mini split systems installed in each unit. Stacked private washer/dryer units installed in each unit with upgraded plumbing lines (supply and/or drain).

Listing description from the September 2026 sale, as reported to CRMLS.

Sale history

$3,170,000
Sold September 2026 · listed $3,295,000, orig. $3,895,000, on market January 2026, 180 days on market · MLS #OC26020095 · Source: CRMLS
Listing Agent: Jonathan Mitchell · Listing Office: Kidder Mathews of California, Inc · Contact: jon.mitchell@kidder.com · Bought with: Jorge Felix · CB Richard Ellis, Inc.
$1,980,000
Sold April 2023 · listed $2,050,000, orig. $2,198,888, on market January 2023, 55 days on market · MLS #OC23004182 · Source: CRMLS
Listing Agent: Mark Bridge · Listing Office: Mark Bridge, Broker · Contact: Mark.Bridge@cushwake.com · Bought with: Mark Bridge · Mark Bridge, Broker

Recent sales near 12571 Kensington Lane

Closed sales reported in 92840, nearest first, last 12 months. All recent sales in Garden Grove →

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