8652 Acacia Avenue, Garden Grove, CA 92841
Property · 2 recorded sales since 2015
Sold December 2019
Listing Agent: Chinh Pham (DRE #02023389) · Listing Office: First Team Real Estate · Contact: 714-964-3311 · Bought with: Chinh Pham · First Team Real Estate · MLS #OC19115095 · Source: CRMLS
About this property
Rare investment/development opportunity centrally located in Garden Grove! Huge Corner Lot - nearly 14,000 square feet! Zoned as Garden Grove Mixed Use. The city permits building of residential plus commercial mixed-use development – up to 4 stories! Main floor can be parking. Two stories for residential. Leave the last story for your commercial component! Build an apartment up to 6 units with 4 bedrooms each. Commercial component optional if you want to maximize return on investment! Live/Work Office Space, Restaurant, or Medical Office to name a few options! Or if you are looking for stable income in a Hot Rental Area, there’s currently 4 single story units on the lot. 2 Detached Single Family plus a Duplex. Each unit has separate electric and gas meters. Rents are below market. Close to restaurants, entertainment, shopping centers! Easy access to 22, 405 and 5 freeways! Your opportunity awaits!
Listing description from the December 2019 sale, as reported to CRMLS.
Sale history
