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8652 Acacia Avenue, Garden Grove, CA

$1,430,000 - $1.4M Price - 3,266 Sqft - .32 Acres - 126 DOM

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!

Essential Information

For 8652 Acacia Avenue, Garden Grove, CA
  • MLS® # OC19115095
  • Price $1,430,000
  • Bathrooms 0.00
  • Square Footage 3,266
  • Acres 0.32
  • Year Built 1954
  • Type Residential Income
  • Status Active

Community Information

For 8652 Acacia Avenue, Garden Grove, CA
  • Address 8652 Acacia Avenue
  • Subdivision Other (OTHR)
  • City Garden Grove
  • County Orange
  • State CA
  • Zip Code 92841

Area

For 8652 Acacia Avenue, Garden Grove, CA

Garden Grove S of Chapman, W of Euclid (63)

Amenities

For 8652 Acacia Avenue, Garden Grove, CA
  • Parking Spaces 8
  • # of Garages 2

Interior

For 8652 Acacia Avenue, Garden Grove, CA
  • Appliances Gas Range
  • Heating Wall Heater
  • # of Stories 1
  • Stories One Level

Exterior

For 8652 Acacia Avenue, Garden Grove, CA
  • Roof Shingle
  • Foundation Concrete Slab

Lot Description

For 8652 Acacia Avenue, Garden Grove, CA

2-5 Units/Acre, Back Yard, Front Yard, Park Nearby, Lawn, Lot Shape-Rectangular, Value In Land, Lot 10000-19999 Sqft, Corner Lot, Yard

Additional Information

For 8652 Acacia Avenue, Garden Grove, CA
  • Date Listed May 15th, 2019
  • Days on Market 126
  • Zoning Garden Grove Mix Use

Listing Details

For 8652 Acacia Avenue, Garden Grove, CA
  • Agent Chinh Pham(02023389)
  • Office First Team Real Estate

Price Change History for 8652 Acacia Avenue, Garden Grove, CA (MLS® #OC19115095)

Date Details Change
Price Reduced from $1,475,000 to $1,430,000 $45,000 (3.05%)

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Based on information from California Regional Multiple Listing Service, Inc. as of September 22nd, 2019 at 1:02am PDT. 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, 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.