Search
12892 Louise St, Garden Grove, CA 92841
Image 2 for 12892 Louise St, Garden Grove, CA 92841
Image 3 for 12892 Louise St, Garden Grove, CA 92841
View Photos

12892 Louise St Garden Grove, CA 92841

$1,825,000 Sold Price as of 11/16/2023
  • 8 Beds
  • 5 Baths
  • 2,700 Sq.Ft.
Sold
$1,825,000 Sold Price as of 11/16/2023 Refinance Your Mortgage
Map preview of 12892 Louise St, Garden Grove, CA 92841

Property Overview: 12892 Louise St Garden Grove, CA has 8 bedrooms, 5 bathrooms, 2,700 living square feet and 16,553 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is an amazing opportunity to own a very unique property with a great upside potential. This property is perfect for an investor looking for a solid positive return , a business owner that needs parking for vehicles as well as rental income or a owner that would live in one home and rent out the rest. This property features three detached homes as well as a three car garage. The property break down is as follows Zoning : Garden Grove Boulevard Mixed Use (GGMU) : 12892 Louise St - 2 bedrooms, office, 2 bath built in 1937 : 12902 Louise - 3 bedrooms , 2 baths built in 1950 : 12888 Louise - 3 bedrooms , 2 baths built in 1950 : Garage consisting of 3 separate stalls built 1988. The lot is over 16000 sf and can accommodate an estimated 28 cars for parking. Each home has been meticulously maintained by the same family for generations. The city of Garden Grove is currently implementing a street expansion and sidewalk installation project on the subject street. The pro forma Cap Rate for the property including possible garage rental and other income stands at 5.66 %. This is an amazing opportunity that will not last.

Listed by Jennifer Tackney | BRE #01373608 | GMT Real Estate
Co-listed by Geoffrey Tackney | BRE #01390210 | GMT Real Estate
Last checked: 14 minutes ago | Last updated: November 16th, 2023 | Source CRMLS | DOM: 112

Home details

Lot Sq. Ft
16,553
HOA Dues
$0/mo
Year built
1937
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
PW23111842
City
Garden Grove
County
Orange
Time on Site
454 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,000
  • Net Operating Income: $74,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,600
  • Trash: $1,200
  • Insurance: $1,800

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 12892 Louise St

Interior Features
Cooling Information
  • Has Cooling
  • Ductless, Heat Pump
Heating Information
  • Has Heating
  • Ductless, Heat Pump
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down, Office
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Driveway, Garage, Gated
Lot Information
  • Lot Features: Front Yard, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 13347213
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Garden Grove Blvd & Dale
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

Local Garden Grove Agent

Sale History for 12892 Louise St

Last sold for $1,825,000 on November 16th, 2023

  • November, 2023

  • Nov 16, 2023

    Date

    Sold

    CRMLS: PW23111842

    $1,825,000

    Price

  • Jun 30, 2023

    Date

    Active

    CRMLS: PW23111842

    $1,988,800

    Price

Tax History for 12892 Louise St

Assessed Value (2020): $202,411
Year Land Value Improved Value Assessed Value
2020 $122,576 $79,835 $202,411

Home Value Compared to the Market

This property vs the competition

12892 Louise St sold on November 16, 2023 for 135.36% higher than the current median sold price for the city of Garden Grove which is $845,000. The median sold price per/sqft for Garden Grove is $595 and this home is sold at $736.59 per/sqft which puts the price per square foot 23.8% higher than the current median sale per square foot for the city of Garden Grove.

About 12892 Louise St

Detailed summary of property

12892 Louise St is a triplex that recently sold in Garden Grove, CA 92841. This triplex offered 8 bedrooms, 5 bathrooms, roughly 2,700 living square feet, and sits on an approximately 16,553 square foot lot. 12892 Louise St was first listed on ArdentRealEstateGroup.com on June 23, 2023. The homeowner sold the property for $1,825,000. Home in Garden Grove are selling for a median price of $845,000 and a median price per square foot of $595. Based on Ardent Real Estate Group's Garden Grove Market Data, this home is sold 135.36% higher than the current median priced home. Local homes that are currently for sale include 7565 Fillmore Dr, 938 S Gilbuck Dr and 2163 W Brownwood Ave. While the average home in Garden Grove, CA is selling in 34 days, 12892 Louise St has a days on market of 112 days. There are currently 157 homes for sale in the Garden Grove real estate market and 112 of them are single family homes while 37 of them are condos and 8 are townhomes. For more information on this home for sale at 12892 Louise St Garden Grove, CA 92841 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 12892 Louise St

Public county record property details
Beds
2
Baths
1
Year built
1937
Sq. Ft.
576
Lot Size
17,441
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
7
APN
133-472-13

The source for these homes facts are from public records.

92841 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,500
Median List Price/Sq.Ft.
$571
Median Sold Price
$925,000
Median Sold Price/Sq.Ft.
$646
Total Inventory
31
Median Sale to List Price %
105.71%
Avg Days on Market
14
Loan Type
Conventional (53.85%), FHA (0%), VA (0%), Cash (7.69%), Other (38.46%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 12892 Louise St

Nearby Homes for Sale

7161 Main St, Westminster, CA 92683
$1,500,000
9 Beds
3 Baths
2460 Sq.Ft.
7161 Main St
Westminster, CA 92683
10692 Frances, Garden Grove, CA 92843
$1,550,000
6 Beds
5 Baths
3100 Sq.Ft.
10692 Frances
Garden Grove, CA 92843
2550 W Rowland Ave, Anaheim, CA 92804
$1,650,000
6 Beds
4 Baths
4172 Sq.Ft.
2550 W Rowland Ave
Anaheim, CA 92804
2942 W Floyd Ave, Anaheim, CA 92804
$1,650,000
10 Beds
6 Baths
3792 Sq.Ft.
2942 W Floyd Ave
Anaheim, CA 92804
231 S Laxore St, Anaheim, CA 92804
$1,980,000
9 Beds
7 Baths
4040 Sq.Ft.
231 S Laxore St
Anaheim, CA 92804
3700 W Savanna St, Anaheim, CA 92804
$1,800,000
9 Beds
9 Baths
4963 Sq.Ft.
3700 W Savanna St
Anaheim, CA 92804
3701 W Savanna St, Anaheim, CA 92804
$1,800,000
9 Beds
9 Baths
4963 Sq.Ft.
3701 W Savanna St
Anaheim, CA 92804
119 S Delano St, Anaheim, CA 92804
$1,668,000
-- Beds
-- Baths
-- Sq.Ft.
119 S Delano St
Anaheim, CA 92804
3216 W Cabot Dr, Anaheim, CA 92804
$1,895,000
10 Beds
8 Baths
4587 Sq.Ft.
3216 W Cabot Dr
Anaheim, CA 92804
3217 W Cabot Dr, Anaheim, CA 92804
$1,950,000
10 Beds
8 Baths
4587 Sq.Ft.
3217 W Cabot Dr
Anaheim, CA 92804
7545 Jackson Way, Buena Park, CA 90620
$1,650,000
8 Beds
4 Baths
1 Sq.Ft.
7545 Jackson Way
Buena Park, CA 90620
7566 Fillmore Dr, Buena Park, CA 90620
$1,475,000
6 Beds
4 Baths
3100 Sq.Ft.
7566 Fillmore Dr
Buena Park, CA 90620

Recently Sold Homes Near 12892 Louise St

12891-12893 Adelle St, Garden Grove, CA 92841
$1,545,000 Last Sold Price
6 Beds
5 Baths
2749 Sq.Ft.
12891-12893 Adelle St
Garden Grove, CA 92841
8652 Acacia Ave, Garden Grove, CA 92841
$980,000 Last Sold Price
32 Beds
16 Baths
3266 Sq.Ft.
8652 Acacia Ave
Garden Grove, CA 92841
12936 Adelle St, Garden Grove, CA 92841
$1,325,000 Last Sold Price
5 Beds
4 Baths
2600 Sq.Ft.
12936 Adelle St
Garden Grove, CA 92841
12742 Adelle St, Garden Grove, CA 92841
$1,375,000 Last Sold Price
8 Beds
6 Baths
4076 Sq.Ft.
12742 Adelle St
Garden Grove, CA 92841

Related Resources to 12892 Louise St

New Listings in 92841
Popular Zip Codes
Popular Cities
Other Garden Grove Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

Refi Quote