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12932 Lorna St, Garden Grove, CA 92841
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12932 Lorna St Garden Grove, CA 92841

$760,000 Sold Price as of 09/25/2020
  • 4 Beds
  • 4 Baths
  • 1,870 Sq.Ft.
Sold
$760,000 Sold Price as of 09/25/2020 Refinance Your Mortgage
Map preview of 12932 Lorna St, Garden Grove, CA 92841

Property Overview: 12932 Lorna St Garden Grove, CA has 4 bedrooms, 4 bathrooms, 1,870 living square feet and 6,382 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Price reduce, Price Reduce... Built In 1980,Both units offer an open floor plan with 2 bedrooms and 2 full baths. All units just remodeled few years ago. Large living room with fireplace. Large master bedroom . Large Back yard. Both units have inside laundry room with washer and dryer hood-ups. Plenty of Parking.Monthly rent listed below market rent. Buyer to Cooperate with 1031 Exchange .

Listed by Andy Lam | BRE #01257202 | Advance Estate Realty
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
6,382
HOA Dues
$0/mo
Year built
1980
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC20109351
City
Garden Grove
County
Orange
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.65%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $43,200
  • Net Operating Income: $29,268
  • Gross Operating Income: $43,200
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income Description: 0
Annual Expense Breakdown
  • Total Operating Expense: $10,932
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $6,661
  • Furniture Replacement: $0
  • Trash: $1,640
  • Cable TV: $0
  • Gardener: $600
  • Insurance: $1,158
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $873
  • Other Expenses: $0

Property Details for 12932 Lorna St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Living Room, Main Floor Bedroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range
Interior Features
  • Levels: One
  • Window Features: Blinds
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Front, Parking Space
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above
  • Total # of Units: 2
  • Parcel Number: 13346213
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: From FWY 22 GG, North on Beach Blvd, Right on Garden Grove, Past Dale, Left On Lorna.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Valley
View more facts & features

Local Garden Grove Agent

Sale History for 12932 Lorna St

Last sold for $760,000 on September 25th, 2020

  • April, 2021

  • Apr 2, 2021

    Date

    Expired

    CRMLS: PW21004637

    $2,400

    Price

  • Apr 1, 2021

    Date

    Active

    CRMLS: PW21004637

    $2,400

    Price

  • Mar 17, 2021

    Date

    Hold

    CRMLS: PW21004637

    $2,400

    Price

  • Jan 8, 2021

    Date

    Active

    CRMLS: PW21004637

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    AMENITIES INCLUDE: Remodeled kitchen with new stainless finished appliances, plenty of counter and cabinet space. New paint throughout and rich new hardwood vinyl laminate floor in living room and bedrooms. Spacious living room with wall AC and multiple windows. Two bedrooms with ample closet space. Remodeled bathroom features new cabinetry, fixtures and mirror and a tiled shower tub . Interior laundry hook-ups with newly purchased washer and dryer. Driveway can accomodate up to 4 parking spots exclusive to this house Great location, close to H-Mart, Stater Brothers, Lantana of Stanton.. Biking distance close to all supermarket grocery stores and 2 streets away from 22 Freeway. OTHER DETAILS: Pets - Small dog may be considered with exceptional income and credit and increased deposit. Smoking or vaping - Outside of House is Allowed Utilities - Water, Trash, and High Speed 800 MPS Internet Included. Tenant responsible for gas & electricity. Other Services - Gardening services provided by owner. LEASING REQUIREMENTS: 1) All adults (18 or older) who will reside in the home must submit an online application with copy of their ID and proof of income (if any). 3) We will run a credit report and we require good credit

  • September, 2020

  • Sep 26, 2020

    Date

    Sold

    CRMLS: OC20109351

    $760,000

    Price

  • Aug 12, 2020

    Date

    Active Under Contract

    CRMLS: OC20109351

    $779,900

    Price

  • Jul 27, 2020

    Date

    Price Change

    CRMLS: OC20109351

    $779,900

    Price

  • Jul 1, 2020

    Date

    Active

    CRMLS: OC20109351

    $799,900

    Price

  • Jun 22, 2020

    Date

    Hold

    CRMLS: OC20109351

    $799,900

    Price

  • Jun 16, 2020

    Date

    Active

    CRMLS: OC20109351

    $799,900

    Price

  • September, 2020

  • Sep 25, 2020

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • June, 2013

  • Jun 24, 2013

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

Show More

Tax History for 12932 Lorna St

Assessed Value (2020): $540,469
Year Land Value Improved Value Assessed Value
2020 $425,574 $114,895 $540,469

Home Value Compared to the Market

This property vs the competition

12932 Lorna St sold on September 25, 2020 for 7.7% lower 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 $417.06 per/sqft which puts the price per square foot 29.91% lower than the current median sale per square foot for the city of Garden Grove.

About 12932 Lorna St

Detailed summary of property

12932 Lorna St is a duplex that recently sold in Garden Grove, CA 92841. This duplex offered 4 bedrooms, 4 bathrooms, roughly 1,870 living square feet, and sits on an approximately 6,382 square foot lot. 12932 Lorna St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $760,000. 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 7.7% lower than the current median priced home. Local homes that are currently for sale include 11533 Burke St, 321 E 9th St and 401 E 21st St. While the average home in Garden Grove, CA is selling in 34 days, 12932 Lorna St has a days on market of 42 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 12932 Lorna 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 12932 Lorna St

Public county record property details
Beds
--
Baths
--
Year built
1980
Sq. Ft.
1,870
Lot Size
6,382
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
133-462-13

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?

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(714) 706-1823

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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.

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