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12951 Lemonwood Ln, Garden Grove, CA 92840
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12951 Lemonwood Ln Garden Grove, CA 92840

$1,810,000 Sold Price as of 10/12/2023
  • 9 Beds
  • 7 Baths
  • 4,245 Sq.Ft.
Sold
$1,810,000 Sold Price as of 10/12/2023 Refinance Your Mortgage
Map preview of 12951 Lemonwood Ln, Garden Grove, CA 92840

Property Overview: 12951 Lemonwood Ln Garden Grove, CA has 9 bedrooms, 7 bathrooms, 4,245 living square feet and 8,712 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4 Units. Conveniently located near 22 FWY between Euclid and Harbor. All units in good condition. All units updated with newer windows, kitchen, bathroom, floor and recessed lights. All units has its own garage. Property has community laundry for extra income. 4 separate meters for the electricity. All Units has 2 bathrooms. 3 bedroom units has direct access to the garage.

Listed by Nancy Kim | BRE #01269526 | Credent Real Estate
Co-listed by Jonathan Kim | BRE #02000753 | Credent Real Estate
Last checked: 10 minutes ago | Last updated: October 13th, 2023 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1976
Garage
6 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23152088
City
Garden Grove
County
Orange
Time on Site
400 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # 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: $1,950
  • Total Rent: $23,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $23,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $22,800
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $27,000
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $99,000
  • Net Operating Income: $69,770
  • Gross Operating Income: --
  • Laundry Income: $2,400
Annual Expense Breakdown
  • Total Operating Expense: $29,230
  • Electric: $431
  • Gas/Fuel: $1,847
  • Trash: $3,546
  • Insurance: $3,215
  • Professional Management: $0
  • Water/Sewer: $2,618

Property Details for 12951 Lemonwood Ln

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage, Off Street
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 09029418
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: na
  • Directions: from Euclid go east on Garden Grove Blvd turn left onto Lemonwood
Neighborhood Information
  • Community Features: Street Lights, Urban
View more facts & features

Local Garden Grove Agent

Sale History for 12951 Lemonwood Ln

Last sold for $1,810,000 on October 12th, 2023

  • October, 2023

  • Oct 12, 2023

    Date

    Sold

    CRMLS: PW23152088

    $1,810,000

    Price

  • Aug 15, 2023

    Date

    Active

    CRMLS: PW23152088

    $1,800,000

    Price

  • October, 1987

  • Oct 2, 1987

    Date

    Sold (Public Records)

    Public Records

    $345,000

    Price

Show More

Tax History for 12951 Lemonwood Ln

Assessed Value (2020): $603,820
Year Land Value Improved Value Assessed Value
2020 $303,391 $300,429 $603,820

Home Value Compared to the Market

This property vs the competition

12951 Lemonwood Ln sold on October 12, 2023 for 113.02% 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 $424.03 per/sqft which puts the price per square foot 28.73% lower than the current median sale per square foot for the city of Garden Grove.

About 12951 Lemonwood Ln

Detailed summary of property

12951 Lemonwood Ln is a fourplex that recently sold in Garden Grove, CA 92840. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,245 living square feet, and sits on an approximately 8,712 square foot lot. 12951 Lemonwood Ln was first listed on ArdentRealEstateGroup.com on August 15, 2023. The homeowner sold the property for $1,810,000. 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 113.02% higher than the current median priced home. Local homes that are currently for sale include 323 N Rose St, 2550 W Rowland Ave and 301 E Mills Dr. While the average home in Garden Grove, CA is selling in 34 days, 12951 Lemonwood Ln has a days on market of 31 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 12951 Lemonwood Ln Garden Grove, CA 92840 contact Ardent Real Estate Group and we will put you in touch with one of our Garden Grove agents.

Public Facts for 12951 Lemonwood Ln

Public county record property details
Beds
--
Baths
--
Year built
1976
Sq. Ft.
4,053
Lot Size
8,869
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
090-294-18

The source for these homes facts are from public records.

92840 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$910,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$558
Total Inventory
53
Median Sale to List Price %
101.69%
Avg Days on Market
22
Loan Type
Conventional (53.85%), FHA (0%), VA (0%), Cash (7.69%), Other (38.46%)

Thinking of Selling?

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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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