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8652 Acacia Ave, Garden Grove, CA 92841
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8652 Acacia Ave Garden Grove, CA 92841

$980,000 Sold Price as of 12/16/2019
  • 32 Beds
  • 16 Baths
  • 3,266 Sq.Ft.
Sold
$980,000 Sold Price as of 12/16/2019 Refinance Your Mortgage
Map preview of 8652 Acacia Ave, Garden Grove, CA 92841

Property Overview: 8652 Acacia Ave Garden Grove, CA has 32 bedrooms, 16 bathrooms, 3,266 living square feet and 13,939 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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!

Listed by Chinh Pham | BRE #02023389 | First Team Real Estate
Co-listed by Khanh Phu Nguyen | BRE #01996906 | First Team Real Estate
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 206

Home details

Lot Sq. Ft
13,939
HOA Dues
$0/mo
Year built
1954
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19115095
City
Garden Grove
County
Orange
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 8
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $51,314
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,686
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $12,256
  • Trash: $600
  • Insurance: $1,194
  • Water/Sewer: $6,636

Property Details for 8652 Acacia Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Tile
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Roof: Shingle
  • Barbecue Private
  • 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: 8
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Park Nearby, Value In Land, Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above
  • Total # of Units: 4
  • Parcel Number: 13346417
  • Year Built Source: Public Records
  • Foundation Details: Slab
  • 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 Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: NA
  • Directions: Near Newland & Garden Grove - Use Navigation
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Suburban
View more facts & features

Local Garden Grove Agent

Sale History for 8652 Acacia Ave

Last sold on December 23rd, 2020

  • December, 2020

  • Dec 23, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2019

  • Dec 18, 2019

    Date

    Sold

    CRMLS: OC19115095

    $980,000

    Price

  • Dec 10, 2019

    Date

    Pending

    CRMLS: OC19115095

    $1,100,000

    Price

  • Dec 10, 2019

    Date

    Price Change

    CRMLS: OC19115095

    $1,100,000

    Price

  • Oct 3, 2019

    Date

    Active

    CRMLS: OC19115095

    $1,250,000

    Price

  • Oct 3, 2019

    Date

    Price Change

    CRMLS: OC19115095

    $1,250,000

    Price

  • Oct 2, 2019

    Date

    Hold

    CRMLS: OC19115095

    $1,350,000

    Price

  • Sep 24, 2019

    Date

    Active

    CRMLS: OC19115095

    $1,350,000

    Price

  • Sep 24, 2019

    Date

    Price Change

    CRMLS: OC19115095

    $1,350,000

    Price

  • Sep 24, 2019

    Date

    Hold

    CRMLS: OC19115095

    $1,430,000

    Price

  • Sep 14, 2019

    Date

    Active

    CRMLS: OC19115095

    $1,430,000

    Price

  • Sep 6, 2019

    Date

    Active

    CRMLS: OC19115095

    $1,430,000

    Price

  • Sep 6, 2019

    Date

    Price Change

    CRMLS: OC19115095

    $1,430,000

    Price

  • Sep 5, 2019

    Date

    Hold

    CRMLS: OC19115095

    $1,430,000

    Price

  • May 18, 2019

    Date

    Active

    CRMLS: OC19115095

    $1,430,000

    Price

  • December, 2019

  • Dec 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $980,000

    Price

Show More

Tax History for 8652 Acacia Ave

Assessed Value (2020): $980,000
Year Land Value Improved Value Assessed Value
2020 $851,057 $128,943 $980,000

Home Value Compared to the Market

This property vs the competition

8652 Acacia Ave sold on December 16, 2019 for 30.18% 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 $336.8 per/sqft which puts the price per square foot 43.39% lower than the current median sale per square foot for the city of Garden Grove.

About 8652 Acacia Ave

Detailed summary of property

8652 Acacia Ave is a multi family that recently sold in Garden Grove, CA 92841. This multi family property offered 32 bedrooms, 16 bathrooms, roughly 3,266 living square feet, and sits on an approximately 13,939 square foot lot. 8652 Acacia Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $980,000. 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 30.18% higher than the current median priced home. Local homes that are currently for sale include 11607 Fidel Ave, 11307 Laurel Ave and 765 Loma Ave. While the average home in Garden Grove, CA is selling in 34 days, 8652 Acacia Ave has a days on market of 206 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 8652 Acacia Ave 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 8652 Acacia Ave

Public county record property details
Beds
2
Baths
1
Year built
1955
Sq. Ft.
780
Lot Size
12,376
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
6
APN
133-464-17

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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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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