Courtesy of: Jim Daly, The L3, jimd@theL3.com
Courtesy of: Jim Daly, The L3, jimd@theL3.com
$3,488,888
|
15 bed
|
|
12.00 Bath (10 Full)
|
|
Lot: 23,087.00 Square Feet
|
|
Other
|
$3,488,888
12891 Shackelford Prime 10-Unit Multifamily Investment Opportunity in the Heart of Garden Grove 12891 Shackelford Lane, Garden Grove, CA 92841 Presenting 12891 Shackelford Lane, a highly desirable 10-unit apartment building situated in a strong rental pocket of Garden Grove, California. Positioned on a spacious 0.53-acre lot, this well-maintained 8, 305 sq. ft. property (built in 1961) represents a rare and lucrative opportunity for investors seeking a stable asset with strong rental upside in Central Orange County. **The Unit Mix** The property boasts a highly attractive and strategic unit mix designed to appeal to a wide tenant base and encourage long-term occupancy: * **Five (5) 1-Bedroom / 1-Bathroom Units** * **Five (5) 2-Bedroom Units** (featuring highly sought-after, spacious 2-story townhome-style layouts exceeding 1, 000 sq. ft.) **Investment & Property Highlights** * **Value-Add Potential:** The property boasts minimal deferred maintenance. The majority of the units have been recently updated with modern finishes, including new vinyl plank flooring, fresh paint, upgraded cabinetry, and new kitchen countertops. * **Excellent On-Site Amenities:** Residents enjoy access to a community courtyard, an on-site laundry facility, and ample parking, including highly coveted detached one-car garages. * **Premium In-Unit Perks:** The spacious duplex/townhome units offer the added convenience of private in-unit washer and dryer hookups. Favorable Zoning: Situated in an R-3 (Multiple-Family Residential) zone, optimizing the lot's current and future density use. 12891 Shackelford Lane features a "Very Walkable" location score, placing daily errands, groceries, and entertainment right at your tenants' fingertips. Commuter-Friendly:** Centrally located west of the I-5 freeway, the property offers rapid access to the SR-22 and I-405 freeways, making commutes to Anaheim, Irvine, and the coastal cities a breeze. Neighborhood Appeal:** Located just minutes from top-rated local schools (including Stanford Elementary), bustling retail centers, the Disneyland Resort, and major Orange County employment hubs. Whether you are looking to expand your existing Orange County multifamily portfolio or searching for a robust 1031 exchange property, 12891 Shackelford Lane offers the perfect blend of immediate stability and long-term value. Contact us today to request an Offering Memorandum or to schedule a private tour of the property.
Courtesy of: Jim Daly, The L3, jimd@theL3.com
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.