12442 Lampson Avenue Garden Grove, CA $ 3,980,000
12442 Lampson Avenue
$ 3,980,000
Share Save

12442 Lampson Avenue

Garden Grove, CA, 92840
$ 3,980,000
Baths0.0 Sq 5,350

Monthly Estimate*

$ 27,801

Listed by Coldwell Banker Realty
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 1
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 2
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 3
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 4
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 5
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 6
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 7
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 8
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 9
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 10
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 11
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 12
12442 Lampson Avenue, Garden Grove, CA 92840 - Image 13
Studio

Commercial Property for sale in Garden Grove, CA

for $3,980,000. This 5,350 square foot building was built in 1964 on a lot size of 0.3713.

Located in a bustling area near Lampson Ave and Harbor Blvd,this neighborhood center offers great visibility and accessibilityfor potential customers. With its long-standing presence in thecommunity since its construction in 1964, the center is well-known and trusted by local residents. It houses three tenants,each providing unique products or services, which can attract awider customer base and increase foot traffic. The property isfully occupied by NNN (Triple Net) tenants, which means theyare responsible for property taxes, insurance, and maintenanceexpenses, providing a stable income and reducing the landlord'smanagement duties. The property boasts over 6,197 square feetof retail space, allowing for flexible tenant configurations andpotential for future expansion or reconfiguration. With a stablethe income stream from reliable tenants, the property presents a low-risk investment opportunity for potential investors. Its primelocation, established presence, and occupancy by NNN tenantsalso suggest a potential for value enhancement through rentincreases, lease renewals, or property improvements. Overall, thisretail property is a highly attractive investment opportunity withsignificant potential for long-term appreciation and incomegeneration.

See more

Commercial Active

Price

$ 3,980,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.3713

Year Built

1964

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

23245379

Days on Market

428

Features
General
Heating Central
Zoning Commercial
HOA 0.0
Year Built 1964
Electric Standard
County Orange
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions West of Harbor Blvd
City Garden Grove
View Y/N N
Senior Community Y/N N
Open Parking Spaces 30.0
Total Units 3
MLS Area 64 - Garden Grove E of Euclid W of Harbor
Lot Size Square Feet 16173.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Lampson
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 250
Standard Status Active
Cap Rate 3.8
See more
Exterior
Water Source Public
Total Parking 30.0
Lot Size Area 16173.0
Number of Buildings 1
Spa N
Building Area Total 5350.0
Lot Size Acres 0.3713
Lot Size Units SquareFeet
Lot Size Source Estimated
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N N
Total Baths 0
See more
Internal Only
Street Number 1 12442
See more
* Excluded Features
List By
Coldwell Banker Realty

Broker

(213) 792-0940

Phone

Affordability Calculator

$27,801
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,801
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2024$3,980,000 Listed Price

Map


See all

12442 Lampson Avenue, Garden Grove, CA, 92840 is a Commercial Property for sale at $3,980,000 with 5,350 sqft and a lot size of 0.3713. 12442 Lampson Avenue is a studio with 0.0 baths and was built in 1964. The property's zip code is 92840 which is in Garden Grove, CA