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

Monthly Estimate*

$ 27,801

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 building was built in 1964.

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

Year Built

1964

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

0023245379

Features
General
Heating Central
Zoning Commercial
Year Built 1964
Electric Standard
Business Type Retail
County Orange
Property Type F
Status Active
City Garden Grove
MLS Area 64 - Garden Grove E of Euclid W of Harbor
Lot Size Square Feet 0.0
Street Name Lampson
Standard Status Active
See more
Exterior
Water Source Public
Lot Size Area 16173.0
Lot Size Acres 0.0
Land Lease Type Fee
See more
Interior
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Entry Level 1
Total Baths 0
See more
* Excluded Features
List By
Walter Castillo

Listing Agent

Coldwell Banker Realty

Broker

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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/28/2024$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. 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