12571 Kensington Lane Garden Grove, CA $ 3,895,000
12571 Kensington Lane
$ 3,895,000
Recently Listed New Construction
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12571 Kensington Lane

Garden Grove, CA, 92840
$ 3,895,000
Baths1.0 Sq 6,492

Monthly Estimate*

$ 23,982

Listed by Kidder Mathews of California, Inc
12571 Kensington Lane, Garden Grove, CA 92840 - Image 1
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12571 Kensington Lane, Garden Grove, CA 92840 - Image 8
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Studio

Multi-Family Home for sale in Garden Grove, CA

for $3,895,000 with 1 full bath. This 6,492 square foot home was built in 1960 on a lot size of 0.158.

12571, 12575 & 12577 Kensington Lane are ten turnkey apartment units located in Garden Grove, California. Located near multiple retail and recreation options. 100% pride of ownership with over $750,000 in capital improvements completed in 2025. Freshly painted & new stucco. New electrical panels and wiring. Tastefully and exquisitely interior renovations. Walk score of 65 & strategically located just north of the 22 freeway between the 405 & 5 freeways. Two newly constructed 2-bedroom ADU's (2025). New exterior painting on existing 8-unit building, including concrete and stucco repairs. New landscaping and irrigation. Upgraded tandem parking in rear of building with new parking striping (16 total spaces). New cluster mailbox center. Upgraded property lighting with energy-efficient LED fixtures. Full remodeled kitchens in all units. All new stainless-steel appliances, new white shaker cabinetry throughout, premium quartz countertops. New sinks, faucets, and modern plumbing fixtures. New luxury vinyl plank flooring throughout (LVP). Fresh interior paint throughout all units & new trim and baseboards. New lighting and fans throughout & mini split systems installed in each unit. Stacked private washer/dryer units installed in each unit with upgraded plumbing lines (supply and/or drain).

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Multi-Family Active

Price

$ 3,895,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.158

Year Built

1960

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

OC26020095

Days on Market

5

Features
General
Sewer Public Sewer
Heating ENERGY STAR Qualified Equipment
Cooling Dual
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Connected Water Connected
Appliances Dishwasher Washer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1960
Tenant Pays Electricity
Stories Count 1
Levels One Two
Property Subtype Apartment
Gross Income 4987
Community Features Biking
County Orange
Net Operating Income 182418
Operating Expense 83340
Insurance Expense 7000
New Construction true
Property Type Residential Income
HOA false
MaintenanceExpense 5000
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North of 22 Fwy East of Brookhurst
City Garden Grove
Entry Location Street
Senior Community Y/N false
Open Parking Spaces 16
Number Of Units Total 10
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6882
Number of Units Leased 10
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 407
Fuel Expense 1880
Trash Expense 5766
Water Sewer Expense 2699
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 145
Total Actual Rent 268836
Property Sub Type Additional Apartment
Taxes 43989
Cap Rate 4.7
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Interior
Flooring Vinyl
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Inside Stacked
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 16
Lot Size Area 6882
Number of Buildings 3
Building Area Total 6492
Lot Size Acres 0.158
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 10
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* Excluded Features
List By
Kidder Mathews Of California, Inc

Broker

jon.mitchell@kidder.com

Email

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$23,982
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Monthly Principal & Interest
$23,982
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Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2026$3,895,000 Listed Price

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12571 Kensington Lane, Garden Grove, CA, 92840 is a Multi-Family Home for sale at $3,895,000 with 6,492 sqft and a lot size of 0.158. 12571 Kensington Lane is a studio with 1.0 baths and was built in 1960. The property's zip code is 92840 which is in Garden Grove, CA