12891 Shackelford 10 Garden Grove, CA $ 3,488,888
12891 Shackelford 10
$ 3,488,888
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12891 Shackelford 10

Garden Grove, CA, 92841
$ 3,488,888
Baths1.0 Sq 8,305

Monthly Estimate*

$ 21,482

Listed by The L3
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Studio

Multi-Family Home for sale in Garden Grove, CA

for $3,488,888 with 1 full bath. This 8,305 square foot home was built in 1961 on a lot size of 0.53.

Prime 10-Unit Multifamily Investment Opportunity in the Heart of Garden Grove. 12891/12865/12861 Shackelford Lane, Garden Grove, CA 92841. Presenting 12891 Shackelford Lane, a highly desirable 8 unit apartment building and a 2 unit 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 property boasts a highly attractive and strategic unit mix designed to appeal to a wide tenant base and encourage long-term occupancy: Five 1-Bedroom / 1-Bathroom Units, three 2-Bedroom / 1-Bathroom Units, with two additional units just behind the parking lot that consist of two 2-Bedroom / 2-Bathroom units with attached two car garage. Some of the units have been updated with newer countertops, flooring, vanities, with a new kitchen, featured in the photos. Residents enjoy access to a community courtyard, an on-site laundry facility, and ample parking, including highly coveted detached one car garages. The spacious duplex/townhome units offer the added convenience of private in-unit washer and dryer hookups and an attached two car garage with a driveway. Situated in an R-3 (Multiple-Family Residential) zone, optimizing the lot's current and future density use. 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. 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 for more details.

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Multi-Family Active

Price

$ 3,488,888

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.53

Year Built

1961

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

OC26074575

Days on Market

16

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
Roof Shingle
HOA Fee 0
Garage Spaces 12
Pool Features None
Year Built 1961
Tenant Pays Cable TV Electricity Gas Telephone
View None
Stories Count 2
Levels Two
Unit Number 10
Property Subtype Mixed Use
Gross Income 274320
Community Features Biking Curbs Golf Park Storm Drain(s) Street Lights Sidewalks
County Orange
Net Operating Income 125101
Operating Expense 1392410
Insurance Expense 11507
New Construction false
Property Type Residential Income
HOA false
Contingency Offer is subject to inspection. Buyer and/or their agent to verify any pertinent information such as permits square footage etc.
Subdivision Name Garden Grove
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions East On Magnolia Left on Shackelford
City Garden Grove
Entry Location Front Door
Senior Community Y/N false
Open Parking Spaces 16
Number Of Units Total 10
MLS Area 63 - Garden Grove S of Chapman W of Euclid
Lot Size Units Square Feet
Lot Size Square Feet 23087
Carport Spaces 0
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 260
Current Financing Conventional
Fuel Expense 2673
Trash Expense 4936
Water Sewer Expense 9238
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 1 2
Property Sub Type Additional Mixed Use
Taxes 43310
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Interior
Flooring Tile Vinyl
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 2
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Exterior
Fencing Block Wood
Lot Features 6-10 Units/Acre Sprinklers Timer Yard
Water Source Public
Total Parking 28
Lot Size Area 23087
Number of Buildings 2
Spa false
Building Area Total 8305
Lot Size Acres 0.53
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 2
Number of Separate Gas Meters 11
Number of Separate Electric Meters 11
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* Excluded Features
List By
The L3

Broker

jimd@theL3.com

Email

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$21,482
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Monthly Principal & Interest
$21,482
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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
4/13/2026$3,488,888 Listed Price

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12891 Shackelford 10, Garden Grove, CA, 92841 is a Multi-Family Home for sale at $3,488,888 with 8,305 sqft and a lot size of 0.53. 12891 Shackelford 10 is a studio with 1.0 baths and was built in 1961. The property's zip code is 92841 which is in Garden Grove, CA