SOLD 02/08/2024
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Commercial sold for $2,040,000 in 218 days
10571 Acacia Ave Garden Grove, CA, 92840
Off the market Mixed Use
GREAT OPPORTUNITY FOR AN INVESTOR OR EXISTING BUSINESS OWNER TO EXPAND THEIR BUSINESS. This building is situated on a large lot with easy access for customers. Conveniently located near major highways and commercial areas. The infrastructure consists of an auto body shop with: Two (2) RGI Delta Paint Booths, Paint Mixing Room, Two (2) Air Compressors Two (2) Frame Machines, Two (2) Welding Machines, Two (2) A/C Chargers, Two (2) Hoists, Two (2) Brake Lathe Machines, (5) Large work stalls, Large office, (2) Restrooms, New Roof (2020), New Rod Iron Gate, and parking for 35-45 Cars. Universal Land Use (NEC). MORE INFORMATION: Current tenant is ready to retire and will leave the property at the close of escrow. All of the above equipment is included in the sale. If an investor would like to keep the current tenant in place, their lease is up in 2027. Existing tenants business consists of auto repair and auto painting.
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Property details
4,092 sqft interior area
Land area
16,117 sqft (0.37 acres)
Address
10571 Acacia Ave, Garden Grove, CA, 92840
City of California
Garden Grove
County
Orange
Year Built
1979
District
Listing
Nearby major retailers
Costco
Costco Business Center
Albertsons
Aldi
T-Mobile
ALDI
Walmart Neighborhood Market
Walmart Supercenter
Lowe's
Walmart
Lexus
Whole Foods Market
Wholesale: 3
Supermarket: 15
Mobile phone: 5
Do it yourself: 1
Car: 1
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Listed by
Susan Lombardi, Lombardi Realty
Name
Susan Lombardi
License number
00887139
Brokerage company
Lombardi Realty
MLS #
CROC23120957
Buyer agent
Name
None None
Brokerage company
None MRML
Payment calculator
Calculate your monthly payments
Mortgage
$6,264
Taxes
$0
HOA dues
$0
Mortgage
$408,000 / 20%
2.28%
30 years
Your amount
$6,264 / month
Exterior Features
Stucco construction
Construction
Stucco
Lot details
TMK #08908046
Parcel nr.
08908046
92840 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 92840
45%
Families with children
National average: 39%
21%
Non family households
646,991
Population
$77,350
Average Income
Age & gender
Median age 37 years
More info
Commute types
91% commute by car
More info
Education level
26% have not graduated education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
35% have 2 vehicle
More info
Vehicles by gender
35% have 2 vehicle
More info
Housing market insights for
$868.11k
Neighborhood average
sales price*
sales price*
$855.16k
Neighborhood median
sales price*
sales price*
434
Number
of sales*
of sales*
Housing type
50% are single detacheds
More info
Rooms
46% of the houses have 4 or 5 rooms
More info
Bedrooms
61% have 2 or 3 bedrooms
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Owners vs Renters
51% are renters
More info
14.67 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Feb 8, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 8, 2024 | Sold | $2,040,000 | 0 | Public Record |
| Feb 8, 2024 | Price Decrease | $2,040,000 -17.07% | 0 | MLS #CROC23120957 |
| Jan 25, 2024 | Pending | $2,460,000 | 0 | MLS #CROC23120957 |
| Jul 6, 2023 | New Listing | $2,460,000 | 0 | MLS #CROC23120957 |
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Frequently Asked Questions about 10571 Acacia Ave
What is 10571 Acacia Ave?
10571 Acacia Ave is a Commercial/Industrial propertywith 4,092 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
10571 Acacia Ave, Garden Grove, CA, 92840.
What comparable properties are nearby?
Comparable nearby commercial properties include 13345 Euclid St, 13832 West St, 11082 Barclay Dr, 13884 Harbor Blvd, 12611 Morningside Ave, 12621 Morningside Ave.
Based on information from the bridgeMLS as of 05-17-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Feb 09, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Hòa Bình Supermarket, 1.13 miles away and Siêu Thị Thuáºn Phát Garden Grove Superstore, 1.14 miles away.
The 92840 zip area has a population of 646,991, and 45% of the families have children. The median age is 37.04 years and 91% commute by car. The most popular housing type is "single detached" and 51% is renter.
