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12621 Morningside Ave Garden Grove, CA, 92843
$2,799,000 $100,000 Commercial for sale Other
Welcome to this exceptional investment opportunity at 12621 Morningside Ave, located in the heart of Garden Grove, California. This property features an 8-unit apartment complex that is a perfect blend of comfort and convenience. Each unit is thoughtfully designed with a spacious layout to provide a comfortable living experience. The units feature large windows that allow for plenty of natural light, enhancing the warm and inviting atmosphere of each apartment. The property is situated in a great location, offering easy access to a variety of local attractions and amenities. It’s just a short drive away from shopping centers, restaurants, parks, and schools, making it an ideal location for families and working professionals alike. This is a fantastic opportunity for investors looking for a steady income stream, as all units are currently occupied with reliable tenants. The property has been well-maintained and managed, ensuring a hassle-free investment experience. Don’t miss out on this rare opportunity to own a multi-unit property in the thriving city of Garden Grove. Contact us today for more information or to schedule a viewing.
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Property details
5,337 sqft interior area
Land area
9,718 sqft (0.22 acres)
Days on Verhouse
90
Address
12621 Morningside Ave, Garden Grove, CA, 92843
City of California
Garden Grove
County
Orange
Previous price
$2,899,000
Year Built
1961
District
Listing
Nearby major retailers
Costco
Costco Business Center
Trader Joe's
Albertsons
T-Mobile
Walmart Supercenter
Walmart Neighborhood Market
ALDI
Walmart
Gucci
Aldi
Wholesale: 3
Supermarket: 12
Mobile phone: 6
Leather: 1
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Interior Features
Tile, Carpet floors
Floor Covering
Tile, Carpet
Garage & Parking
Covered, Other
Amenities
Other
Listed by
Tiffany Nguyen, Advance Estate Realty
Name
Tiffany Nguyen
License number
01429636
Brokerage company
Advance Estate Realty
MLS #
CROC24034738
Payment calculator
Calculate your monthly payments
Mortgage
$8,594
Taxes
$0
HOA dues
$0
Mortgage
$559,800 / 20%
2.28%
30 years
Your amount
$8,594 / month
Lot details
TMK #19812222
Lot Description
Back Yard, Front Yard
Parcel nr.
19812222
92843 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
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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 92843
48%
Families with children
National average: 39%
20%
Non family households
704,074
Population
$85,656
Average Income
Age & gender
Median age 34 years
More info
Commute types
89% commute by car
More info
Education level
31% have not graduated education
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Number of employees
1% work in construction
More info
Vehicles available
35% have 2 vehicle
More info
Vehicles by gender
35% have 2 vehicle
More info
Housing market insights for
$946.09k
Neighborhood average
sales price*
sales price*
$820.25k
Neighborhood median
sales price*
sales price*
463
Number
of sales*
of sales*
Housing type
50% are single detacheds
More info
Rooms
44% of the houses have 4 or 5 rooms
More info
Bedrooms
58% have 2 or 3 bedrooms
More info
Owners vs Renters
51% are renters
More info
15 / 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
Price Decrease Mar 20, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 20, 2024 | Price Decrease | $2,799,000 -3.45% | 0 | MLS #CROC24034738 |
| Feb 19, 2024 | New Listing | $2,899,000 | 0 | MLS #CROC24034738 |
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Frequently Asked Questions about 12621 Morningside Ave
What is 12621 Morningside Ave?
12621 Morningside Ave is a Commercial/Industrial propertywith 5,337 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
12621 Morningside Ave, Garden Grove, CA, 92843.
What comparable properties are nearby?
Comparable nearby commercial properties include 12611 Morningside Ave, 13832 West St, 12361 El Rey Pl, 13345 Euclid St, 12460 Euclid St, 9202 Garden Grove Blvd.
Based on information from the bridgeMLS as of 05-18-2024. 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: Mar 20, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Thanh Long Maria Market, 0.29 miles away and Pacific Plaza Market, 0.78 miles away.
The 92843 zip area has a population of 704,074, and 48% of the families have children. The median age is 34.69 years and 89% commute by car. The most popular housing type is "single detached" and 51% is renter.
