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    12922 Shackelford Ln Garden Grove, CA 92841

    For Sale
    $1,700,000

    Two adjacent 6-unit multifamily properties with upside potential.

    Lot size:
    0.18 Acres

    Property Features for 12922 Shackelford Ln

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1958

    Source: Ana Real Estate Agent Lisa Nguyen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Multifamily Properties for Sale

    Two adjacent properties located at 12922 and 12932 Shackleford Lane are being sold together. Each property contains 6 units, with a unit mix of one 2-bedroom, 1-bathroom unit and five 1-bedroom, 1-bathroom units. The outdoor exteriors have been newly painted, and new outdoor stairs have been installed. All units feature new indoor circuit breakers. Each unit is individually metered for electricity and gas. The properties include four two-car garages and ten parking spaces. There are long-term tenants in place, with potential for rent increases and future development. On-site, there are coin-operated washer and dryer machines for additional income. The location is near a school and supermarket.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -117.971457
    Latitude
    33.774789

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    FAQs

    What type of property is this?
    Apartment building - Two adjacent 6-unit multifamily properties with upside potential.
    Where is this apartment building located?
    The property is located at 12922 Shackelford Ln Garden Grove, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Two adjacent properties being sold together, totaling 12 units.; - Each unit is individually metered for electricity and gas.; - Includes **four two-car garages and 10 parking spaces**.
    (714) 234-7468
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    12922 Shackelford Ln Garden Grove, CA 92841
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12922 Shackelford Ln Garden Grove, CA 92841
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