12581 Kensington Lane, Garden Grove

Garden Grove Home For Sale

HIGHEST CAP RATE IN GARDEN GROVE! Property in excellent condition, lot has space for 1 ADU unit, 2:1 parking ratio! One Bedroom units on the same block are currently renting for $2100! 4 of 8 units are fully renovated in turnkey condition, the remain 4 units underwent minor renovations in 2023. 3 of 8 tenants are section 8 housing, other 5 tenants are on year leases! Units include: tile or vinyl flooring, dual pane windows, new appliances, new fixtures and outlets, brand new electric subpanels, wall heaters, re-glazed bathtubs, new cabinets and countertops, large walk-in closets. 5 of 8 tenants have RUBs in contract.

Property Details

12581 Kensington LaneLot Size: 0.22Bedrooms: 2Bathrooms: 2Price: $2,499,500Zip: 92840
MLS® #: NP24026154Neighborhood: Kensington LaneLevels: TwoSchool District: Days on Market: 21Listed By: Randall Mycorn, R L M Equities

Sales Agent

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Additional Information

  • City:
    Garden Grove
  • County:
  • Zip:
  • MLS® #:
  • Bedrooms:
  • Bathrooms:
  • Lot Size:
  • Neighborhood:
    Kensington Lane
  • Levels:
  • HOA Dues:

Price Change History for 12581 Kensington Lane, Garden Grove, (MLS® #NP24026154)

Date Details Price Change
Active Under Contract (from Active)
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Based on information from California Regional Multiple Listing Service, Inc. as of April 16th, 2024 at 12:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.