The median home value in Garden Grove, CA is $877,500.
This is
lower than
the county median home value of $900,000.
The national median home value is $308,980.
The average price of homes sold in Garden Grove, CA is $877,500.
Approximately 55% of Garden Grove homes are owned,
compared to 42% rented, while
3% are vacant.
Garden Grove real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Garden Grove real estate agent to arrange a tour today!
Learn more about Garden Grove.
Excellent commercial use opportunity in Garden Grove. This corner lot offers a large free-standing building measuring approximately. 9,036 sf on an approximately 47,916 sf lot. The zoning classification of the property is MU-1(mixed use). Per zoning code provided commercial and residential mixed-uses are permitted. The subject property may also offer multiple uses for the existing structure and the potential for commercial or residential development to maximize the lot size of approximately 47,916 sf. Located on a corner lot with high traffic visibility at Garden Grove Blvd and Coast St. Most recent use was that of a church but may be easily repurposed to accommodate other uses. The building is presently vacant and offers no financials. Using a 1% as a placeholder. The subject property offers a religious building with an internal loft, 2nd floor office area, and a large open parking area. There are two ground floor multi-purpose rooms/offices, and two ground floor multi-fixture restrooms. The second-floor area contains two additional restrooms, several private rooms that may be used as classrooms or offices, and an open multi-purpose room with a glass-enclosed view of the worshiping area. There are two interior stairways for vertical access. The ground floor worship area has a split-height ceiling design approximately between 17 and 26 feet in height. A side room to the south has exterior doors. The large paved parking area south of the building can accommodate a total of 92 vehicle parking during services. The property is presently fenced with iron security fencing.
Owner will lease back 15 year plus (2) 5 yr optionBuyer also can offer business and property. The asking price of business is 1.5 mil.Close from Freeway C-22On Garden Grove Blvd between Beach Blvd and Brookhurst St.
This value add property in the heart of Garden Grove is ready for an owner to properly manage as the tenant mix can be improved and rents are under market. The property consists of 4 buildings and tenants totaling 21,368 SF on a large 1.87 acre lot which, potentially, allows for development opportunity. There are 3 restaurant/caf tenants that drive traffic to the property. There is great upside potential with increased rent and CAM reimbursement as the tenants were mostly leased up during the Pandemic. Property is with some tenants on month to month leases. Currently, there is 1 vacancy and income will improve when that unit is leased.Cap Rate: 5.77% (as-is) 6.91% (proforma)Gross Scheduled Income: $628,793 ($745,1036 proforma) per yearPrice/SF: $368.16sOwner is in process of improving the property including aesthetic upgrades, increasing income, and expense reimbursement so that the financials will noticeably improve over time. See offering memorandum for more information. Contact listing agent for the most up to date information.
Location, Location, Location! This property is located in the heart of Garden Grove Centrally located in a highly desirable commercial area. One block eastbound of the property is under planned unit development (PUD) by the city of Garden Grove for 640 residential units. There is also active ongoing construction across the street from the subject property. This is a great opportunity for investors and developers. Please refer to the City of Garden Grove website for further details. This property currently has a GGMU-3 mixed-use zoning. Currently, this lot is used by auto sales, a mechanic shop, a towing service, and a tint shop. This land combines two parcels (133-363-06) 9915 Garden Grove Bl with a lot size of 17,424 sqft and Parcel number (133-363-05) 9943 Graden Grove Bl with a lot size of 34,848 sqft. The parcel number (133-363-05) is also for sale. Both parcel numbers will combine for a 1.2-acre lot.
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