The median home value in Garden Grove, CA is $918,000.
This is
higher 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 $918,000.
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.
Prime Investment Opportunity in Garden Grove! With a spacious 34,848-square-foot lot and mixed-use zoning, the property offers endless possibilities. Don't let this rare opportunity pass you by!
Owner will lease back 15 year plus (2) 5 yr option Buyer also can offer business and property. The asking price of business is 1.5 mil. Close from Freeway C-22 On 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 year Price/SF: $368.16s Owner 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.
