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Sold

12411 Magnolia Street

12411 Magnolia Street, Garden Grove, CA 92841

$1,550,000
A new and exciting commercial property is on the market. It’s not every day that such a facility becomes available in Garden Grove. The single-story property used to operate as an assisted living facility, features 11 bedrooms, is permitted for 18 beds, and offers abundant parking; it is just waiting for the right person to come along and bring new life to it. Among several amenities, the property features a large kitchen, built for function and ease of use, plenty of storage, and a 2-car garage in addition to the numerous parking spaces. Located in the bustling city center of Garden Grove, this property is close to local amenities and services such as banks, grocery stores, and fast-food restaurants; and it’s only a mile from the freeway and roughly 5 miles from Disneyland, providing a prime spot for an exceptional investment opportunity. With a little bit of attention and a few well-placed upgrades, this property could become something truly great. It could be revived as an assisted living facility or, if the city allows it, it could be made into a doctor’s office to make use of its 11 bedrooms or converted for any number of uses. And since it’s close to so many local amenities and is located in such an advantageous place, this will be a perfect opportunity for someone looking to make a difference in their community. Also, an additional investment opportunity, is the possible potential to convert, combine, and expand the two neighboring residential properties into one commercial property. Act quickly, as this property is priced to sell. 12411 Magnolia Street is a blank slate — a chance to make it your own and leave your mark.

2,600 Sq.Ft. LIVING AREA

0.28 Acres lot

Kiro Awad

Kiro Awad

Features & Amenities

Interior

  • Laundry room None

Area & Lot

  • Status Sold
  • Living Area2,600 Sq.Ft.
  • Lot Area0.28 Acres
  • MLS IDSW21171878
  • TypeCOMMERCIAL
  • YEAR BUILT1956

Exterior

  • STORIES1
  • water SourcePublic
  • lot features0-1 Unit/Acre, 2-5 Units/Acre, Sprinkler System
  • HEAT TYPECentral

Financial

  • Sales Price$1,550,000
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