Active Under Contract

12571 Kensington Lane

Garden Grove, CA 92840
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Bed 3

Bed

Bath 2

Bath

SqFt6,882

Sqft(Lot)

$600K Price Reduction, 6.0% Day One Cap Rate & current 12.4 GRM. 12571, 12575 & 12577 Kensington Lane are ten turnkey apartment units located in Garden Grove, California. Located near multiple retail and recreation options. 100% pride of ownership with over $750,000 in capital improvements completed in 2025. Freshly painted & new stucco. New electrical panels and wiring. Tastefully and exquisitely interior renovations. Walk score of 65 & strategically located just north of the 22 freeway between the 405 & 5 freeways. Two newly constructed 2-bedroom ADU's (2025). New exterior painting on existing 8-unit building, including concrete and stucco repairs. New landscaping and irrigation. Upgraded tandem parking in rear of building with new parking striping (16 total spaces). New cluster mailbox center. Upgraded property lighting with energy-efficient LED fixtures. Full remodeled kitchens in all units. All new stainless-steel appliances, new white shaker cabinetry throughout, premium quartz countertops. New sinks, faucets, and modern plumbing fixtures. New luxury vinyl plank flooring throughout (LVP). Fresh interior paint throughout all units & new trim and baseboards. New lighting and fans throughout & mini split systems installed in each unit. Stacked private washer/dryer units installed in each unit with upgraded plumbing lines (supply and/or drain).

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,295,000

AD Id : 87410517

MLS Id : OC26020095

Beds : 3

Lot Size : 6,882 Sqft

Year Built : 1960

County : Orange

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Feature Features

  • Interior Features

    Appliances: Dishwasher, Washer
    Laundry Features: WasherHookup, Inside, Stacked
  • Heating & Cooling

    Has Heating: Yes Heating: EnergyStarQualifiedEquipment Has Cooling: Yes Cooling: Dual

  • Building Information

    Year Built: 1960
    Building Area Total: 6492
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6882 Lot Size Acres: 0.158 Lot Size Source: PublicRecords Lot Size Square Feet: 6,882 Lot Description: SixToTenUnitsAcre

  • Listing Price Information

    Listing Price: $3295000
    Original Price: $3895000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 08906307 Tax Lot: 145

  • Utility Information

    CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerConnected, WaterConnected
  • Location Information

    Direction: North of 22 Fwy, East of Brookhurst WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
13471 Greentree Avenue, Garden Grove, CA, 92840 $965,000 3 2 1,461 1,461 SqFt
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12954 Dahlia, Garden Grove, CA, 92840 $1,499,000 4 4 2,783 2,783 SqFt
13181 222 Lampson, Garden Grove, CA, 92840 $175,999 3 2 1,040 1,040 SqFt
12560 Haster #207, Garden Grove, CA, 92840 $209,900 3 2 1,056 1,056 SqFt
12560 Haster #216, Garden Grove, CA, 92840 $140,000 2 1 896 896 SqFt
11662 Jewel, Garden Grove, CA, 92840 $1,118,000 3 2 1,681 1,681 SqFt
11722 Timmy Lane, Garden Grove, CA, 92840 $1,350,000 3 2 1,440 1,440 SqFt
12071 Reva, Garden Grove, CA, 92840 $1,175,000 3 3 1,773 1,773 SqFt
12246 Nadine Circle, Garden Grove, CA, 92840 $1,199,000 4 3 1,794 1,794 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 08:20

MLS: OC26020095 LISTED BY: Jonathan Mitchell, Kidder Mathews of California, Inc 949-557-5000 SOURCE: CRMLS

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