12571 Kensington Lane, Garden Grove, CA 92840

Garden Grove
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
12571 Kensington Lane,Garden Grove, CA 92840
$3,295,000
  • - Beds
  • - Baths
  • 6,492 sq. ft.
  • Multi-family
  • Pending
Listed by: jonathan mitchell
Office: kidder mathews of california, inc949-557-5000
MLS#:OC26020095
Source:CRMLS

Price summary

  • Price:$3,295,000
  • Price per sq. ft.:$507.55

About this home

$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...

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Home facts

  • Year built:1960
  • Listing ID #:OC26020095
  • Added:243 day(s) ago
  • Updated:September 29, 2026 at 09:39 AM

Rooms and interior

  • Flooring:Vinyl
  • Kitchen Description:Dishwasher
  • Living area:6,492 sq. ft.

Heating and cooling

  • Cooling:Dual

Structure and exterior

  • Year built:1960
  • Building area:6,492 sq. ft.
  • Lot area:0.16 Acres
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$3,295,000
  • Price per sq. ft.:$507.55

Features and amenities

  • Appliances:Dishwasher, Washer
  • Laundry features:Inside, Stacked, Washer

Parking

  • Total parking spaces:16
  • Parking description:Assigned
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