8681 Garden Grove Blvd, Garden Grove, CA 92844

Bread and butter and easy to manage 6-unit street retail property with 5 stores to be sold together with 12931 Lorna St, a residential duplex, MLS# CV15239160. Rents are low as compared to market rents of $1.10 per sf . Rentable space is 4,931 sf per assessor on a 17,424 sf lot. Ample parking in the back accessible through Lorna st. Total combined lot size of both properties is 27,752 sf or approximately 0.63 acre. The property is zoned GGMU2, mixed use zoning with an allowable building height of 3-4 stories. According to the general plan, GGMU2 does not need to have a commercial component. The residential density is 21 dwelling units per acre or 13 units based on the current acreage. Please refer to the attached city regulations and development standards. If interested, do not hesitate to ask about the package price deal for the sale of both parcels.