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Closed
- Listed price
- $1,290,000
- Listed Feb 8, 2016
- Sold price
- $1,225,000
- Sold Apr 29, 2016
16,117 sqft lot|1965 Built|97 MLS days on market
11851 Gilbert St, Garden Grove, CA 92841
Property Description
OUTSTANDING CASH FLOW OPPORTUNITY!! Re/max Diamond is pleased to offer qualified investors the opportunity to acquire retail and office 14 units commercial building in a busy corridor of Garden Grove, high demand rental area. This stand-alone building has two stories, first level 6 units, second level 8units facing to Gilbert street. Also every unit is 430SF(Approximately) and has it' s own bathroom. The total building size is 6,120 SF and lot size is 16,116 SF. There is ample parking with 23 total space in back of the building. This very excellent value opportunity to investors is fully occupied by professional offices and retail business with long term presence. Also existing rent is low. Excellent cap rate with upside potential. Owner and each tenants renew the lease agreement every 2 years. One unit of second level is using as owner' s office. This space can be leased for extra income for new owner. The property is easily accessible by major surface streets. This building sit at a busy signalized intersection of Gilbert street and huge parking lot facing major retail center anchored by WALMART, 24 HOUR FITNESS.
Listing agent: Young YouDRE #01848166broker.youngyou@gmail.com, Listing office: RE/MAX Diamond
MLS data updated 11/3/2026, 2:34:26 PM PT
Source: CRMLSMLS #: PW16026863
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,225,000
Apr 29, 2016
Available records22016
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92841 · Nov 2026
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ZIP 92841 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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