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Closed
- Listed price
- $1,490,000
- Listed Mar 1, 2019
- Sold price
- $1,400,000
- Sold Aug 1, 2019
16,117 sqft lot|1965 Built|133 MLS days on market
11851 Gilbert St, Garden Grove, CA 92841
Property Description
PRICE REDUCED!!! Retail and Office property in Garden Grove located on Gilbert and Chapman Ave. This commercial property has 11 tenants in 2 stories. The first floor has retail tenants and the second floor has the office use tenants. The total building size is 6,120 sf and the lot size is 16,116 sf. There is ample parking with 23 parking spaces in the back of the building. This very excellent opportunity to investors is fully occupied by offices and retail business with long term presence. Also the current rent is low. Excellent cap rate with upside potential.This property is located at a busy signalized intersection of Gilbert St and huge parking lot facing major retail center anchored by Wal WALMART and 24 Hr Fitness.
Listing agent: Kevin LeeDRE #01077991kevinlee@newstarrealty.com, Listing office: New Star Realty & Investment
MLS data updated 11/3/2026, 10:39:26 AM PT
Source: CRMLSMLS #: PW19046237
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,400,000
Aug 1, 2019
Available records22019
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
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92841 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.