$6,150,000 Financing Secured for Office Property in Garden Grove, CA
Apr 17, 2026 Bank
Deal Summary
Mega Bank recorded a $6,150,000 deed of trust crossing two Garden Grove parcels including a 20,000 square foot office building at 12831 Palm Street. The loan was executed April 17, 2026 and recorded April 24, 2026 in Orange County under document 118216 (APN 231-422-01), crossed against one additional parcel. County records list the owner as Acuity Garden Grove Llc.
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Transaction Details
- Closing Date
- Apr 17, 2026
- Loan Amount
- $6,150,000
- Loan Type
- Bank
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 12831 Palm St
- City, State
- Garden Grove, CA
- Market
- Orange County
Property Facts
- Building Size
- 20,668 sq ft
- Lot Size
- 43,560 sq ft (1.00 ac)
- Year Built
- 1986
- Buildings
- 1
- Zoning
- PUD
- Subtype
- Office Building
- Floor Area Ratio
- 0.36
Sale History
Last sold for $5,900,000 on Aug 31, 2021. Prior owner PALM HARBOR PROF PLZ LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 24, 2026 | MEGA BK | $6,150,000 | Deed Of Trust | CONVENTIONAL |
| Jun 3, 2022 | ZB NA | $70,000,000 | Grant Deed | |
| Sep 14, 2018 | JPMORGAN CHASE BK NA | $4,280,000 | Deed Of Trust | CONVENTIONAL |
| Dec 9, 2015 | WILSHIRE BK | $1,800,000 | Deed Of Trust | CONVENTIONAL |
| Sep 22, 2011 | HANMI BK | $1,750,000 | Deed Of Trust | CONVENTIONAL |
| Feb 2, 2005 | BANK OF AMERICA | $2,050,000 | Deed Of Trust | CONVENTIONAL |
| Feb 19, 2002 | NARA BK | $1,215,000 | Deed Of Trust | SBA |
| Jun 16, 1998 | DAI ICHI KANGYO BK LTD | $8,000,000 | Deed Of Trust | CONVENTIONAL |
| Mar 31, 1987 | GREAT-WEST LIFE & ANNUITY INS | $2,450,000 | Mortgage | PRIVATE PARTY LENDER |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.