CA > Garden Grove > Grove At The Park (Grpk)
Garden Grove, CA 92841,11662 Magnolia Street
Garden Grove, CA 92841,11662 Magnolia Street
Garden Grove, CA 92841,11662 Magnolia Street
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$1,499,000
Est. payment /mo
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7 Beds
4 Baths
2,520 SqFt
Price Dropped by $51K

11662 Magnolia Street Garden Grove, CA 92841

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Teresa Munguia

Teresa Munguia

+1(619) 454-3141

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $594

Subdivision Grove At The Park (Grpk)

MLS Listing ID PW25130931

Style Modern

Bedrooms 7

Full Baths 4

Year Built 1955

Property Sub-Type Detached

Property Description

Rare Dual-Unit Investment Opportunity in Prime Garden Grove Location Dont miss this exceptional chance to own a truly rare two-unit property in one of Garden Groves most sought-after neighborhoods. Situated on a single lot, this investment features two fully detached single-family homes, offering incredible versatility for owner-occupants, investors, or 1031 exchange buyers. Unit 1 Brand New ADU (Built in 2025) This newly constructed 4-bedroom, 2-bathroom Accessory Dwelling Unit offers approximately 1,200 sq. ft. of modern living space, complete with a detached 2-car garage. Designed with comfort and efficiency in mind, this unit is projected to command market rent of approximately $4,000/month. Unit 2 Remodeled Main Residence The tastefully updated main home features 3 bedrooms and 2.5 bathrooms across approximately 1,340 sq. ft. of living space. Updates throughout provide a turnkey living experience. The private driveway accommodates up to three vehicles, and the current rental income is $3,500/month. Additional Highlights: Separate gas and electric meters for each unit Tenants pay all utilities Low-maintenance setup with recent construction and renovations Ideal for house hacking, multi-generational living, or long-term rental strategy This is a rare and versatile investment opportunity in a high-demand rental market. Whether youre looking to offset your mortgage by living in one unit and renting the other, or seeking steady cash flow from both units, this property delivers. Opportunities like this are few and far betweenschedule your showing today!

Location

State CA

County Orange

Direction Between Chapman ave and Orangewood ave

Interior

Interior Features Copper Plumbing Partial, Recessed Lighting

Heating Fireplace, Forced Air Unit

Cooling Central Forced Air

Flooring Linoleum/Vinyl

Fireplaces Type FP in Living Room

Fireplace No

Appliance Solar Panels, Gas Oven, Gas Range

Laundry Gas & Electric Dryer HU, Washer Hookup

Exterior

Parking Features Garage, Garage - Single Door, Garage Door Opener

Garage Spaces 2.0

Fence Vinyl, Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 13230204

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Nam Ba Nguyen Realty One Group West

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agent

Teresa Munguia

Agent | License ID: 01204532

+1(619) 454-3141

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