CA > Garden Grove > Grove At The Park
Garden Grove, CA 92841,11662 Magnolia Street
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Garden Grove, CA 92841,11662 Magnolia Street
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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Cris Epstein

Cris Epstein

+1(818) 269-4377
Listed by Nam Ba Nguyen • Realty One Group West
$ 1,550,000
Est. payment /mo
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11662 Magnolia Street Garden Grove, CA 92841

7 Beds

4 Baths

2,520 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $615

Subdivision Grove At The Park

MLS Listing ID PW-25130931

Style Modern

Bedrooms 7

Full Baths 4

Year Built 1955

Lot Size 7,200 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare Dual-Unit Investment Opportunity in Prime Garden Grove Location Don't miss this exceptional chance to own a truly rare two-unit property in one of Garden Grove's 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 you're 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 between--schedule your showing today!

Location

State CA

County Orange

Area 62 - Garden Grove N Of Chapman, W Of Euclid

Interior

Interior Features Copper Plumbing Partial, Recessed Lighting, Granite Counters

Heating Central, Fireplace(s)

Cooling Central Air

Flooring Vinyl

Fireplaces Type Living Room

Laundry Gas & Electric Dryer Hookup, Washer Hookup

Exterior

Garage Spaces 2.0

Pool None

Community Features Suburban

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

View Y/N No

View None

Building

Lot Description Lot 6500-9999, Near Public Transit

Sewer Public Sewer

agent

Cris Epstein

Advisor | License ID: 01385089

+1(818) 269-4377

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11662 Magnolia Street