11662 Magnolia Street new Save Request In-Person Tour Request Virtual Tour
Garden Grove,CA 92841
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $615
MLS Listing ID CRPW25130931
Bedrooms 7
Full Baths 4
Year Built 1955
Lot Size 7,200 Sqft
Property Sub-Type Detached
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 versatil
Location
State CA
County Orange
Interior
Heating Central,Fireplace(s)
Cooling Central Air,ENERGY STAR Qualified Equipment
Flooring Vinyl
Fireplaces Type Living Room
Laundry 220 Volt Outlet,Other
Exterior
Garage Spaces 2.0
Pool None
View None
Building
Lot Description Other
Story 1
Foundation Raised,Slab
Schools
School District Garden Grove Unified