11662 Magnolia Street, Garden Grove, CA 92841 (MLS # PW25130931)

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PRICE $1,550,000 dsIDX morgage calculator
BEDS 7
BATHS 4
HOME SIZE 2,520 sqft
LOT SIZE 7,201 sqft

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!

DAYS ON MARKET 8 LAST UPDATED 6/16/2025
TRACT Grove at the Park (GRPK) YEAR BUILT 1955
COMMUNITY 62 - Garden Grove N of Chapman, W of Euclid GARAGE SPACES 2.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Gas Oven, Gas Range, Gas Water Heater, Water Heater
AREA 62 - Garden Grove N of Chapman, W of Euclid
FIREPLACE Yes
GARAGE Yes
HEAT Central, Fireplace(s)
INTERIOR Eat-in Kitchen, Recessed Lighting
LOT 7200 sq ft
LOT DESCRIPTION Near Public Transit
PARKING Garage, Garage Door Opener, Garage Faces Rear, On Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Modern
SUBDIVISION Grove at the Park (GRPK)
UTILITIES Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
VIEW DESCRIPTION None
WATER Public
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 11662 MAGNOLIA STREET
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Listed with Realty One Group West

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/18/25 1:15 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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