11662 Magnolia Street, Garden Grove, CA 92841

  • $1,499,000
  • $1,550,000
11662 Magnolia Street, Garden Grove, CA 92841
Active Updated/Remodeled, Turnkey
11662 Magnolia Street, Garden Grove, CA 92841
11662 Magnolia Street, Garden Grove, CA 92841
  • $1,499,000
  • $1,550,000

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!

  • Address 11662 Magnolia Street
  • City Garden Grove
  • State/county CA
  • Zip/Postal Code 92841
  • Country US

Details

Updated on June 25, 2025 at 6:39 pm
  • Property ID: PW25130931
  • Price: $1,499,000
  • Land Area: 0.1653 Acres
  • Bedrooms: 7
  • Bathrooms: 4
  • Garages: 2.0
  • Garage Size: x x
  • Year Built: 1955
  • Property Type: Single Family Residence, Residential
  • Property Status: Active

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  • Hoyt Hochman