11662 Magnolia Street,Garden Grove, CA 92841
Garden Grove, CA 92841
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 betweenschedule your showing today!
Details
| MLS # | PW25130931 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | New Construction |
| Status | Active |
| Year | 1955 |
| Days On Site | 34 |
| Listing Provided By | Realty One Group West | Nam Ba Nguyen |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,520 |
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.17 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central, Fireplaces |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Separate Formal Dining Room, Eat In Kitchen, Recessed Lighting, All Bedrooms Down, Bedroom On Main Level |
| Window Features | Double Pane Windows |
| Appliances | Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors |
| Foundation Details | Raised, Slab |
| Lot Features | Near Public Transit |
| Fencing | Vinyl, Wood |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Door Single, Garage, Garage Door Opener, Public, Garage Faces Rear, One Space |
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Volts220In Kitchen, Volts220In Laundry, Photovoltaics On Grid, Photovoltaics Seller Owned |
| Sewer | Public Sewer |
Location
| Community Features | Suburban |
|---|
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Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Garden Grove |
| Zip Code | 92841 |
| Area | 62 Garden Grove N of Chapman | W of Euclid |
| Community Name | Grove at the Park (GRPK) |
| School District | Garden Grove Unified |
 | $1,368,00011691 Faun LaneGarden Grove, CA 92841 |