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11662 Magnolia Street, Garden Grove, CA 92841

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For Sale

$1,499,000

7 beds • 4 baths • 2,520 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $594.84
    Price per square foot

  • New Construction, Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Incredibly rare 2-unit investment opportunity located in a highly desirable neighborhood of Garden Grove. This property features two fully detached single-family homes on one lot ideal for owner-occupants, investors, or 1031 exchange buyers. Unit 1 Brand New ADU (Built in 2025): This detached 4-bedroom, 2-bathroom ADU offers approximately 1,200 square feet of living space and includes a detached 2-car garage. Projected market rent is approximately $4,000 per month. Unit 2 Remodeled Main House: The main home has been tastefully updated and features 3 bedrooms and 2.5 bathrooms with approximately 1,340 square feet of living space. Includes a driveway that fits up to 3 cars. Current rent is $3,500 per month. Both units have separate gas and electric meters, and tenants pay for all utilities. With a brand new ADU and recent updates to the main house, this property will be low maintenance for the next 10+ years. This is a perfect opportunity for first-time homeowners looking to live in one unit and rent out the other, or for investors seeking solid rental income in a high-demand rental market. Don't miss this exceptional and versatile investment property.
MLS# PW25130931

Courtesy Of Realty ONE Group West

(714) 602-2600

Property Features

  • Age
    New Construction, Over 50 Years Old
  • Amenities
    Double Pane Windows
  • Appliances
    Oven - Gas, Range, Range - Gas
  • Architecture Style
    Modern
  • Fireplace
    Fireplace
  • Floor Covering
    Vinyl
  • Rooms
    Great Room, Living Room

Map and Directions

Directions to 11662 Magnolia Street, Garden Grove, CA 92841

Home seller CENTURY 21 Classic Estates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Classic Estates

(562) 865-2992
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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