714-914-4996

11662 Magnolia Street,
Garden Grove, CA 92841

$1,499,000

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!

Basic Information

MLS #:
PW25130931

Price:
$1,499,000

Price
(per sq ft):
$594.00

Address:
11662 Magnolia Street ,
Garden Grove, CA 92841

MLS Area:
62 - Garden Grove N of Chapman, W of Euclid

Subdivision:
Grove at the Park (GRPK)

Property
Type:
Single Family Residence

Days on Market:
67

Status:
Active

Bedrooms:
7

Bathrooms:
4

Full Baths:
4

Size (sq ft):
2,520 sq ft

Lot Size:
7,200 sq ft

Year Built:
1955

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Down, Great Room, Laundry, Living Room, Main Floor Bedroom

Eating Area:
In Family Room, Dining Room, In Kitchen

Laundry:
Gas & Electric Dryer Hookup, Washer Hookup

Entry Location:
Magnolia st

Interior Features

Fireplace:
Living Room

Cooling:
Central Air

Heating:
Central, Fireplace(s)

Floor:
Vinyl

Appliances:
Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater

Interior Features:
Copper Plumbing Partial, Recessed Lighting

Security:
Carbon Monoxide Detector(s), Fire and Smoke Detection System

Accessibility:

Garage and Parking

Garage:
Detached

Garage:
2 Spaces

Carport:
3.00 Spaces

Parking:
Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Parking Space, Public

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

School Information

District:
Garden Grove Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:
None

Patio:
None

View:
None

Construction:

Foundation:
Raised, Slab

Roof:
Shingle

Windows:
Double Pane Windows

Common Walls:
No Common Walls

Levels:
One

Lot Features:
Lot 6500-9999, Near Public Transit

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Suburban

Other Structures:

Structure Condition:
Turnkey, Updated/Remodeled

Direction Faces:

Listed by:
Realty One Group West , Nam Ba Nguyen , 02235673

Co-Listed:

Last
Updated:
8/19/2025 6:01 PM

11662 Magnolia Street,
Garden Grove, CA 92841