
Garden Grove, California 92843
This Residential Income Duplex presents a Strong Value Opportunity, listed at $950,000—positioned slightly above the $943,070 Fair Market Value. While the property requires minor updates given its Fair Condition Rating, the six-car parking capacity and separate utility metering provide significant operational efficiency. The vacant unit allows for immediate occupancy or rental, offering a strategic path to stabilize cash flow. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a house-hack strategy in a high-demand Garden Grove location.
Property is moderate renovation needed.
Built in 1953, the property shows signs of cosmetic updates within the last 10-15 years, including wood-look tile flooring and a renovated bathroom shower. However, the 'AS-IS' sale condition, dated exterior stucco, and weathered carport/pavement suggest the property requires minor repairs and likely updates to older systems.
The duplex features two separate addresses with one unit currently vacant, providing an ideal opportunity for an owner-user to occupy one unit while generating immediate rental income from the other.
The property includes a rare six-car carport, offering significant parking capacity that adds substantial value and convenience for tenants in a high-demand residential area.
Equipped with separate gas and electric meters for each unit, the property simplifies management and reduces owner overhead by allowing tenants to be responsible for their own primary utility usage.
The property is being sold in as-is condition, which may necessitate additional capital investment for repairs or modernization to meet current market standards.
A shared water meter between both units complicates expense allocation and typically requires the owner to absorb the cost of water usage for the entire property.
Great opportunity to own a duplex with two separate addresses (10002 & 10006) in the heart of Garden Grove! Each unit features 2 bedrooms, 1 bathroom, and a bonus room. Unit 2 also includes an additional bathroom. The property offers parking for up to six cars, including a two-car carport and four driveway parking spaces, two separate gas meters, two separate electric meters, and one shared water meter. One unit is currently tenant-occupied, while the other is vacant, offering flexibility for an owner-user or investor. Conveniently located near schools, supermarkets, restaurants, parks, and with easy access to freeways. Property is being sold in AS-IS condition. Don’t miss this great investment opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,612 | 3,791.167 |
| Lot Size | 5,448 | 8,960.833 |
| Price | $950.0K | $1.66M |
| Price per sq ft | $589 | $453 |
| Built year | 1953 | 1959 |
| HOA | $0 | $0 |
| Days on market | 11 | 63 |
Oct 14, 2026
$950,000
Initial Listing
Nov 1, 2013
$480,000
Public Record
Oct 1, 2002
$295,000
Public Record