10181 Larson Avenue, Garden Grove, California 92843, Garden Grove, 92843 - 4 bed, 4 bath
10181 Larson Avenue
Garden Grove, California 92843
Property Price
SUMMARY
Analysis of 10181 Larson Avenue, Garden Grove, California 92843 reveals a Fairly Priced Property with a current list price of $1,229,888 aligned with the estimated $1,229,888 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Garden Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1944, the property is well-maintained with key system upgrades including a 6-year-old roof, copper plumbing, and double-pane windows. However, the interior finishes, including the kitchen and bathrooms, are dated and do not reflect current modern standards. The 'as-is' sale condition and the listing's emphasis on modernization potential indicate the home is functional but requires cosmetic and fixture updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8208, living area = 2044.
- Development & ADU Potential
The expansive 8,208 sq ft lot features rare rear alley access with a 20ft wide sliding gate, providing an ideal footprint for an ADU or multi-generational expansion to maximize ROI.
- Strategic Location
Situated just minutes from Little Saigon and top-rated schools, the property is located in a high-demand rental pocket with excellent proximity to major markets and transportation.
CONSRISKS & DEFICIENCIES
- Strict As-Is Sale
The seller's firm 'as-is' requirement with no repairs or credits may limit financing options and requires the buyer to assume all costs for modernization and deferred maintenance.
- Dated Interior Condition
Built in 1944, the property requires comprehensive cosmetic and functional updates to align with contemporary standards and achieve its full market valuation.
About 10181 Larson Avenue
Extremely motivated to sell- MUST GO - Seller is relocating - Bring your BEST and REASONABLE OFFER !! • High R.O.I & Strong Rental Income Potential. Just 5-10 minutes from Little Saigon, this rare opportunity places you near top Asian markets, restaurants, and major transportation—an unbeatable hot spot for both homeowners and investors. This expansive 4BR/4BA home offers 2,044 sq ft of living space on a massive 8,208 sq ft lot— Parkings are entering from the rear of the alley street thru large iron sliding gate approximately 20ft wide opening.ideal for a future ADU, basketball court, or resort-style outdoor retreat. Oversized lot with Multiple parking spaces available for cars. This property is designed for convenience, flexibility, and maximum income potential."PROPERTY TO BE SOLD AS IS". NO REPAIR/CREDIT. Per the NHD report, this home is NOT located in a High Fire Hazard Area.(attached Supplement) Top-Rated Nearby Schools (0.2–0.7 miles): Elementary: Mitchell, Sunnyside, Excelsior. Intermediate: Donald S. Jordan. High School: Santiago & Garden Grove. Investment & Value-Add Highlights: Excellent opportunity to modernize and boost rental income. Upgraded copper plumbing, double panes window, roof 6 years old. Low-maintenance huge backyard with extensive concrete and a large patio perfect for gatherings. Fruit-Lover’s Paradise: The yard is lined with mature orange, lemon, guava, persimmon, and jujube trees, providing shade, beauty, and fresh seasonal harvests year-round.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1944
- Lot Size
- 8,208 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,044 | 1,342 | 90% |
| Lot Size | 8,208 | 7,227 | 87% |
| Price | $1.23M | $1.02M | 87% |
| Price per sq ft | $602 | $698 | 16% |
| Built year | 1944 | 1958 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 155 | 23% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,229,888
$1,259,000
-2% Price Drop
Initial Listing
Price Change
Jan 31, 2026
$1,259,000
$1,175,000
+7% Price Increase
Initial Listing
Price Change
Jan 23, 2026
$1,175,000
$1,195,000
-2% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$1,195,000
Initial Listing