
Garden Grove, California 92843
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000, positioned slightly above the $1,193,753 Fair Market Value. While the property requires significant renovation given its Condition Rating of 5, the expansive 8,208 square foot lot and ADU Potential provide a clear path for forced appreciation. The functional 2,044 square foot floor plan offers a versatile foundation for a full interior overhaul. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in the Garden Grove Unified district.
Property is extensive renovation needed.
Built in 1944, this 80-year-old property is explicitly marketed as a 'blank canvas' and 'investor project,' signaling a need for significant rehab. While the bathroom shows some dated renovations, the listing's emphasis on 'potential' and 'creative vision' suggests that major systems and interiors require a full overhaul to be considered modern or move-in ready.
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.
Boasting 4 bedrooms and 3 bathrooms across 2,044 square feet, this single-level residence offers a rare and highly functional layout that is ideal for multi-generational living or growing families.
The expansive 8,208 square foot lot includes a large sliding gate for rear access, providing a perfect foundation for adding an Accessory Dwelling Unit (ADU) or a custom outdoor entertainment space.
Marketed as a 'blank canvas' built in 1944, the property likely requires a substantial capital investment to modernize its systems and finishes to meet current market standards.
With a list price of $1.2 million for a property needing work, the high initial cost may challenge the margins for investors looking for a traditional fix-and-flip project.
Welcome to 10181 Larson Avenue, a spacious single-family residence offering incredible potential in the heart of Garden Grove. Boasting 4 bedrooms, 3 bathrooms, and approximately 2,044 square feet of single-story living space, this property is a blank canvas awaiting your creative vision. Whether you are an investor looking for a high-potential project or a homeowner ready to design and remodel a custom dream home exactly to your taste, the opportunities here are endless. The home features a highly functional floor plan with a generous footprint, clear separation of spaces, and excellent natural light throughout. Situated on an expansive 8,208 square foot lot, the exterior space is just as versatile. Convenient on-premise parking is easily accessed from the rear of the property through a large sliding gate, offering excellent security and convenience. The large backyard provides ample room to expand, create a custom outdoor entertainment oasis, or take advantage of the California SB 9 program and explore the possibility of adding multiple Accessory Dwelling Units (ADUs) for multi-generational living or rental potential. The roof was replaced in 2019 and major renovations took place in 1986 for dwelling additions, electrical and copper plumbing. Conveniently located near top-rated schools, local parks, diverse dining, and premier shopping, with effortless access to major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,044 | 1,574.458 |
| Lot Size | 8,208 | 7,206.15 |
| Price | $1.20M | $1.09M |
| Price per sq ft | $587 | $723 |
| Built year | 1944 | 1957 |
| HOA | $0 | $227 |
| Days on market | 64 | 43 |
Jul 20, 2026
$1,199,900
$1,999,000
-40% Price Drop
Initial Listing
Jul 18, 2026
$1,999,000
$1,200,000
+67% Price Increase
Initial Listing
Jul 7, 2026
$1,200,000
Initial Listing