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10391 Mildred Avenue, Garden Grove, California 92843, Garden Grove, 92843 - 8 bed, 6 bath

10391 Mildred Avenue, Garden Grove, California 92843 home-pic-0
ACTIVE$1,675,000$2,703/sqft
Est. Value: $1,708,859
2%
FairlyEstimate
10391 Mildred Avenue, Garden Grove, California 92843
8Beds
6Baths
2,703Sqft
8,040Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $1,675,000.

Key pros and cons

Top Pros:
Exceptional Income Potential: The property offers significant rental income, with the main home and ADU currently generating $7,400, and an additional $1,850 projected from a potential JADU conversion, making it highly attractive for investors or multi-generational living.
Top Cons:
Age of Original Structure: Despite extensive remodeling, the main home's original construction year of 1952 means the underlying foundation and some infrastructure are older, which could lead to unforeseen maintenance issues over time.

Compared to the nearby listings

Price:$1.68M vs avg $998.0K (+$677,000)97%
Size:2,703 sqft vs avg 1,280 sqft97%
Price/sqft:$620 vs avg $69826%

More Insights

Built in 1952 (74 years old).
Condition: The property features a fully remodeled main home and a brand-new ADU, both showcasing new, high-quality finishes throughout. The kitchens are modern with new cabinets, quartz countertops, and stainless steel appliances (stove, dishwasher, microwave in ADU). Bathrooms are completely updated with contemporary tiling, vanities, and glass shower enclosures. New wood-look laminate flooring, recessed lighting, and mini-split AC units are present. A fully paid solar system adds to its modern efficiency. Despite the main home's original build year of 1952, the extensive and recent renovations (within 5 years, and ADU is brand new) bring all living components to current quality standards with no deferred maintenance.
Year Built
1952
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
PW26003526
Home ConditionExcellent
Features
Patio
View-

About this home

This rare Garden Grove opportunity offers the perfect combination of luxury living, income potential, and energy efficiency. Situated on a spacious 8,040 sqft lot, the property features a fully remodeled main home and a brand-new ADU. The main residence offers 1,503 sqft of thoughtfully redesigned living space, complete with 4 bedrooms and 3 bathrooms, fullyremodeled with city permits. The largest bedroom with an exterior door that can be converted to a JADU for in-laws or simply for extra rental income. The newlybuilt ADU adds 1,200 sqft of additional living space, highlighted by soaring 10-foot ceilings, 4 bedrooms, and 3 bathrooms. Designed with comfort and style inmind, and high quality kitchen and bathroom finishes. With a combined total of 2,703 sqft, 8 bedrooms, and 6 bathrooms across both residences, this propertydelivers remarkable flexibility. Energy efficiency is another major advantage, with a fully paid solar system offering long-term savings. The large lot provides ampleparking and outdoor space for entertaining or relaxation. Conveniently located near shopping, dining, schools, and freeway access. This is a property you won’twant to miss. Termite fumigation was done in December 2024. ADU and main home are currently rented for $7,400, JADU is expected to rent for $1,850 once complete. Schedule your showing today!

A
Albert Luu
Listing Agent

Price History

Date
Event
Price
11/18/24
Sold
$920,000
09/30/24
Sold
$725,000
Condition Rating
Excellent
The property features a fully remodeled main home and a brand-new ADU, both showcasing new, high-quality finishes throughout. The kitchens are modern with new cabinets, quartz countertops, and stainless steel appliances (stove, dishwasher, microwave in ADU). Bathrooms are completely updated with contemporary tiling, vanities, and glass shower enclosures. New wood-look laminate flooring, recessed lighting, and mini-split AC units are present. A fully paid solar system adds to its modern efficiency. Despite the main home's original build year of 1952, the extensive and recent renovations (within 5 years, and ADU is brand new) bring all living components to current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential: The property offers significant rental income, with the main home and ADU currently generating $7,400, and an additional $1,850 projected from a potential JADU conversion, making it highly attractive for investors or multi-generational living.
Extensive Modernization & New Construction: The main residence is fully remodeled with city permits, and a brand-new ADU features high-quality finishes and 10-foot ceilings, ensuring a modern, move-in ready condition.
Superior Energy Efficiency: A fully paid solar system provides substantial long-term utility savings, appealing to environmentally conscious buyers and reducing operational costs.
Versatile & Spacious Living: With a combined 2,703 sqft, 8 bedrooms, and 6 bathrooms across multiple units, the property offers remarkable flexibility for large families, multi-generational households, or continued rental use.
Generous Lot Size & Outdoor Space: The spacious 8,040 sqft lot provides ample parking and significant outdoor space for entertaining, recreation, or potential future landscaping enhancements.

Cons

Age of Original Structure: Despite extensive remodeling, the main home's original construction year of 1952 means the underlying foundation and some infrastructure are older, which could lead to unforeseen maintenance issues over time.
Lack of Defined Subdivision/View: The 'Unknown' subdivision name and explicit 'None' view might detract from the property's perceived community prestige or aesthetic appeal for buyers prioritizing specific neighborhood identities or scenic outlooks.
Complexity of Multi-Unit Management: While offering high income, managing multiple rental units (main home, ADU, and potential JADU) requires significant landlord responsibilities, including tenant screening, maintenance, and potential conflict resolution.
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