11111 Iris, Garden Grove, California 92840, Garden Grove, 92840 - 3 bed, 1 bath
Loading property details...
11111 Iris
Garden Grove, California 92840
ACTIVE
CONDITION: EXCELLENT
3Beds
1Baths
1,020Sq Ft
7,735Lot Size
Property Price
LIST PRICE$999,900
EST. MARKET VALUE
$976,871
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,099,000. While currently priced above the $1,013,343 Fair Market Value, the property offers significant long-term potential due to its 7,735 sqft lot and ADU development potential. Featuring a Mint Condition Rating with modern kitchen renovations and central air, the home provides immediate lifestyle comfort within the Garden Grove Unified School District. Its prime location near the 22 Freeway and local retail hubs makes this an ideal acquisition for Owner-Occupants or Long-Term Investors seeking a high-quality, versatile asset.
Estimated Market Value
$976,871
Based on Realkey algorithm analyzing recent comparable sales in Garden Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11111 Iris Subject 3 bd · 1 ba · 1,020 sqft · $958 | $999,900* List Price | 3 | 1 | 1,020 | $958 | - |
A 12321 Epsilon Street Sold 3 bd · 2 ba · 1,131 sqft · $881 · 0.5 mi | $996,000 | 3 | 2 | 1,131 | $881 | 0.5 mi |
B 11891 Waverly Drive Sold 3 bd · 2 ba · 1,299 sqft · $808 · 0.6 mi | $1,050,000 | 3 | 2 | 1,299 | $808 | 0.6 mi |
C 11621 Chester Sold 2 bd · 1 ba · 1,073 sqft · $792 · 0.5 mi | $850,000 | 2 | 1 | 1,073 | $792 | 0.5 mi |
D 11441 Stanford Sold 3 bd · 2 ba · 1,127 sqft · $843 · 0.5 mi | $950,000 | 3 | 2 | 1,127 | $843 | 0.5 mi |
E 11701 Faye Sold 3 bd · 2 ba · 1,221 sqft · $868 · 1.0 mi | $1,060,000 | 3 | 2 | 1,221 | $868 | 1.0 mi |
F 12062 Norma Sold 3 bd · 2 ba · 1,211 sqft · $846 · 0.6 mi | $1,025,000 | 3 | 2 | 1,211 | $846 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1949, the interior shows a high-quality renovation within the last 5 years, featuring a modern kitchen with two-tone cabinetry, stainless steel appliances, recessed lighting, and updated flooring. The addition of central air conditioning indicates modernized systems, making it move-in ready in mint condition.
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 = 7735, living area = 1020.
- Development Potential
The expansive 7,735 sqft lot features a separate side walkway, providing an ideal footprint and convenient access for a potential ADU or property expansion.
- Modern Comforts
Equipped with central air conditioning and a large covered patio, the home offers immediate climate-controlled comfort and functional outdoor entertaining space.
CONSRISKS & DEFICIENCIES
- High Price per Square Foot
With a listing price of $1.099M for 1,020 square feet of living space, the property commands a significant premium relative to its interior size.
- Vintage Infrastructure
Built in 1949, the home may require updates to its original systems or layout to meet the expectations of modern buyers at this price point.
About 11111 Iris
Welcome to 11111 Iris Drive, a charming 3-bedroom, 2-bathroom home in the heart of Garden Grove. Featuring central air conditioning and a covered patio, this home offers comfortable living with inviting space for outdoor dining and entertaining. The large lot provides room to enjoy today and potential to build an ADU, subject to city approval. A separate side walkway offers convenient backyard access, while the spacious driveway provides ample parking. Located within the Garden Grove Unified School District and near Garden Grove High School, the home is close to Historic Main Street, local restaurants, parks, Costco, and Home Depot. Convenient access to the 22 Freeway adds to the appeal of this central location. A wonderful opportunity to enjoy comfort, convenience, and future possibilities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 7,735 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,020 | 1,593.338 |
| Lot Size | 7,735 | 7,204.538 |
| Price | $999.9K | $1.09M |
| Price per sq ft | $980 | $713 |
| Built year | 1949 | 1957 |
| HOA | $0 | $209 |
| Days on market | 24 | 44 |
Pricing History
Listed for Sale
Oct 21, 2026
$999,900
$1,099,000
-9% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$1,099,000
Initial Listing
Sold
Dec 13, 2022
$801,000
Public Record
Sold
Aug 1, 2022
$630,000
Public Record
Sold
Aug 1, 2022
$600,000
Public Record