11192 Biscayne Court, Garden Grove, California 92841, Garden Grove, 92841 - 4 bed, 2 bath
ACTIVE$1,250,000$1,400/sqft
Est. Value: $1,064,552
-14%
AboveEstimate
11192 Biscayne Court, Garden Grove, California 92841
4Beds
2Baths
1,400Sqft
10,658Lot
Price Vs. Estimate
The estimated value ($1,064,552.14) is $185,447.86 (14%) lower than the list price ($1,250,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 10658, living area = 1400.
Top Cons:
Property Age: Built in 1955, the property's age, despite upgrades, may imply older infrastructure and potential for future maintenance needs compared to newer constructions.
Compared to the nearby listings
Price:$1.25M vs avg $1.07M (+$175,000)89%
Size:1,400 sqft vs avg 1,504.5 sqft23%
Price/sqft:$893 vs avg $66789%
More Insights
Built in 1955 (71 years old).
Condition: The property was built in 1955, making it over 60 years old. While the listing mentions 'upgraded living space' and 'modern comfort,' there are no interior images or specific details regarding the age or extent of these renovations, particularly for the kitchen and bathrooms. The exterior image shows a well-maintained but not recently modernized facade. Without concrete evidence of recent, extensive renovations (within the last 5-15 years) to key areas, especially the kitchen and bathrooms, the property likely falls into the 'fair' category, suggesting it's aged but maintained, with major components functional but potentially showing signs of being outdated or requiring minor updates.
Year Built
1955
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$893
HOA
-
Days on market
-
Sold On
-
MLS number
PW25280348
Home ConditionFair
Features
View-
About this home
Welcome to a no-HOA, single-level home with an oversized 10,656 sq ft corner lot. There is potential for expansion or the opportunity to build an ADU with its own private entrance and address. 11192 Biscayne is located in the heart of Little Saigon, on Brookhurst Street (Pass Orangewood but before Katella). This beautiful 4-bedroom, 2-bath home offers 1,400 sq ft of upgraded living space. With no pool, it is an excellent asset for an investor. The home features a reliable month-to-month tenant who has lived here for years. Experience the best of Garden Grove living: modern comfort, a convenient location, and built-in flexibility—all in one property!
F
Frank Huynh
Listing Agent
Price History
Date
Event
Price
04/23/96
Sold
$148,000
10/13/22
Sold
$920,000
11/05/19
Sold
$700,000
02/03/17
Sold
$640,000
08/01/16
Sold
$515,000
Condition Rating
Fair
The property was built in 1955, making it over 60 years old. While the listing mentions 'upgraded living space' and 'modern comfort,' there are no interior images or specific details regarding the age or extent of these renovations, particularly for the kitchen and bathrooms. The exterior image shows a well-maintained but not recently modernized facade. Without concrete evidence of recent, extensive renovations (within the last 5-15 years) to key areas, especially the kitchen and bathrooms, the property likely falls into the 'fair' category, suggesting it's aged but maintained, with major components functional but potentially showing signs of being outdated or requiring minor updates.
Pros & Cons
Pros
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 = 10658, living area = 1400.
Large Corner Lot & ADU Potential: The oversized 10,656 sq ft corner lot offers significant potential for expansion or the addition of an Accessory Dwelling Unit (ADU) with its own private entrance and address, enhancing future value.
No HOA & Single-Level Design: This single-level home benefits from no Homeowners Association (HOA) fees, providing cost savings and greater flexibility for the owner.
Prime Location: Strategically located in the heart of Little Saigon on Brookhurst Street, offering convenient access to cultural amenities, dining, and shopping.
Investor-Ready with Income: An excellent asset for investors, featuring a reliable, long-term month-to-month tenant, providing immediate rental income upon purchase.
Upgraded Living Space: The 1,400 sq ft home boasts upgraded living space, offering modern comfort and move-in readiness for prospective buyers.
Cons
Property Age: Built in 1955, the property's age, despite upgrades, may imply older infrastructure and potential for future maintenance needs compared to newer constructions.
Month-to-Month Tenancy: While providing income, the month-to-month tenancy offers less stability for investors seeking long-term lease agreements and can complicate immediate owner-occupancy plans.
Proximity to Busy Street: Located on Brookhurst Street, the property may experience increased traffic noise and activity, which could impact residential tranquility.