11571 Palmwood Dr., Garden Grove, California 92840, Garden Grove, 92840 - 4 bed, 2 bath
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11571 Palmwood Dr.
Garden Grove, California 92840
ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
2Baths
1,699Sq Ft
7,725Lot Size
Property Price
LIST PRICE$900,000
EST. MARKET VALUE
$909,405
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $900,000—positioned well below the $909,405 Fair Market Value by 1%. This valuation gap offers $9,405 in Instant Equity for buyers willing to complete the unfinished primary suite. Featuring a Condition Rating of 5, the home includes upgraded copper plumbing and a 10-year-old roof. With a spacious 7,725 sqft lot and versatile bonus room, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build value through renovation.
Estimated Market Value
$909,405
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 |
|---|---|---|---|---|---|---|
★ 11571 Palmwood Dr. Subject | $900,000* List Price | 4 | 2 | 1,699 | $535 | - |
A 10102 Parliament Sold | $955,000 | 5 | 2 | 2,000 | $478 | 0.5 mi |
B 10281 Malinda Lane Sold | $1,000,000 | 4 | 2 | 1,718 | $582 | 0.9 mi |
C 12162 Brookhaven Sold | $900,000 | 4 | 2 | 1,772 | $508 | 0.7 mi |
D 10172 Edgewood Lane Sold | $1,160,000 | 3 | 3 | 1,890 | $614 | 0.4 mi |
E 12041 Faye Pending | $1,050,000 List Price | 3 | 2 | 1,743 | $602 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1958, the property requires significant rehab as the primary bathroom is currently gutted and unfinished. While the roof (10y) and plumbing (copper) have been updated, the interior features dated parquet flooring and requires substantial work to be move-in ready.
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 = 7725, living area = 1871.
- Spacious Layout & Versatility
With four bedrooms plus an additional bonus room and over 1,800 square feet of living space, this single-story home offers exceptional flexibility for large families or home office needs.
- Key Infrastructure Upgrades
The property features significant mechanical and structural updates, including upgraded copper plumbing and a roof that is only 10 years old, reducing immediate capital expenditure for the buyer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1871, other record living area = 1371.
- Unfinished Primary Suite
The primary bathroom is currently gutted and requires a complete build-out, which may pose a challenge for buyers seeking a fully functional, move-in-ready residence.
- Deferred Cosmetic Maintenance
The home requires fresh paint and various finishing touches throughout, indicating that additional investment and labor are necessary to modernize the aesthetic and reach full market value.
About 11571 Palmwood Dr.
Welcome to this single story Garden Grove home offering four spacious bedrooms, two bathrooms, plus an additional bonus room. Filled with natural light, the home features a generous primary bedroom with ample closet space and a private bathroom that has already been gutted and is ready for you to design and finish to your own taste. The homes pipes have been upgraded to copper plumbing and the ROOF is only 10 Years old. The expanded kitchen offers an impressive amount of counter and cabinet space. Just off the kitchen, the oversized dining area has plenty of room for a large table perfect for hosting family gatherings, holidays, and special occasions. All four bedrooms are comfortably sized, with the bonus room offering additional possibilities for a home office, guest room, hobby space, or whatever best suits your needs. Step outside to a backyard with a covered patio and a storage shed that could also make a great workshop. With some fresh paint, finishing touches, and your own personal style, this home offers a wonderful opportunity to create a space that truly feels like your own. Bring your vision and make this Garden Grove home yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 7,725 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,699 | 1,574.458 |
| Lot Size | 7,725 | 7,206.15 |
| Price | $900.0K | $1.09M |
| Price per sq ft | $530 | $723 |
| Built year | 1958 | 1957 |
| HOA | $0 | $227 |
| Days on market | 17 | 43 |
Pricing History
Listed for Sale
Aug 23, 2026
$900,000
Initial Listing