11662 Stephanie Lane, Garden Grove, California 92840, Garden Grove, 92840 - 5 bed, 4 bath
11662 Stephanie Lane
Garden Grove, California 92840
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11662 Stephanie Lane Subject | $1,398,000* List Price | 5 | 4 | 2,024 | $646 | - |
A 11081 Iris Drive Sold | $1,460,000 | 6 | 4 | 2,080 | $702 | 0.9 mi |
B 11881 Old Fashion Way Sold | $1,270,000 | 4 | 4 | 2,237 | $568 | 0.3 mi |
C 11821 Easy Way Sold | $1,135,000 | 4 | 3 | 1,560 | $728 | 0.2 mi |
D 10072 Roselee Drive Sold | $1,230,000 | 3 | 3 | 2,024 | $608 | 0.4 mi |
E 10882 Poindexter Active | $1,199,000 List Price | 5 | 4 | 2,174 | $552 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property features a brand-new detached ADU completed in 2022 and a fully remodeled main residence. Both units are in turnkey condition with modern finishes including quartz countertops, premium cabinetry, laminate flooring, and updated systems such as central A/C, tankless water heaters, and paid-off solar panels, meeting the criteria for recent extensive renovation and new construction.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Yield
The property generates a substantial $6,995 in total monthly rental income from two separate units, offering an exceptional opportunity for investors or owner-occupants looking to offset their mortgage.
- Modernized & Turnkey Condition
Featuring a fully remodeled main house and a brand-new 2022 ADU with premium finishes, quartz counters, and paid-off solar, the property is in move-in condition with low immediate maintenance requirements.
- Separate Utility Metering
Both units are equipped with individual meters for water, gas, and electricity, significantly simplifying property management and ensuring tenants are responsible for their own utility consumption.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2024, other record living area = 1221. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Limited Private Outdoor Space
With two full residences occupying a 7,200-square-foot lot, the available yard space is divided, which may limit privacy and outdoor recreational options for larger families.
- Vintage Infrastructure
While the interiors are updated, the primary residence was originally built in 1955, which may eventually require maintenance on aging structural or mainline plumbing components not addressed in the remodel.
About 11662 Stephanie Lane
Incredible Opportunities to own 2 units on 1 lot in the heart of Garden Grove, priced at $694,500 per unit. This exceptional Property features a beautiful single-family residence and New detached ADU, making it ideal for investors, 1031 exchange buyers, or owner-occupants seeking strong rental income. Unit 1-Remodel Single Family Residence, spacious 3-bedroom, 2-bathtoom with approximately 1224 SF, offers open-concept layout, laminate floors, updated kitchen, walk-in closet, gas fireplace, central A/C, Washer & Dryer Hookup and attached 02 garage, Current Rent: $3995/Month Unit 2: New Detached ADU (Completed in 2022) – Modern 2 bedroom, 2-bath residence offering approximately 800 SF, with quartz counters, premium cabinets, double-pane windows, tankless water heater, central heat & A/C, and paid-off solar, washer and dryer hookup, Parking spaces available. Current Rent: $3,000/month. Total Rental Income: $6,995/month Both units have separate water, gas and electricity meters, with tenants paying for all utilities. With extensive renovations and new construction, this is a low-maintenance investment built for long-term ownership. Located in a prime Garden Grove neighborhood near schools, shopping, dining, and convenient freeway access, this is a rare opportunity to own two turnkey homes on one lot with excellent income potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 2,024 | 1,550 | 82% |
| Lot Size | 7,200 | 7,275 | 28% |
| Price | $1.40M | $1.04M | 93% |
| Price per sq ft | $691 | $643 | 60% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 166 | 1% |
Pricing History
Listed for Sale
Feb 22, 2026
$1,398,000
Initial Listing
Sold
Jan 14, 2021
$740,000
Public Record
Sold
Dec 12, 2014
$502,500
Public Record
Sold
Aug 7, 2014
$420,000
Public Record