11762 Gary Street, Garden Grove, California 92840, Garden Grove, 92840 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$950,000
11762 Gary Street, Garden Grove, California 92840
3Beds
2Baths
1,050Sqft
7,217Lot
Year Built
1954
Close
-
List price
$950K
Original List price
$949K
Price/Sqft
$905
HOA
-
Days on market
-
Sold On
-
MLS number
PW25231976
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,6 Pros. Rank: price - $950.0K(27th), sqft - 1050(7th), beds - 3(50th), baths - 2(50th).
Perfect opportunity for investors or end buyer in a quiet neighborhood. HUGE lot ready for you to add an ADU.
Price History
Date
Event
Price
11/22/25
Price Change
$950,000+1.2%
10/19/25
Price Change
$939,000-1.1%
10/03/25
Listing
$949,000
Condition Rating
Poor
Built in 1954, this property is 70 years old and shows no evidence of significant renovations in many decades. The kitchen features original-style wood cabinets, dated laminate countertops, and severely worn linoleum flooring. The bathroom is equally outdated with an old vanity, fixtures, and matching worn linoleum. Carpets throughout the living areas are heavily matted and discolored, requiring immediate replacement. While the structure appears intact, the interior finishes, fixtures, and likely major systems are well past their expected lifespan, necessitating substantial repairs and rehabilitation to meet modern standards and comfort.
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 = 7217, living area = 1050.
ADU Potential & Large Lot: The property boasts a 'HUGE lot' (7,217 sqft) explicitly noted as ready for an Accessory Dwelling Unit (ADU), offering significant value-add potential for rental income or extended family living.
Broad Market Appeal: Described as a 'Perfect opportunity for investors or end buyer,' indicating versatility and appeal to a wide range of prospective purchasers.
Quiet Neighborhood: Located in a 'quiet neighborhood,' which is a highly desirable characteristic for many homeowners seeking a peaceful living environment.
Desirable Location: Situated in Garden Grove, California, a well-established city in Orange County known for its community amenities and convenient access to regional attractions.
Market Demand: The property is currently 'Active Under Contract,' demonstrating strong buyer interest and market desirability.
Cons
Significant Overpricing: The current listing price of $950,000 is approximately 13% higher than the estimated property value of $828,605, potentially making it less competitive in the market.
Age of Property: Built in 1954, the home is 70 years old, suggesting that it may require substantial updates to systems, finishes, and overall infrastructure to meet modern standards and buyer expectations.
Compact Interior Space: With 1050 sqft for 3 bedrooms and 2 bathrooms, the interior living space is relatively small, which might be a drawback for buyers seeking more expansive living areas.