11812 Banner, Garden Grove, California 92843, Garden Grove, 92843 - 7 bed, 4 bath
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11812 Banner
Garden Grove, California 92843
ACTIVE
CONDITION: EXCELLENT
7Beds
4Baths
2,073Sq Ft
8,400Lot Size
Property Price
LIST PRICE$1,385,000
EST. MARKET VALUE
$1,244,839
11% AboveMARKET VALUE
SUMMARY
This Dual-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $1,385,000—positioned above the $1,244,839 Fair Market Value. While priced above current estimates, the property features a Condition Rating of 2, boasting high-end renovations, central HVAC, and a paid-off solar system. The unique configuration of a 4BR/2BA main home and a 3BR/2BA ADU provides exceptional rental yield potential or multi-generational flexibility. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through immediate rental income.
Estimated Market Value
$1,244,839
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 |
|---|---|---|---|---|---|---|
★ 11812 Banner Subject | $1,385,000* List Price | 7 | 4 | 2,073 | $601 | - |
A 11222 Anabel Avenue Sold | $1,200,000 | 6 | 5 | 2,200 | $545 | 0.7 mi |
B 11322 Salinaz Avenue Active Under Contract | $1,369,999 List Price | 5 | 4 | 1,988 | $689 | 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 originally built in 1955, the property has undergone a high-end renovation within the last 5 years. The kitchen features modern shaker cabinets, stone countertops, and stainless steel appliances. Systems are updated with central HVAC, a tankless water heater, and a newer ADU with paid-off solar, making it move-in ready with no immediate maintenance needed.
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 = 8400, living area = 2073.
- Dual-Unit Configuration
The property features two distinct homes on a single lot (4BR/2BA and 3BR/2BA), providing exceptional flexibility for high rental yield or multi-generational living.
- Energy Efficiency
The fully independent ADU comes equipped with paid-off solar panels, offering significant long-term utility savings and increasing the property's overall value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2073, other record living area = 1173. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
- High Density Layout
With 7 bedrooms and 4 bathrooms distributed across only 2,073 square feet, the individual living spaces and bedrooms may feel cramped or undersized.
- Lack of Scenic Appeal
The property offers no significant views, which may be a drawback for buyers prioritizing aesthetic surroundings or premium vistas at this price point.
About 11812 Banner
TWO HOMES • ONE LOT • GREAT INVESTMENT OPPORTUNITY! Rare Garden Grove opportunity featuring a 4-bedroom, 2-bath main home PLUS a 3-bedroom, 2-bath ADU with its own separate address. Perfect for multi-generational living, rental income, or a combination of both! The main home offers a spacious living room, dining area, kitchen, and central A/C and heating. The fully independent ADU features its own entrance, kitchen, and laundry hookups. Paid-off solar on ADU. Conveniently located near shopping, restaurants, public transportation, banks, Disneyland, and the 22 Freeway. Live in one, rent the other, and enjoy the flexibility this exceptional property offers! Don't miss it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 8,400 Sq. Ft.
Interior
- Total Bedrooms
- 7
- 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 |
|---|---|---|
| Beds | 7.0 | 3.6 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,073 | 1,574.458 |
| Lot Size | 8,400 | 7,206.15 |
| Price | $1.39M | $1.09M |
| Price per sq ft | $668 | $723 |
| Built year | 1955 | 1957 |
| HOA | $0 | $227 |
| Days on market | 6 | 43 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,385,000
Initial Listing
Sold
May 5, 2025
$1,280,000
Public Record
Sold
May 6, 2015
$495,000
Public Record
Sold
Oct 7, 2014
$400,000
Public Record