
Garden Grove, California 92840
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned slightly above the $931,147 Fair Market Value. While the home carries a Fair Condition Rating due to original 1954 finishes, its 7,217 sqft lot and Detached Accessory Structure provide significant value-add potential for an ADU conversion. The property offers a functional layout and exceptional outdoor living space, making it a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to personalize a home in a premier Garden Grove neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11812 Gary Subject | $950,000* List Price | 3 | 1 | 1,149 | $790 | - |
A 11632 Faye Sold | $1,050,000 | 3 | 2 | 1,221 | $860 | 0.2 mi |
B 11921 Medina Drive Sold | $1,050,000 | 3 | 2 | 1,324 | $793 | 0.2 mi |
C 11701 Faye Sold | $1,060,000 | 3 | 2 | 1,221 | $868 | 0.2 mi |
D 11891 Waverly Drive Sold | $1,050,000 | 3 | 2 | 1,299 | $808 | 0.8 mi |
E 10072 Dewey Dr Sold | $820,000 | 2 | 2 | 1,394 | $588 | 0.8 mi |
F 12061 Nutwood Sold | $985,000 | 3 | 2 | 1,394 | $707 | 0.3 mi |
G 10651 Alderson Sold | $1,000,000 | 3 | 2 | 1,297 | $771 | 0.7 mi |
H 10192 Aldgate Sold | $989,000 | 4 | 2 | 1,360 | $727 | 0.8 mi |
I 11932 Steele Pending | $830,000 List Price | 3 | 2 | 1,170 | $709 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property features original interior finishes that are significantly dated (>20 years) and require updating. While the home is well-maintained with a recently upgraded electrical panel and new exterior hardscaping, the kitchen and bathroom are original to the 70-year-old structure, placing it in the Fair category as a functional but dated residence.
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 = 1149.
The property features a professionally landscaped backyard designed for entertaining, complete with a custom built-in BBQ, mini refrigerator, and new concrete hardscape.
A detached accessory structure with its own electrical subpanel and expansive attic offers a versatile space for a home office, studio, or potential ADU conversion.
The home retains its original 1954 finishes and requires cosmetic updates and modernization to meet current market standards.
With three bedrooms but only one bathroom, the layout may be restrictive for larger families or buyers seeking modern convenience at this price point.
Nestled in one of Orange County's most desirable neighborhoods, this bright and spacious single-story home offers exceptional indoor-outdoor living on a beautifully landscaped lot. The thoughtfully designed backyard is an entertainer's dream, featuring lush mature landscaping, a custom built-in BBQ with generous counter space, a mini refrigerator, new concrete hardscape, and a newly installed perimeter fence. A detached accessory unit in back, 10x20, provides exciting possibilities for a future studio, workshop, home office, or potential ADU conversion (buyer to verify). The structure is equipped with its own electrical subpanel ( main house electric panel upgraded ), and includes an expansive attic space, offering additional flexibility for a variety of uses. Inside, the home's functional floor plan creates a seamless flow from the kitchen and dining area to the backyard, making it ideal for hosting family and friends. Filled with natural light and generously proportioned living spaces, the home has been well cared for and retains much of its original character. This property presents an outstanding opportunity for buyers looking to personalize a home in a premier location. While the interior reflects its original finishes and will benefit from updating, its solid layout, exceptional lot, and outstanding outdoor amenities provide the perfect canvas to create a truly spectacular residence. Conveniently located near top-rated schools, shopping, dining, parks, and major commuter routes, this is a rare opportunity to invest in one of Orange County's most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,149 | 1,574.458 |
| Lot Size | 7,217 | 7,206.15 |
| Price | $950.0K | $1.09M |
| Price per sq ft | $827 | $723 |
| Built year | 1954 | 1957 |
| HOA | $0 | $227 |
| Days on market | 38 | 43 |
Aug 2, 2026
$950,000
Initial Listing
Nov 20, 2012
$370,000
Public Record
Nov 6, 2000
$198,500
Public Record
Mar 20, 1998
$157,000
Public Record