12061 Nutwood, Garden Grove, California 92840, Garden Grove, 92840 - 3 bed, 2 bath

12061 Nutwood
Garden Grove, California 92840
Property Price
SUMMARY
Analysis of 12061 Nutwood, Garden Grove, California 92840 reveals a property with a current list price of $949,777, which is 7% above the estimated $879,587 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Garden Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12061 Nutwood Subject | $949,777* List Price | 3 | 2 | 1,394 | $631 | - |
A 12231 Movius Drive Sold | $850,000 | 3 | 2 | 1,182 | $719 | 0.3 mi |
B 10961 Patricia Drive Sold | $995,000 | 3 | 2 | 1,531 | $650 | 0.6 mi |
C 10131 10131 Brookside Sold | $850,000 | 3 | 2 | 1,519 | $560 | 0.9 mi |
D 11402 Baggett Sold | $890,000 | 3 | 2 | 1,098 | $811 | 0.7 mi |
E 11762 Gary Street Sold | $880,000 | 3 | 2 | 1,050 | $838 | 0.3 mi |
F 12256 Lesley Street Pending | $999,000 List Price | 3 | 2 | 1,500 | $666 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is marketed as a 'value-add opportunity' for flippers, requiring a substantial renovation budget of approximately $65,000 for the kitchen, bathrooms, flooring, and appliances. Although high-ticket infrastructure items like the roof, electrical panel, and plumbing have been updated, the interior living spaces are severely outdated and require a complete rehabilitation to meet modern standards, aligning with the criteria for substantial repairs.
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 = 7201, living area = 1394.
- Major Infrastructure Upgrades
The property features significant high-ticket updates including replacement vinyl windows, an updated electrical panel with new wiring, copper re-piping, a newer furnace, and a re-sheeted roof, minimizing the risk of hidden structural costs.
- High Value-Add Potential
With original oak hardwood floors preserved under the carpet and a significant gap between the list price and the $1.15M-$1.2M ARV, this home offers a lucrative opportunity for equity growth through cosmetic renovation.
CONSRISKS & DEFICIENCIES
- Extensive Cosmetic Renovation Required
The interior, specifically the kitchen and bathrooms, requires a complete overhaul to meet modern standards, making it unsuitable for buyers looking for a move-in-ready home.
- Lack of Central Cooling
Although the heating system is updated, the property lacks a central air conditioning system, which is a significant drawback for comfort and resale value in the Southern California climate.
About 12061 Nutwood
INVESTORS, FLIPPERS AND BUYERS SEEKING A VALUE-ADD OPPORTUNITY!!! THIS HOUSE IS FOR YOU! 3BR 2BA with FAMILY ROOM and HUGE YARD! If you are seeking a house to renovate, this is a great candidate as most of the expensive items have already been updated, including: Replacement vinyl windows, Updated Electric Panel and most or all wiring, updated switches and outlets, evidence of copper re-pipe in bathrooms and kitchen, Central heating system with newer furnace installed, water heater, garage door and opener, roof has been re-sheeted and asphalt shingles appear to be serviceable. Front and rear lawns are in good condition with updated automated irrigation in front and rear. This home has a master suite with attached bath, two additional bedrooms with a shared bath. Original oak hardwood floors appear to be preserved under the existing carpet throughout the house. Save yourself time and review all the photos that show the items updated. There is a family room off the kitchen. Two fireplaces. Huge rear yard with room to add on, build an ADU, pool or backyard oasis. Based on nearby, newly remodeled properties currently for sale or recently sold, ARV (After Renovation Value) shows approximately $1,150,000 to $1,200,000. With most of the expensive items already done on this house, a renovation budget of $65,000 is realistic (Paint, Flooring, kitchen, baths, fixtures, appliances). This is an attractive opportunity with good profit potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 7,201 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,394 | 1,531 | 34% |
| Lot Size | 7,201 | 7,275 | 28% |
| Price | $949.8K | $1.04M | 33% |
| Price per sq ft | $681 | $643 | 55% |
| Built year | 1956 | 1955 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 166 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$949,777
Initial Listing

















































