12072 Bluebell, Garden Grove, California 92840, Garden Grove, 92840 - 4 bed, 3 bath
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12072 Bluebell
Garden Grove, California 92840
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,050Sq Ft
7,700Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$931,824
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $931,824 Fair Market Value by 3%. This valuation gap offers $32,824 in Instant Equity for buyers. Featuring a Fair Condition Rating and a versatile upstairs ADU/Studio Apartment, the home requires significant renovation but offers substantial rental income potential. Located in the Garden Grove Unified district, this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$931,824+$32,824 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 12072 Bluebell Subject | $899,000* List Price | 4 | 3 | 2,050 | $455 | - |
A 12131 Sungrove St Sold | $1,000,000 | 4 | 3 | 1,847 | $541 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1954 and marketed as a 'fixer upper' for the first time since 1955, the property likely retains original systems and finishes that require a full rehab; the exterior shows significant deferred maintenance consistent with a property needing major structural and cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The property features an upstairs ADU/Studio apartment with a separate entrance, offering a versatile opportunity for rental income or multi-generational living.
- Prime Location
Situated in a quiet, desirable neighborhood near Disneyland, shopping, and dining, the home boasts a high-demand location for both residents and investors.
- Spacious Lot and Layout
With 2,050 square feet of living space on a generous 7,700 square foot lot, the property provides a substantial footprint for renovation and outdoor expansion.
CONSRISKS & DEFICIENCIES
- Fixer-Upper Condition
The property is explicitly marketed as a fixer-upper, requiring significant capital investment for repairs and modernization to meet current market standards.
- Dated Infrastructure
Having been off the market since 1955, the home likely contains original systems and finishes that may necessitate costly upgrades to plumbing, electrical, and HVAC.
About 12072 Bluebell
Opportunity Knocks...fixer upper situated in a lovely, quiet neighborhood! First time on market since 1955. Main house has 4 bedrooms, 2 baths, and a spacious family room. PLUS upstairs ADU/Studio Apartment with separate entrance. Desirable location, close to Disneyland, shopping, restaurants and more. CASH OFFERS ONLY.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 7,700 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 4.0 | 3.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,050 | 1,574.458 |
| Lot Size | 7,700 | 7,206.15 |
| Price | $899.0K | $1.09M |
| Price per sq ft | $439 | $723 |
| Built year | 1954 | 1957 |
| HOA | $0 | $227 |
| Days on market | 12 | 43 |
Pricing History
Listed for Sale
Aug 28, 2026
$899,000
Initial Listing