
Garden Grove, California 92840
This Modernized Multi-Unit Compound is a High-Potential Investment Opportunity listed at $1,199,000. Although the price exceeds the $1,095,094 Fair Market Value, the premium accounts for the permitted ADU and SB9 project currently under construction, which will expand the living area to ~2,845 sqft. Featuring a Condition Rating of 2, the interior offers a remodeled quartz kitchen and new flooring. Situated near Disneyland in the Garden Grove Unified School District, this is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12081 Bangor Street Subject | $1,199,000* List Price | 3 | 3 | 1,246 | $879 | - |
A 12652 Laux Avenue Sold | $963,000 | 3 | 2 | 1,041 | $925 | 0.5 mi |
B 12414 Fallingleaf Street Sold | $1,110,000 | 4 | 2 | 1,340 | $828 | 0.4 mi |
C 11662 Puryear Lane Sold | $990,000 | 3 | 2 | 1,240 | $798 | 0.6 mi |
D 11862 Jacalene Lane Sold | $872,000 | 3 | 1 | 963 | $906 | 0.9 mi |
E 12131 Bangor Pending | $949,000 List Price | 3 | 3 | 1,246 | $762 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone an extensive recent renovation within the last 5 years. It features a fully remodeled kitchen with quartz countertops and brand-new stainless steel appliances, updated bathrooms with modern vanities and designer finishes, new flooring, and fresh interior paint throughout, meeting current quality standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7210, living area = 1246.
The property includes a permitted ADU under construction and separate meters for electricity, gas, and water for three units, making it an ideal setup for high-yield rental income or multi-generational living.
Situated on a quiet cul-de-sac just one mile from Disneyland, Great Wolf Lodge, and The Outlets at Orange, the property offers exceptional convenience and high desirability for both long-term residents and short-term guests.
Because the ADU and SB9 projects are currently under construction, the buyer will need to manage ongoing work and potential completion timelines before the full 2,845 sqft of living space is realized.
The list price reflects the future value of the completed units, which creates a high entry cost relative to the currently finished 1,246 sqft of living area.
Everything is permitted and AUD is under construction. Separate electricity, gas, water meters for all 3 units. Total ~ 2,845sqft living after building bcompletetion! Located on a peaceful cul-de-sac, this beautifully updated single-level 3-bedroom, 2.5-bathroom home offers 1,246sqft of stylish living space on a generous 7,210 sqft lot—just about one mile from Disneyland, Great Wolf Lodge Water Park, and The Outlets at Orange, Target, supermarket, schools and more. Enjoy a fully remodeled kitchen featuring quartz countertops, tile backsplash, recessed lighting, and brand-new stainless steel appliances. The open-concept living space is warm and inviting with a remodeled fireplace, perfect for cozy evenings. Throughout the home, you’ll find new flooring, fresh interior paint, and tastefully updated bathrooms with modern vanities and designer finishes. No HOA, no Mello-Roos. ADU is permitted and is under construction. SB9 will be done next.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,246 | 1,495.5 | 27% |
| Lot Size | 7,210 | 7,252.5 | 41% |
| Price | $1.20M | $1.03M | 84% |
| Price per sq ft | $962 | $665 | 98% |
| Built year | 1955 | 1956 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 178 | 2% |
Mar 21, 2026
$1,199,000
Initial Listing
Apr 14, 2023
$935,000
Public Record
May 27, 2021
$550,000
Public Record