12201 Bluebell Ave, Garden Grove, California 92840, Garden Grove, 92840 - 4 bed, 2 bath
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12201 Bluebell Ave
Garden Grove, California 92840
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,330Sq Ft
7,507Lot Size
Property Price
LIST PRICE$965,000
EST. MARKET VALUE
$978,691
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $965,000—positioned well below the $978,692 Fair Market Value by 1.4%. This valuation gap offers $13,692 in Instant Equity. Featuring a 4-bedroom layout and a permitted enclosed patio, the home sits on a generous 7,507 sqft lot with established fruit trees. While the Condition Rating of 4 indicates a need for modernization, the property offers significant upside for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Garden Grove.
Estimated Market Value
$978,691
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 |
|---|---|---|---|---|---|---|
★ 12201 Bluebell Ave Subject 4 bd · 2 ba · 1,330 sqft · $736 | $965,000* List Price | 4 | 2 | 1,330 | $736 | - |
A 11942 Ricky Sold 3 bd · 2 ba · 1,251 sqft · $779 · 0.3 mi | $975,000 | 3 | 2 | 1,251 | $779 | 0.3 mi |
B 11411 Robert Sold 3 bd · 2 ba · 1,131 sqft · $796 · 0.4 mi | $900,000 | 3 | 2 | 1,131 | $796 | 0.4 mi |
C 11891 Waverly Drive Sold 3 bd · 2 ba · 1,299 sqft · $808 · 0.9 mi | $1,050,000 | 3 | 2 | 1,299 | $808 | 0.9 mi |
D 12071 Reva Sold 3 bd · 3 ba · 1,773 sqft · $646 · 0.3 mi | $1,145,000 | 3 | 3 | 1,773 | $646 | 0.3 mi |
E 12062 Norma Sold 3 bd · 2 ba · 1,211 sqft · $846 · 0.8 mi | $1,025,000 | 3 | 2 | 1,211 | $846 | 0.8 mi |
F 11931 Waverly Sold 3 bd · 2 ba · 1,469 sqft · $681 · 0.9 mi | $1,000,000 | 3 | 2 | 1,469 | $681 | 0.9 mi |
G 12292 Bluebell Active 5 bd · 3 ba · 1,830 sqft · $656 · 0.1 mi | $1,199,888 List Price | 5 | 3 | 1,830 | $656 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1954 (70 years old) and lacks mention of recent interior renovations to the kitchen, bathrooms, or major systems like HVAC and electric. While the exterior paint is newer and there is a permitted patio addition, the age and lack of modern updates suggest the interior is dated and requires minor repairs or modernization to meet current market standards.
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 = 7507, living area = 1330.
- Permitted Living Space
The property includes an enclosed patio addition completed with permits, providing valuable and legally recognized square footage that enhances the home's functional layout.
- Generous Lot and Landscaping
Situated on a 7,507 sqft lot, the property features a large front yard and a backyard enriched with established Asian fruit trees, offering significant outdoor appeal and utility.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Restrictions
The property is currently occupied by tenants with instructions not to disturb, which may limit showing availability and complicate immediate possession for owner-users.
- Vintage Infrastructure
Built in 1954, the home may require modernization of its original systems and interior finishes to meet contemporary energy efficiency and aesthetic standards.
About 12201 Bluebell Ave
Welcome to this cozy 4-bedroom, 2-bathroom. Enclosed patio addition with permits, well connected location in Garden grove. large front yard, back yard had a lot of Asian fruit trees. Driveway had plenty of space. New exterior paint within few years. Please DO NOT DISTURB THE TENANT.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 7,507 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,330 | 1,593.338 |
| Lot Size | 7,507 | 7,204.538 |
| Price | $965.0K | $1.09M |
| Price per sq ft | $726 | $713 |
| Built year | 1954 | 1957 |
| HOA | $0 | $209 |
| Days on market | 11 | 44 |
Pricing History
Listed for Sale
Oct 14, 2026
$965,000
Initial Listing
Sold
Jul 6, 2012
$360,000
Public Record