12231 Bluebell, Garden Grove, California 92840, Garden Grove, 92840 - 5 bed, 3 bath
12231 Bluebell
Garden Grove, California 92840
Property Price
SUMMARY
Analysis of 12231 Bluebell, Garden Grove, California 92840 is currently available with a list price of $1,999,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1957, has undergone renovations, particularly evident in the modern kitchen and bathrooms with updated fixtures and finishes. The flooring appears to be newer laminate, and the lighting fixtures are contemporary. The presence of multiple units (main residence, JADU, and ADU) with separate utilities suggests functional systems. While not newly built or recently renovated to 'excellent' standards, the property is presented as move-in ready with updated elements, fitting the 'good' condition criteria. The age of the main structure is a factor, but the visible updates in key areas like the kitchen and bathrooms indicate good maintenance and recent improvements.
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 = 1500.
- Multi-Unit Potential
Features three distinct units (main residence, JADU, and ADU) on a single lot, offering significant income generation or multigenerational living opportunities.
- Owner-Occupant Advantage
Ideal for an owner-occupant to live in one unit while offsetting mortgage costs with rental income from the other two.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1500, other record living area = 1381. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Age of Property
Built in 1957, the property may require updates or renovations to meet modern standards and buyer expectations.
- Potential for Deferred Maintenance
With multiple units and an older build date, there's a possibility of deferred maintenance across the property that may require attention.
About 12231 Bluebell
This exceptional Garden Grove property presents a rare and highly versatile investment opportunity with three units on one lot, ideal for an owner-occupant looking to live in one unit while generating income from the others, or for investors seeking strong rental potential. The main residence offers 5 bedrooms and 3 bathrooms, including two primary suites, and is in move-in ready condition. Attached is a JADU featuring 2 bedrooms and 1 bathroom, complete with a full kitchen and separate laundry area, providing excellent rental or multigenerational living flexibility. At the rear of the property is a detached ADU with its own separate address, offering 2 bedrooms and 2 bathrooms and equipped with separate gas, electric, and water meters, allowing for independent tenancy and simplified utility management. With three rentable units, this property offers strong projected rental income potential, with the opportunity to offset a significant portion—or potentially all—of the monthly mortgage depending on rental strategy and market conditions. Situated in a desirable neighborhood close to freeways, shopping, dining, and daily conveniences, this is a rare opportunity to secure long-term value, flexibility, and income in one of Garden Grove’s most convenient locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 7,507 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,500 | 1,531 | 46% |
| Lot Size | 7,507 | 7,410 | 52% |
| Price | $2.00M | $1.04M | 99% |
| Price per sq ft | $1.3K | $643 | 99% |
| Built year | 1957 | 1955 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 166 | 1% |
Pricing History
Listed for Sale
Feb 7, 2026
$1,999,900
Initial Listing
Sold
Oct 31, 2022
$650,000
Public Record