
Garden Grove, California 92840
This Value-Add Fixer-Upper presents a Strong Value Opportunity with a List Price of $750,000—positioned well below the $792,617 Fair Market Value by 5%. This valuation gap offers $42,617 in Instant Equity for buyers. While the home has a Condition Score of 5, the oversized 7,182 sqft lot and proximity to Disneyland and Garden Grove Unified schools provide massive upside for forced appreciation or ADU development. This strategic asset is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12241 Oertly Drive Subject | $750,000* List Price | 3 | 1 | 937 | $846 | - |
A 12071 Acacia Pending | $950,000 List Price | 2 | 1 | 1,120 | $848 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and marketed explicitly as a 'fixer,' the property requires substantial rehabilitation. Interior images reveal significant deferred maintenance, including unfinished ceiling repairs with exposed drywall mud, peeling wallpaper, and outdated fixtures. While the bathroom shows some previous tiling work, the overall small footprint and aged condition of the structure and systems necessitate a major capital investment to make it modern and fully functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7182, living area = 937.
The property is ideally situated near Disneyland, major freeways (22, 91, and 5), and the business district, ensuring high demand and excellent accessibility.
With a generous 7,182 sqft lot, there is significant room for home expansion or the construction of an Accessory Dwelling Unit (ADU) to maximize the property's value.
Marketed as a fixer-upper, the property requires substantial capital investment to address its current condition and modernize the 1950s-era structure.
The small 937 sqft living area and single bathroom may be restrictive for modern buyers seeking more spacious accommodations or a master suite.
Looking for fixer. This 3 bedroom 1 bath home has good bones. Located on a cul de sac adjacent to elementary school. Very good location close to Disneyland Amusement park, fine restaurants, 22, 91 and 5 freeways and close to business district.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 937 | 1,495.5 | 2% |
| Lot Size | 7,182 | 7,252.5 | 25% |
| Price | $750.0K | $1.01M | 8% |
| Price per sq ft | $800 | $665 | 77% |
| Built year | 1950 | 1956 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 178 | 2% |
Apr 9, 2026
$750,000
Initial Listing
Feb 28, 2003
$55,000
Public Record