12292 Bluebell, Garden Grove, California 92840, Garden Grove, 92840 - 4 bed, 2 bath
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Garden Grove, California 92840
This Versatile Single Family Residence represents a Strong Value Opportunity, listed at $1,199,888—positioned slightly above the $1,156,527 Fair Market Value. While the property carries a Condition Rating of 3, the newly constructed Luxury ADU with premium finishes provides immediate rental income potential or multigenerational flexibility. Located in the Garden Grove Unified district near major entertainment hubs, the property balances lifestyle convenience with long-term utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a property with significant income-generating capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12292 Bluebell Subject | $1,199,888* List Price | 4 | 2 | 1,830 | $632 | - |
A 11681 Daniel Avenue Sold | $1,100,000 | 4 | 2 | 1,805 | $609 | 0.6 mi |
B 11341 Jacalene Sold | $1,000,000 | 5 | 2 | 1,717 | $582 | 0.6 mi |
C 11472 Presidio Way Sold | $1,065,000 | 3 | 2 | 1,683 | $633 | 0.8 mi |
D 11552 Reva Sold | $1,100,000 | 4 | 3 | 1,975 | $557 | 0.8 mi |
E 11931 Waverly Sold | $1,000,000 | 3 | 2 | 1,469 | $681 | 1.0 mi |
F 11552 West Sold | $1,180,000 | 4 | 2 | 1,500 | $787 | 0.3 mi |
G 12651 Citruswood Sold | $1,050,000 | 3 | 3 | 1,458 | $720 | 0.9 mi |
H 11942 Ricky Sold | $975,000 | 3 | 2 | 1,251 | $779 | 0.4 mi |
I 12071 Reva Active | $1,250,000 List Price | 3 | 3 | 1,773 | $705 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a brand-new luxury ADU completed 3 years ago which is in excellent condition. However, the main residence, while well-maintained and 'updated' with newer appliances and refinished hardwood, retains older cabinetry and bathroom finishes consistent with a 10-15+ year old renovation. The overall package is move-in ready and functional but does not meet the 'mint' criteria for Excellent across the entire square footage.
The property features a newly constructed, high-end 500 sq. ft. ADU with premium finishes like Calacatta marble and white oak flooring, providing excellent opportunities for rental income or multigenerational living.
Ideally situated just minutes from Disneyland Resort, Angel Stadium, and the Anaheim Convention Center, this home offers exceptional access to world-class dining, shopping, and employment hubs.
The generous 7,300 sq. ft. lot is thoughtfully utilized to provide both the main house and the ADU with private backyard areas and mature fruit trees, a rare find for high-density suburban living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1830, other record living area = 1330.
With the total 1,830 sq. ft. split between two units, the 4-bedroom main house is approximately 1,330 sq. ft., which may result in smaller bedroom sizes and limited common living space.
Originally built in 1955, the main residence may have aging core systems such as plumbing or electrical that require more maintenance compared to the modern ADU or newer constructions.
Discover the exceptional versatility of 12292 Bluebell Avenue, where timeless comfort meets modern design. Featuring a beautifully updated main residence and a newly constructed luxury ADU, this one-of-a-kind property offers an elevated living experience with the flexibility to accommodate multigenerational living, rental income, or a private guest retreat. Situated on a generous 7,300 sq. ft. lot, the property offers approximately 1,830 sq. ft. of total living space, including a 500 sq. ft. ADU. The main residence features 4 bedrooms and 2 full bathrooms. Inside, you’ll find warm hardwood flooring and an inviting layout designed for everyday living. Step outside to a spacious backyard complemented by mature fruit trees, creating the perfect setting for outdoor entertaining, gardening, or simply relaxing with family and friends. Completed just three years ago, the ADU is a true standout. Thoughtfully designed with its own private entrance, separate backyard, and exceptional privacy, it feels like a home of its own. The interior showcases upscale finishes including stunning Calacatta marble, elegant white oak flooring, and a luxurious freestanding soaking tub. Whether you’re looking to generate rental income, accommodate extended family, host guests, or create a private home office, this beautifully appointed ADU offers endless possibilities. Location is everything, and this home delivers. Ideally positioned just minutes from Disneyland Resort, Anaheim Convention Center, and Angel Stadium, you’ll enjoy convenient access to world class entertainment, dining, and shopping. This home is also within walking distance of the highly acclaimed Parkview Elementary School. Rarely does a property offer this level of versatility, quality, and location. Don’t miss this exceptional opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,830 | 1,496.5 |
| Lot Size | 7,300 | 7,260.5 |
| Price | $1.20M | $1.07M |
| Price per sq ft | $656 | $717 |
| Built year | 1955 | 1956 |
| HOA | $0 | $98 |
| Days on market | 14 | 45 |
Jul 8, 2026
$1,199,888
Initial Listing
Aug 27, 2018
$610,000
Public Record