12427 Sungrove, Garden Grove, California 92840, Garden Grove, 92840 - 4 bed, 3 bath
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12427 Sungrove
Garden Grove, California 92840
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,123Sq Ft
7,283Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,050,175
SUMMARY
This Spacious Multi-Unit Residence is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,050,175 Fair Market Value by 0.02%. Featuring a 4-bedroom, 3-bathroom layout with a converted unit for rental income, the property offers significant versatility. While the home maintains a Condition Rating of 5, its 2,123 sqft footprint and 7,283 sqft lot provide a solid foundation for value-add renovations. Located in the Garden Grove Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living solutions.
Estimated Market Value
$1,050,175
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 |
|---|---|---|---|---|---|---|
★ 12427 Sungrove Subject | $1,050,000* List Price | 4 | 3 | 2,123 | $495 | - |
A 12131 Sungrove St Sold | $1,000,000 | 4 | 3 | 1,847 | $541 | 0.3 mi |
B 12692 Citruswood Avenue Sold | $785,000 | 3 | 2 | 1,318 | $596 | 0.1 mi |
C 12672 Woodland Sold | $970,000 | 3 | 2 | 1,538 | $631 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1958 (66 years old) and described as having 'lots of potential,' which typically signals a need for significant rehabilitation. Interior photos show very dated cabinetry and utility areas that appear to be 30-50 years old. While the exterior features solar panels, the overall age and 'potential' status suggest the home requires more than minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The 4th bedroom has been converted into a self-contained unit with its own kitchen, bathroom, and private entrance, offering excellent potential for rental income or multi-generational living.
- Generous Living Space
Boasting over 2,100 square feet of living space on a sizable 7,283 square foot lot, this property provides ample room for families and outdoor activities compared to standard regional footprints.
- Prime Orange County Location
Situated in the desirable Santiago Estates of Garden Grove, the home is centrally located within the respected Garden Grove Unified School District and close to major OC amenities.
CONSRISKS & DEFICIENCIES
- Solar Lease Encumbrance
The property comes with a solar lease, which requires the buyer to assume a long-term financial contract and may complicate the financing process for some lenders.
- Deferred Modernization
Built in 1958 and described as having 'lots of potential,' the home likely requires significant cosmetic and functional updates to reach its full market value.
About 12427 Sungrove
Great location for this OC home, Lots of potential, 4 bedrooms 2-1 bathrooms, 4th bedroom has been converted into a separate unit with its own bathroom and kitchen, also separate access, this can possibly provide additional income, tile flooring, laundry room, good size yard, solar lease
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 7,283 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,123 | 1,574.458 |
| Lot Size | 7,283 | 7,206.15 |
| Price | $1.05M | $1.09M |
| Price per sq ft | $495 | $723 |
| Built year | 1958 | 1957 |
| HOA | $0 | $227 |
| Days on market | 8 | 43 |
Pricing History
Listed for Sale
Sep 1, 2026
$1,050,000
Initial Listing