12432 Pine, Garden Grove, California 92840, Garden Grove, 92840 - 3 bed, 2 bath
Loading property details...
12432 Pine
Garden Grove, California 92840
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,471Sq Ft
8,100Lot Size
Property Price
LIST PRICE$998,000
EST. MARKET VALUE
$998,000
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $998,000, which aligns with the $998,000 Fair Market Value. While priced at market, the property features a Mint Condition Rating following a high-end modern renovation. The expansive 8,100 sqft lot provides significant Development Potential for an ADU, while the Private Swimming Pool enhances lifestyle appeal. Located within the Garden Grove Unified School District, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey property with long-term growth upside.
Estimated Market Value
$998,000
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 |
|---|---|---|---|---|---|---|
★ 12432 Pine Subject | $998,000* List Price | 3 | 2 | 1,471 | $678 | - |
A 11072 Jerry Sold | $1,100,000 | 3 | 2 | 1,531 | $718 | 0.2 mi |
B 12631 Strathmore Drive Sold | $1,100,000 | 3 | 2 | 1,450 | $759 | 0.6 mi |
C 11931 Waverly Sold | $1,000,000 | 3 | 2 | 1,469 | $681 | 0.5 mi |
D 11891 Waverly Drive Sold | $1,050,000 | 3 | 2 | 1,299 | $808 | 0.6 mi |
E 11472 Presidio Way Sold | $1,065,000 | 3 | 2 | 1,683 | $633 | 0.8 mi |
F 11921 Medina Drive Sold | $1,050,000 | 3 | 2 | 1,324 | $793 | 0.7 mi |
G 10872 Holly Sold | $1,140,000 | 3 | 3 | 1,780 | $640 | 0.3 mi |
H 12062 Norma Sold | $1,025,000 | 3 | 2 | 1,211 | $846 | 0.6 mi |
I 11702 Gary Street Pending | $989,000 List Price | 4 | 2 | 1,383 | $715 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1950, the interior has undergone a high-end, modern renovation within the last 5 years. The bathroom features luxury finishes including a freestanding tub, walk-in glass shower, and gold fixtures, while the bedrooms show new flooring, recessed lighting, and updated systems, placing it in mint condition.
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 = 8100, living area = 1471.
- Development Potential
The expansive 8,100 sqft lot offers significant potential for an Accessory Dwelling Unit (ADU), providing opportunities for rental income or multi-generational living.
- Outdoor Living
The property features a large swimming pool and a spacious backyard, ideal for entertaining and enjoying the Southern California climate.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-05-29. The sold price is $955,000.00.
- Property Age
Built in 1950, the home may require updates to its core systems and cosmetic finishes to meet modern standards and buyer expectations.
- Market Positioning
With over 60 days on the market and a description emphasizing 'potential,' the property may require significant renovation to justify its current list price.
About 12432 Pine
Welcome to 12432 Pine Street, Garden Grove, a rare opportunity with endless potential! This charming home offers spacious bedrooms and a comfortable floor plan, sitting on a huge lot with a beautiful swimming pool, perfect for entertaining, relaxing, and enjoying Southern California living. The expansive backyard provides incredible possibilities, including ample space to build an ADU for extended family, rental income, or a private guest house. Conveniently located near schools, shopping, dining, and major freeways, this is an exceptional opportunity for homeowners, investors, or anyone looking to create a personalized oasis in one of Garden Grove’s desirable neighborhoods. Don’t miss your chance to unlock the full potential of this hidden gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 8,100 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,471 | 1,574.458 |
| Lot Size | 8,100 | 7,206.15 |
| Price | $998.0K | $1.09M |
| Price per sq ft | $678 | $723 |
| Built year | 1950 | 1957 |
| HOA | $0 | $227 |
| Days on market | 84 | 43 |
Pricing History
Listed for Sale
Jun 17, 2026
$998,000
Initial Listing
Sold
May 29, 2026
$955,000
Public Record