12451 Nutwood, Garden Grove, California 92840, Garden Grove, 92840 - 3 bed, 2 bath
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12451 Nutwood
Garden Grove, California 92840
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,663Sq Ft
8,775Lot Size
Property Price
LIST PRICE$1,120,000
EST. MARKET VALUE
$1,183,301
5% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,120,000—positioned well below the $1,176,433 Fair Market Value by 4%. This valuation gap offers $56,433 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a modern remodel, enclosed patio, and an expansive 8,775 sq. ft. lot. While the unpermitted rear structure requires verification, the property remains an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready home in the Garden Grove Unified district.
Estimated Market Value
$1,183,301+$63,301 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 12451 Nutwood Subject 3 bd · 2 ba · 1,663 sqft · $712 | $1,120,000* List Price | 3 | 2 | 1,663 | $712 | - |
A 12132 Hackamore Sold 3 bd · 2 ba · 1,630 sqft · $644 · 0.3 mi | $1,050,000 | 3 | 2 | 1,630 | $644 | 0.3 mi |
B 12432 Pine Sold 3 bd · 2 ba · 1,471 sqft · $816 · 0.7 mi | $1,200,000 | 3 | 2 | 1,471 | $816 | 0.7 mi |
C 10872 Holly Sold 3 bd · 3 ba · 1,780 sqft · $640 · 0.4 mi | $1,140,000 | 3 | 3 | 1,780 | $640 | 0.4 mi |
D 12172 Brookhaven Park Sold 4 bd · 2 ba · 1,621 sqft · $731 · 0.5 mi | $1,185,000 | 4 | 2 | 1,621 | $731 | 0.5 mi |
E 12381 Pine St. Sold 3 bd · 3 ba · 1,923 sqft · $624 · 0.7 mi | $1,200,000 | 3 | 3 | 1,923 | $624 | 0.7 mi |
F 11072 Jerry Sold 3 bd · 2 ba · 1,531 sqft · $718 · 0.6 mi | $1,100,000 | 3 | 2 | 1,531 | $718 | 0.6 mi |
G 12321 Moana Way Sold 4 bd · 3 ba · 2,077 sqft · $641 · 0.2 mi | $1,332,100 | 4 | 3 | 2,077 | $641 | 0.2 mi |
H 11921 Medina Drive Sold 3 bd · 2 ba · 1,324 sqft · $793 · 0.6 mi | $1,050,000 | 3 | 2 | 1,324 | $793 | 0.6 mi |
I 12162 Brookhaven Park Active Under Contract 3 bd · 2 ba · 1,772 sqft · $677 · 0.5 mi | $1,200,000 List Price | 3 | 2 | 1,772 | $677 | 0.5 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 1949, the property has undergone a comprehensive modern remodel within the last 5 years. The kitchen features contemporary shaker cabinetry, quartz countertops, and stainless steel appliances, while the bathrooms are fully updated with designer tile and glass enclosures. The home is in mint, move-in-ready condition with updated flooring and solar systems.
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 = 8775, living area = 1663.
- Modern Renovations
The home is move-in ready with stylish, modern updates and a functional floor plan, offering immediate comfort without the need for additional construction.
- Expansive Lot Size
Sitting on an impressive 8,775 sq. ft. lot, the property provides exceptional outdoor space for entertaining, gardening, or potential future expansions.
CONSRISKS & DEFICIENCIES
- Unpermitted Structure
The rear 1-bedroom, 1-bathroom unit is unpermitted, which may present challenges regarding zoning compliance, financing, and potential liability for the buyer.
- Solar Lease Obligation
The requirement to assume a monthly solar lease payment of approximately $368 adds a significant fixed recurring expense to the cost of homeownership.
About 12451 Nutwood
Welcome to 12451 Nutwood St, a beautifully remodeled 3-bedroom, 2-bathroom home offering approximately 1,663 sq. ft. of living space on an impressive 8,775 sq. ft. lot in Garden Grove. This move-in-ready home features modern updates, stylish finishes, and a functional floor plan designed for comfortable living and entertaining. The spacious enclosed patio with a full bathroom provides additional flexible space for a home office, recreation room, gym, or other uses. The oversized lot offers abundant outdoor space with plenty of room for entertaining, gardening, or future possibilities. The property also includes an additional rear 1-bedroom, 1-bathroom structure that is unpermitted and is not included in the stated bedroom/bathroom count or living square footage. Buyer to independently verify permits, square footage, zoning, and permitted use with the appropriate authorities. The home is equipped with leased solar panels with a current monthly lease payment of approximately $368. Buyer to assume the existing solar lease, subject to the terms and requirements of the solar agreement. Conveniently located near shopping, dining, schools, parks, and major freeways, this is a rare opportunity to own a beautifully updated home with an exceptionally large lot in Garden Grove.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 8,775 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 | 3.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,663 | 1,593.338 |
| Lot Size | 8,775 | 7,204.538 |
| Price | $1.12M | $1.09M |
| Price per sq ft | $673 | $713 |
| Built year | 1949 | 1957 |
| HOA | $0 | $209 |
| Days on market | 42 | 44 |
Pricing History
Listed for Sale
Sep 13, 2026
$1,120,000
Initial Listing
Sold
May 3, 2022
$1,100,000
Public Record
Sold
May 3, 2021
$626,500
Public Record