12542 9th Street, Garden Grove, California 92840, Garden Grove, 92840 - 3 bed, 3 bath
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Garden Grove, California 92840
This Value-Add Residential Asset is a High-Potential Investment Opportunity, listed at $1,449,000—positioned well below the $1,510,193 Fair Market Value by 4%. This valuation gap provides $61,193 in Instant Equity for buyers. While the 1949 structure carries a Condition Rating of 4, the massive 14,040 sq ft lot offers rare ADU potential for a 1,200 sq ft secondary dwelling. Located near Crosby Elementary and Disneyland, this auction-offered property is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12542 9th Street Subject | $1,449,000* List Price | 3 | 3 | 1,912 | $764 | - |
A 11031 Jerry Sold | $1,100,000 | 3 | 1 | 1,368 | $804 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, the property shows evidence of maintenance such as updated vinyl windows and a dimensional shingle roof. However, the listing's emphasis on 'incredible upside' and 'land value' suggests the interior kitchen, bathrooms, and core systems are dated (>20 years) and require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14040, living area = 1912.
The expansive 14,040 sq ft lot is a rare find in Garden Grove, providing significant opportunity to build a detached ADU up to 1,200 sq ft for rental income or multi-generational living.
The property includes an oversized garage structure with a large bonus room, offering versatile space for a home office, gym, or creative studio separate from the main living area.
The property is being offered via auction, which may involve specific bidding requirements, buyer premiums, or less flexibility regarding contingencies compared to traditional sales.
Built in 1949, the home may require significant capital investment to modernize systems and finishes to justify the premium $1.449M price point.
Property is being offered via auction. Welcome to 12542 9th Street — a rare opportunity to own a character-filled 1949 home on an expansive 14,040 sq ft lot in one of Garden Grove's most established neighborhoods. Offering 3 bedrooms, 2+ baths, and a generous 1,900+ sq ft of living space, this home blends timeless charm with incredible upside. The layout is warm and functional, featuring a cozy family room with fireplace, spacious bedrooms with room to grow, and an oversized garage structure with a large bonus room — perfect as a home office, gym, studio, or creative space. A separate laundry area adds everyday convenience. But the real story here is the land. With over 14,000 sq ft, this lot offers compelling ADU potential — build a detached guest house up to 1,200 sq ft, generate rental income, or create a multi-generational living arrangement. Buyers and investors alike will appreciate the scale of what's possible here. Situated near top-rated Crosby Elementary School, minutes to Disneyland, major freeways, dining, and retail. This is Southern California living with room to dream. Properties with lots of this size are increasingly rare — don't miss your window.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,912 | 1,458 | 81% |
| Lot Size | 14,040 | 7,226 | 99% |
| Price | $1.45M | $1.04M | 96% |
| Price per sq ft | $758 | $711 | 60% |
| Built year | 1949 | 1955 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 115 | 18% |
Apr 22, 2026
$1,449,000
Initial Listing
Oct 23, 2023
$900,000
Public Record
Jan 28, 2021
$650,000
Public Record
Mar 19, 2019
$650,000
Public Record
Aug 8, 2013
$525,000
Public Record