12700 Josephine, Garden Grove, California 92841, Garden Grove, 92841 - 2 bed, 2 bath
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Garden Grove, California 92841
This Value-Add Townhouse represents a strategic acquisition within the Garden Grove Unified district. With a List Price of $513,000 and a $411,114 Fair Market Value, the property requires a cash-only purchase due to a Condition Score of 5. The asset features a Versatile Layout with a ground-floor bedroom, Inside Laundry, and a Two-Car Garage within a secure Gated Community. Despite deferred maintenance, the Low HOA Fees and location offer significant upside for Fix-and-Flip Investors or Cash Buyers looking to maximize ROI through rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12700 Josephine Subject | $513,000* List Price | 2 | 2 | 1,048 | $392 | - |
A 12562 Dale Street 47 Sold | $530,000 | 2 | 2 | 1,165 | $455 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly listed as 'cash offers only' due to its condition, which indicates significant deferred maintenance or defects that prevent traditional financing. Built in 1988, the lack of interior photos combined with the listing description suggests the kitchen, bathrooms, and major systems require substantial rehabilitation and repair.
The property is situated within a gated community and features a relatively low monthly association fee of $272.99, offering a balance of security and manageable carrying costs.
The floor plan includes a bedroom and bathroom on the ground level, providing excellent flexibility for multi-generational living, guests, or a private home office.
Equipped with a two-car garage featuring an automatic opener and an inside laundry area, the home provides essential functional features that enhance daily convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1048, other record living area = 796. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property is being sold in a condition that requires cash-only offers, indicating substantial deferred maintenance or repairs that prevent traditional financing.
The requirement for cash offers and the distressed state of the home exclude traditional retail buyers, primarily attracting seasoned investors or flippers.
Cash offers only due to the condition of the property. Two story townhome in a gated community with low monthly association fees. One bedroom and one bath downstairs, Master bedroom, kitchen and living room upstairs Inside laundry, two car garage with auto opener.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,048 | 1,106.5 | 50% |
| Lot Size | 9,999 | 4,999.5 | 50% |
| Price | $513.0K | $521.5K | 50% |
| Price per sq ft | $490 | $472 | 50% |
| Built year | 1988 | 1986 | 50% |
| HOA | $272.99 | $366 | 50% |
| Days on market | 23 | 112 | 50% |
Apr 16, 2026
$513,000
Initial Listing
Mar 30, 2026
$485,000
Initial Listing
Sep 20, 2005
$320,000
Public Record
Aug 16, 2001
$137,000
Public Record