12842 Palm Street 111, Garden Grove, California 92840, Garden Grove, 92840 - 2 bed, 2 bath
Loading property details...
Garden Grove, California 92840
This Modern Turnkey Condominium is a Prime Investment Opportunity listed at $559,000—positioned well below the $581,827 Fair Market Value by 3%. This valuation gap offers $22,827 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the home features a 2020 Kitchen Remodel with quartz countertops and walnut cabinetry, complemented by Hardwood Flooring and a rare Patio with Fireplace. Located in the Garden Grove Unified district, this residence is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12842 Palm Street 111 Subject | $559,000* List Price | 2 | 2 | 1,025 | $568 | - |
A 12842 Palm St #204 Sold | $538,800 | 2 | 2 | 1,025 | $526 | 0.0 mi |
B 12842 Palm Street 108 Sold | $431,000 | 2 | 1 | 864 | $499 | 0.0 mi |
C 12842 Palm Street 301 Sold | $465,000 | 1 | 1 | 864 | $538 | 0.0 mi |
D 12664 Chapman Avenue 1417 Sold | $640,000 | 2 | 2 | 1,295 | $494 | 0.8 mi |
E 12688 Chapman Ave Active | $595,000 List Price | 2 | 2 | 1,101 | $540 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property meets the criteria for excellent condition due to an extensive kitchen renovation completed in 2020 (within the last 5 years) featuring high-end quartz countertops, premium stainless steel appliances, and walnut cabinetry. The interior is further enhanced by hardwood flooring, elegant wood shutters, and modern light fixtures, showing no signs of deferred maintenance and presenting as a fully updated, move-in-ready home.
The kitchen was tastefully updated in 2020 with premium quartz countertops, a gas range, and rich walnut cabinetry, offering a move-in-ready experience.
Rare for a condo, this unit features both a private covered balcony and a welcoming front patio with a built-in fireplace, perfect for entertaining.
The home showcases pride of ownership with elegant wood shutters, hardwood flooring, and a well-maintained layout that combines comfort with sophisticated style.
The monthly HOA fee of $805 is significantly high for a property of this size, which may impact overall affordability and buyer interest.
Being a first-floor unit, the property may be subject to more foot traffic noise and reduced privacy compared to higher-level units in the community.
Welcome to the desirable Lotus Walk community! This charming and cozy first-floor condo offers 2 spacious bedrooms and 2 full bathrooms, combining comfort with modern style. Lovingly maintained by the seller, this home truly shows pride of ownership. The kitchen was beautifully remodeled in 2020, featuring quartz countertops, a gas range, and a built-in microwave. Rich dark walnut cabinetry complements the hardwood flooring, creating a warm and cohesive living space. Elegant wood shutters throughout the home add a touch of sophistication, while the generously sized bedrooms provide comfort and flexibility. Step out onto your private covered balcony—perfect for relaxing at any time of day. Enjoy the best of indoor-outdoor living with a welcoming patio space just outside your front door, complete with seating and a cozy fireplace—ideal for entertaining or unwinding. Don't miss the opportunity to own this beautiful home.
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 | 1,025 | 1,017 | 64% |
| Lot Size | - | 21,976 | 50% |
| Price | $559.0K | $536.9K | 55% |
| Price per sq ft | $545 | $566 | 41% |
| Built year | 2007 | 1984 | 82% |
| HOA | $805.0 | $465 | 95% |
| Days on market | 21 | 182 | 5% |
Apr 1, 2026
$559,000
Initial Listing
Oct 11, 2017
$400,000
Public Record
Dec 28, 2007
$405,500
Public Record