
Garden Grove, California 92840
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $729,000—positioned well below the $735,061 Fair Market Value by 0.8%. This valuation gap offers $6,061 in Instant Equity. Featuring an Excellent Condition Rating with recent renovations, including a soundproofed living room, finished garage, and modern water filtration, the home offers a premium lifestyle. Located in the Garden Grove Unified district, this property is an ideal fit for Owner-Occupants or first-time buyers seeking a move-in ready home with exceptional parking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12853 Newhope Street Subject | $729,000* List Price | 3 | 3 | 1,404 | $524 | - |
A 12856 Newhope Sold | $740,000 | 3 | 3 | 1,404 | $527 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has undergone extensive recent renovations including a new HVAC system, new water heater, and new kitchen appliances. The interior features modern upgrades such as recessed lighting, soundproofing, and updated bathrooms with glass sliding doors. The finished garage and overall mint condition indicate a renovation within the last 5 years, requiring no immediate maintenance.
The property features a rare three-space parking arrangement, including a finished two-car garage and a dedicated exterior spot, providing significant convenience in a high-density area.
Beyond standard renovations, the home includes a fully soundproofed living room and a comprehensive water filtration system, offering unique value for hobbyists and health-conscious buyers.
Situated near major freeways (22, 5, 57) and popular destinations like Disneyland and Koreatown, the home offers excellent accessibility for commuters and lifestyle seekers.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1908, living area = 1404.
The $515 monthly association fee is a significant recurring expense that may impact the overall debt-to-income ratio and monthly affordability for potential buyers.
With a lot size under 2,000 square feet, the outdoor space is restricted to a small patio and front sitting area, which may not suit buyers seeking a traditional large backyard.
Welcome to 12853 Newhope St, Garden Grove, CA 92840—a beautifully upgraded single-family home in the highly sought-after and well-maintained Garden Park community. This 3-bedroom, 2.5-bathroom home offers approximately 1,404 sq. ft. of comfortable living space, including a convenient downstairs half bath for guests. One of the standout features is the excellent parking setup: a private 2-car garage plus an additional dedicated parking space directly in front of the garage, giving you 3 parking spaces right at your home, with additional guest parking nearby and free street parking available on a first-come, first-served basis. The upgraded garage features finished walls, recessed lighting, a new garage door, double-pane window, and a smart garage opener with security camera, remote access, and backup battery. Inside, enjoy convenient indoor laundry with newer washer and dryer, a new water heater, oven, washing machine, modern touch-control range hood, central A/C, large-capacity water softener, and alkaline water filtration system. Recessed lighting and modern ceiling fans are featured throughout, while the fully soundproofed living room is ideal for karaoke, music, or a recording studio. The bathrooms feature modern glass sliding shower doors, and the outdoor spaces include a peaceful front-yard sitting area and spacious backyard patio perfect for BBQs and entertaining. Tucked deeper inside the community away from main streets, this home offers a quiet and peaceful setting while being conveniently located near Costco, Koreatown, H Mart, Disneyland, Christ Cathedral, and major freeways including the 22, 5, and 57. HOA amenities include a swimming pool, spa, and clubhouse, making this an exceptional opportunity for those seeking comfort, upgrades, convenience, and abundant parking in a prime Garden Grove location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,404 | 1,574.458 |
| Lot Size | 1,908 | 7,206.15 |
| Price | $729.0K | $1.09M |
| Price per sq ft | $519 | $723 |
| Built year | 1973 | 1957 |
| HOA | $515.0 | $227 |
| Days on market | 13 | 43 |
Aug 27, 2026
$729,000
Initial Listing
Oct 13, 2023
$655,000
Public Record
Aug 2, 2019
$475,000
Public Record
Aug 8, 2014
$370,000
Public Record
Sep 10, 2008
$269,000
Public Record
May 24, 2005
$415,000
Public Record