12942 Newhope, Garden Grove, California 92840, Garden Grove, 92840 - 2 bed, 2 bath
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Garden Grove, California 92840
This Strong Value Opportunity is listed at a List Price of $699,000—positioned well below the $744,276 Fair Market Value by 6%. This valuation gap offers $45,276 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this townhome offers a versatile 3-bedroom layout, a private rear patio, and direct garage access. Located in the Garden Grove Unified district, it provides a low-maintenance lifestyle perfect for first-time buyers or small families seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12942 Newhope Subject | $685,000* List Price | 2 | 2 | 1,392 | $502 | - |
A 11390 Lampson Sold | $610,000 | 2 | 2 | 994 | $614 | 0.5 mi |
B 12600 Euclid Street 4 Sold | $680,000 | 3 | 2 | 1,213 | $561 | 0.8 mi |
C 12635 Main Street 201 Active | $484,000 List Price | 2 | 2 | 1,254 | $386 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1975, the property has undergone significant cosmetic updates including wood flooring, fresh paint, and updated fixtures. The bathrooms feature a mix of newer vanities and older but functional tiling, placing the overall renovation age in the 5-15 year range. The home is well-maintained and move-in ready.
The conversion from a two-bedroom to a three-bedroom layout maximizes the 1,382 square feet of living space, providing additional utility for growing families or a home office.
The property features a large rear patio and yard with rare direct access to a two-car garage, offering the privacy and convenience typically found in single-family homes.
Situated in the heart of Garden Grove with immediate proximity to major freeways, shopping centers, and schools, this home offers exceptional convenience for commuters and active households.
The association fee of $515 per month is relatively high for the area, which may impact a buyer's monthly affordability and overall debt-to-income ratio.
Despite having three bedrooms, the home only offers 1.5 bathrooms, which may create logistical challenges for larger families or guests sharing a single full bath upstairs.
Welcome to this beautifully maintained 2 bedrooms converted to a 3 bedroom, 1.5 bath townhome in the heart of Garden Grove. This two-story home is approx. 1382 Square Feet with all bedrooms upstairs and a half bathroom downstairs. This home has wood flooring throughout, fresh paint, fixtures and an open living and dining areas flow into the kitchen. Ample cabinet and counter space. The rear patio also has a large yard with direct access to the two-car garage. The community pool and clubhouse make this complex the perfect area to relax and entertain family and friends. With its central location near shopping centers, restaurants, schools and freeway access, you have everything you need within minutes. This townhome is perfect for the first time buyer, small families or anyone looking for low maintenance living in a wonderful location. Don't miss your chance a this townhome in Garden Grove.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,392 | 983 |
| Lot Size | 2,381 | 68,962 |
| Price | $685.0K | $528.9K |
| Price per sq ft | $492 | $586 |
| Built year | 1975 | 1985 |
| HOA | $515.0 | $420 |
| Days on market | 40 | 51 |
Jul 1, 2026
$685,000
$699,000
-2% Price Drop
Initial Listing
Jun 12, 2026
$699,000
Initial Listing
Sep 26, 2003
$297,000
Public Record