13232 Newell, Garden Grove, California 92843, Garden Grove, 92843 - 2 bed, 2 bath
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Garden Grove, California 92843
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $851,057 Fair Market Value by 0.12%. This asset offers $1,057 in Instant Equity. Featuring a Fair Condition Rating and a 7,276 sqft corner lot, the home provides significant value-add potential through renovation. Its prime location near major freeways and amenities ensures long-term rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers capable of executing a full-scale interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13232 Newell Subject | $850,000* List Price | 2 | 2 | 1,151 | $739 | - |
A 12301 Granite Place Sold | $851,000 | 3 | 1 | 1,116 | $763 | 0.9 mi |
B 11371 Garden Grove Boulevard Sold | $815,000 | 2 | 1 | 1,100 | $741 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 (71 years old) with no evidence of recent renovations. The interior shows significant wear, including dated pink bathroom fixtures, worn cabinetry, and peeling paint. The listing description explicitly states it needs 'hammer and nails' for updates and is being sold as-is, indicating a full rehab is required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7276, living area = 1151.
The property features a generous 7,276 sqft corner lot, providing ample space for potential expansion, outdoor living areas, or the addition of an Accessory Dwelling Unit (ADU).
Situated in a highly convenient Garden Grove neighborhood, the home offers easy access to local restaurants, shopping centers, and major freeways, ensuring strong long-term desirability.
The home is being sold in its current state and requires 'hammer and nails' repairs, which may limit financing options and necessitate a substantial renovation budget.
With only two bedrooms and 1,151 square feet of living space, the current footprint may be restrictive for larger families or buyers seeking more modern, open-concept layouts.
Great opportunity in a prime Garden Grove location. This long-term rental sits on a large corner lot and offers solid potential for a first-time buyer or investor. Bring your hammer and nails—there’s plenty of room to update, customize, and add value. Conveniently located near local amenities, many restaurants, shopping centers & freeways. House to be sold in as-is condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,151 | 1,465 | 17% |
| Lot Size | 7,276 | 7,199 | 83% |
| Price | $850.0K | $1.06M | 17% |
| Price per sq ft | $738 | $673 | 57% |
| Built year | 1953 | 1958 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 116 | 4% |
May 31, 2026
$850,000
Initial Listing