13291 Fletcher, Garden Grove, California 92844, Garden Grove, 92844 - 0 bed, 0 bath
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Garden Grove, California 92844
This quadruplex represents a High-Potential Investment Opportunity, currently listed at $1,924,900. The property is positioned above the $1,704,511 Fair Market Value, reflecting a premium entry point for a stable, income-generating asset. With a Condition Rating of 4, the units are functional but offer significant upside for modernization. The Diverse Unit Mix and 5-car garage capacity provide strong rental demand, while the 10,019 sqft lot offers long-term value-add potential. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, multi-family portfolio addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13291 Fletcher Subject | $1,924,900* List Price | 0 | 0 | 4,060 | $420 | - |
A 13261 Verde Sold | $1,950,000 | 0 | 0 | 4,301 | $453 | 0.1 mi |
B 13022 13022 Casa Linda Lane Sold | $1,788,000 | 0 | 0 | 4,771 | $375 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this quadruplex is described as being in 'decent condition,' which typically indicates functional but dated interiors. While the exterior and landscaping are well-maintained, the presence of window AC units and the lack of recent renovation details suggest that major systems and aesthetic features like kitchens and bathrooms are likely aged and may require minor updates to meet modern standards.
The property features a versatile mix of one 3-bedroom 'owner-unit', two 2-bedroom units, and one 1-bedroom unit, catering to a wide range of tenant profiles.
The option to purchase the adjacent property (13281 Fletcher) offers a rare opportunity for savvy investors to scale their holdings in a single location.
The inclusion of five dedicated garages is a significant asset in Southern California, providing high value for tenants and reducing street parking congestion.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10019, other record lot size in square feet = 10124.
Built in 1963, the property may require ongoing maintenance or modernization of major systems to meet contemporary energy efficiency standards.
The list price of nearly $1.9M represents a high price-per-unit, which may challenge investors seeking high immediate capitalization rates.
A very excellent property for savvy investors. Beautiful complex to add to your portfolio. Nice mix of "owner-unit" in front of 3 bedrooms and 2 baths. 2 units consist of 2 bedrooms and 2 bath, the 4th unit is above garages with 1 bedroom and 1 bath. All units are in very decent condition. 5 car garages in the back alley. Can't beat the location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,060 | 4,301 | 33% |
| Lot Size | 10,019 | 9,201 | 67% |
| Price | $1.92M | $1.92M | 50% |
| Price per sq ft | $474 | $453 | 67% |
| Built year | 1963 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 114 | 67% |
Jun 1, 2026
$1,924,900
$1,899,000
+1% Price Increase
Initial Listing
Feb 12, 2026
$1,899,000
Initial Listing
Jun 26, 2023
$1,810,000
Public Record