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13301 Verde Street, Garden Grove, California 92844, Garden Grove, 92844 - bed, bath

13301 Verde Street, Garden Grove, California 92844 home-pic-0
ACTIVE UNDER CONTRACT$2,050,000$4,231/sqft
13301 Verde Street, Garden Grove, California 92844
0Bed
0Bath
4,231Sqft
8,106Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Multifamily Investment Potential: This four-unit property is explicitly marketed as a 'pride-of-ownership asset' ideal for both owner-users and investors, offering 'stable in-place income with low ongoing maintenance' and 'strong long-term appreciation potential' in a desirable rental market.
Top Cons:
Property Age: Built in 1963, the property is over 60 years old. While the front unit is remodeled, the age of the other units and overall infrastructure may lead to higher maintenance costs or require significant capital expenditures for updates in the future.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1963 (63 years old).
Condition: The property, built in 1963, benefits significantly from a 'fully remodeled' front unit, as evidenced by the modern kitchen with grey shaker cabinets, quartz countertops, and new stainless steel appliances, as well as the updated bathrooms featuring contemporary vanities, fixtures, and stylish tiled walk-in showers. The flooring throughout this unit is clean tile, and lighting includes recessed lights and modern ceiling fans. While the overall building is over 60 years old and the condition of the other three units is not detailed (though described as 'well-maintained'), the extensive and recent renovation of the primary unit elevates the property's condition to 'Good,' making it move-in ready with no immediate renovation required for the showcased unit.
Year Built
1963
Close
-
List price
$2.05M
Original List price
$2.05M
Price/Sqft
$485
HOA
-
Days on market
-
Sold On
-
MLS number
PW25279236
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Welcome to 13301 Verde Street, a well-maintained four-unit multifamily property located in the heart of Garden Grove. This pride-of-ownership asset is ideal for both owner-users and investors seeking stable in-place income with low ongoing maintenance. Situated in a prime Garden Grove location, the property offers an excellent balance of suburban living and everyday convenience. Just minutes from Little Saigon, residents enjoy easy access to renowned Vietnamese dining, bakeries, and coffee shops. Huntington Beach is approximately 15 minutes away, offering coastal recreation, fresh ocean air, and the iconic pier. South Coast Plaza is also nearby, providing world-class shopping and acclaimed dining destinations. The front unit features a spacious three-bedroom, two-bathroom layout and has been fully remodeled. Highlights include a cozy living room, granite countertops, generous bedroom sizes with large closets, and French sliding doors that open to a private backyard—ideal for entertaining or family gatherings. This unit also benefits from three additional parking spaces in front. The remaining units include two two-bedroom, two-bathroom units and a one-bedroom, one-bathroom unit located above the garage with a long-term tenant in place. Each unit offers a private patio or balcony, a dedicated garage, and an additional assigned parking space. A separate on-site laundry facility provides additional income potential. Located on a corner lot in a quiet residential neighborhood, the property is close to restaurants, shopping, highly rated schools, and convenient freeway access. This is a rare opportunity to acquire a well-located multifamily asset with strong long-term appreciation potential in one of Orange County’s most desirable rental markets.

J
Julie Nguyen
Listing Agent

Price History

Date
Event
Price
05/27/14
Sold
$930,000
05/08/06
Sold
$1,130,000
01/16/04
Sold
$779,000
Condition Rating
Good
The property, built in 1963, benefits significantly from a 'fully remodeled' front unit, as evidenced by the modern kitchen with grey shaker cabinets, quartz countertops, and new stainless steel appliances, as well as the updated bathrooms featuring contemporary vanities, fixtures, and stylish tiled walk-in showers. The flooring throughout this unit is clean tile, and lighting includes recessed lights and modern ceiling fans. While the overall building is over 60 years old and the condition of the other three units is not detailed (though described as 'well-maintained'), the extensive and recent renovation of the primary unit elevates the property's condition to 'Good,' making it move-in ready with no immediate renovation required for the showcased unit.
Pros & Cons

Pros

Multifamily Investment Potential: This four-unit property is explicitly marketed as a 'pride-of-ownership asset' ideal for both owner-users and investors, offering 'stable in-place income with low ongoing maintenance' and 'strong long-term appreciation potential' in a desirable rental market.
Prime Location & Accessibility: Situated in a 'prime Garden Grove location' on a corner lot, residents benefit from 'excellent balance of suburban living and everyday convenience,' with close proximity to Little Saigon, Huntington Beach, South Coast Plaza, highly rated schools, and convenient freeway access.
Remodeled Front Unit: The spacious front 3-bedroom, 2-bathroom unit has been 'fully remodeled' with modern features like granite countertops, generous bedroom sizes, and French sliding doors leading to a private backyard, enhancing its appeal and potential rental value or owner-user experience.
Diverse Unit Mix & Ample Parking: The property offers a versatile unit mix (3-bed, 2-bed, 1-bed) catering to various tenant needs. Each unit benefits from a dedicated garage and an additional assigned parking space, a significant advantage for multi-unit properties.
Additional Income Stream: A separate on-site laundry facility provides an additional income potential, contributing to the property's overall profitability and attractiveness for investors.

Cons

Property Age: Built in 1963, the property is over 60 years old. While the front unit is remodeled, the age of the other units and overall infrastructure may lead to higher maintenance costs or require significant capital expenditures for updates in the future.
Partial Renovation Details: Only the front unit is highlighted as 'fully remodeled.' The condition and level of updates for the remaining three units are not detailed, suggesting they may be in original or less updated condition, potentially impacting their rental income potential or requiring future investment.
Lack of HVAC Information: The property description does not mention the presence of air conditioning or modern HVAC systems in any of the units, which could be a drawback for tenant comfort and desirability, especially during warmer months in Southern California.
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