RealKey
‪(213) 433-7766‬

8532 Twana Drive, Garden Grove, California 92841, Garden Grove, 92841 - 4 bed, 2 bath

8532 Twana Drive, Garden Grove, California 92841 home-pic-0
ACTIVE$1,250,000
8532 Twana Drive, Garden Grove, California 92841
4Beds
2Baths
1,688Sqft
8,777Lot

Price Vs. Estimate

The estimated value ($785,254.375) is $464,745.625 (37%) lower than the list price ($1,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8777, living area = 1688.
Top Cons:
Significant Overpricing Indication: The current list price of $1.25M is considerably higher than the estimated property value of $785K, suggesting a potential overvaluation that could deter buyers or complicate financing.

Compared to the nearby listings

Price:$1.25M vs avg $1.10M (+$150,000)84%
Size:1,688 sqft vs avg 1,580 sqft60%
Price/sqft:$741 vs avg $67771%

More Insights

Built in 1954 (71 years old).
Condition: Despite being built in 1954, this property has undergone an extensive and high-quality renovation, making it virtually new inside. The main house and studio apartment feature new vinyl flooring, modern white shaker cabinets, quartz countertops, brand-new kitchen appliances (gas range, hood, dishwasher), new pendant and recessed lighting, fresh paint, new doors, windows, sliding door, HVAC, and furnace. The overall aesthetic is contemporary and move-in ready, with all visible components and major systems appearing new or recently replaced, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1954
Close
-
List price
$1.25M
Original List price
$1.27M
Price/Sqft
$741
HOA
-
Days on market
-
Sold On
-
MLS number
OC24230515
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Welcome to 8532 Twana Dr! This stunning property offers 1,688 sq. ft. of living space on an expansive 8,777 sq. ft. lot with potential for an additional ADU. The beautifully upgraded main house features 4 bedrooms and 2 bathrooms across 1,204 sq. ft., boasting new vinyl floors, white shaker cabinets, quartz countertops, elegant new pendant lights, and recessed lighting throughout. The remodeled kitchen equipped with a brand-new gas range, hood, and dishwasher, making it both functional and stylish. Freshly painted inside and out, with new doors, windows, sliding door, HVAC, and furnace, this home is Move-In Ready. Outside, enjoy a new patio and a unique layout featuring two separate garages. The 2-car garage can be used for parking or transformed into a junior ADU, while the single-car garage offers convenient storage. Above the 2-car garage lies a Permitted 484 sq. ft. Studio Apartment with its own Kitchen, Bathroom, and separate access—perfect for rental income or guest accommodations. With a huge driveway accommodating up to six cars, this property combines style, space, and versatility, perfectly located in a desirable Garden Grove neighborhood. Live in the main house, rent out the studio, and add an ADU to maximize your investment. Don’t miss this rare opportunity in a desirable Garden Grove neighborhood!

Condition Rating
Excellent
Despite being built in 1954, this property has undergone an extensive and high-quality renovation, making it virtually new inside. The main house and studio apartment feature new vinyl flooring, modern white shaker cabinets, quartz countertops, brand-new kitchen appliances (gas range, hood, dishwasher), new pendant and recessed lighting, fresh paint, new doors, windows, sliding door, HVAC, and furnace. The overall aesthetic is contemporary and move-in ready, with all visible components and major systems appearing new or recently replaced, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8777, living area = 1688.
Exceptional Income Potential & Versatility: Features a permitted 484 sq. ft. studio apartment with separate amenities and access, offering immediate rental income or flexible living arrangements, plus potential for an additional ADU on the expansive lot.
Extensive Modern Renovations: Recently upgraded throughout with new vinyl floors, a remodeled kitchen (new appliances, quartz countertops, shaker cabinets), fresh paint, new doors, windows, HVAC, and furnace, ensuring a move-in ready condition.
Generous Lot Size with Expansion Potential: An expansive 8,777 sq. ft. lot provides significant outdoor space and explicit potential for adding another Accessory Dwelling Unit (ADU), enhancing future value and utility.
Ample Parking & Storage Solutions: Boasts a large driveway capable of accommodating up to six vehicles, complemented by two separate garages (one convertible to a junior ADU, one for storage), addressing a common urban challenge.
Desirable City Lights View: The property offers a pleasant 'City Lights' view, adding to its aesthetic appeal and potential market value.

Cons

Significant Overpricing Indication: The current list price of $1.25M is considerably higher than the estimated property value of $785K, suggesting a potential overvaluation that could deter buyers or complicate financing.
Age of Original Structure: Built in 1954, the property's underlying structure is 70 years old. While extensively renovated, older foundations and systems, even if updated, can sometimes present long-term maintenance considerations.
Compact Main House Layout: The primary living space of the main house is 1,204 sq. ft. for 4 bedrooms and 2 bathrooms, which might be perceived as compact for some buyers seeking more spacious individual rooms.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state