8561 Gloria, Garden Grove, California 92844, Garden Grove, 92844 - bed, bath
8561 Gloria
Garden Grove, California 92844
Property Price
SUMMARY
Analysis of 8561 Gloria, Garden Grove, California 92844 is currently available with a list price of $1,990,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Garden Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1972, making it over 50 years old. While it benefits from a new roof (2024) and 'select units' have received updates such as new laminate flooring, a new stove, and a new water heater, the images reveal inconsistencies. One kitchen shown features dated ceramic tile flooring, basic white cabinets, laminate countertops, and an older light fixture, indicating it has not been extensively renovated. The presence of window AC units suggests a lack of central air conditioning, which is a significant drawback. The property is aged but maintained, with functional major components that show signs of being outdated in many areas, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Investment Opportunity
This is a prime multi-unit property in a high-demand rental market, explicitly positioned as an excellent long-term investment opportunity.
- Stable Income & Occupancy
The property is occupied by long-term tenants, ensuring a consistent and reliable stream of rental income for investors.
- Recent Capital Upgrades
Significant improvements include a new roof (2024) and updates to select units (laminate flooring, stove, water heater, heater), reducing immediate capital expenditure for a new owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7238.
- Property Age
Built in 1972, the property is over 50 years old, which may imply potential for future major system replacements or maintenance needs beyond the recent updates.
- Partial Unit Renovations
Only 'select units' have received updates, suggesting potential inconsistencies in unit condition and possible future renovation costs for un-updated units to maximize rental value.
About 8561 Gloria
Prime Garden Grove Multi-Unit Investment Opportunity Well-maintained multi-unit income property located in a desirable Garden Grove neighborhood. The property features a total of nine bedrooms and approximately 4,140 square feet of living space, offering strong rental appeal and long-term investment potential. Recent capital improvements include a new roof completed in 2024. Select units have been updated with new laminate flooring, a new stove, and a new water heater, while another unit includes a newly installed heater. Each unit is individually metered for electricity, allowing for efficient utility management. Every unit includes its own private enclosed single-car garage, along with an additional enclosed garage for owner use. The property is occupied by long-term tenants, generating stable and consistent rental income. Conveniently located near schools, shopping, dining, and major amenities, with easy access to the 22 Freeway. Nearby destinations include H Mart, Business Costco, and Rodeo 39 Public Market. An excellent opportunity to acquire a well-maintained multi-unit property in a high-demand rental market.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1972
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,140 | 4,140 | 50% |
| Lot Size | 7,405 | 9,201 | 33% |
| Price | $1.99M | $1.99M | 50% |
| Price per sq ft | $481 | $481 | 50% |
| Built year | 1972 | 1978 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 105 | 33% |
Pricing History
Listed for Sale
Jan 24, 2026
$1,990,000
Initial Listing
Sold
May 14, 2002
$520,000
Public Record
Sold
Apr 27, 2001
$395,000
Public Record
Sold
Oct 6, 1999
$349,000
Public Record