8851 La Grand Avenue, Garden Grove, California 92841, Garden Grove, 92841 - 3 bed, 2 bath
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Garden Grove, California 92841
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned well above the $877,280 Fair Market Value by -13%. While the home requires interior modernization, its Fair Condition Rating is offset by a massive 8,800 sqft corner lot and recent structural upgrades, including a new roof and windows. The expansive yard and dual driveways offer significant potential for an ADU or pool. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8851 La Grand Avenue Subject | $999,000* List Price | 3 | 2 | 1,316 | $667 | - |
A 8621 Salish Road Sold | $1,020,000 | 4 | 2 | 1,210 | $843 | 0.5 mi |
B 9762 Gamble Sold | $940,000 | 3 | 2 | 1,400 | $671 | 0.9 mi |
C 11681 Wasco Sold | $989,000 | 4 | 2 | 1,467 | $674 | 0.6 mi |
D 8642 Joyzelle Active Under Contract | $885,000 List Price | 3 | 2 | 1,413 | $626 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956, this 70-year-old home is well past the 30-50 year threshold for major systems. While the roof and windows are recently updated, the agent's focus on 'incredible potential' and the lack of mentioned interior renovations suggest the kitchen, bathrooms, and core systems require a full rehab to be modernized.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8800, living area = 1316.
The oversized 8,800 sqft corner lot provides exceptional outdoor space and significant versatility, offering ample room for a swimming pool, professional landscaping, or a future Accessory Dwelling Unit (ADU).
With a recently installed new roof and updated windows, the property has already addressed major high-cost maintenance items, offering immediate value and long-term peace of mind for the buyer.
The description of 'incredible potential' suggests that while structural bones are solid, the interior living spaces likely require cosmetic or functional updates to meet contemporary luxury standards.
The property lacks any significant views, which may be a disadvantage for buyers seeking the aesthetic appeal of city lights or natural landscapes common in higher-elevation neighborhoods.
Situated on an oversized corner lot, this three-bedroom, two-bath home offers incredible potential. The home features updated windows, a new roof, and an attached enclosed patio that can serve as an entertaining space or be thoughtfully incorporated into expanded living space. The spacious yard creates endless possibilities, whether envisioning a garden, pool, or future ADU. Two paved driveways provide ample parking and added flexibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,316 | 1,487 | 28% |
| Lot Size | 8,800 | 8,400 | 56% |
| Price | $999.0K | $1.10M | 40% |
| Price per sq ft | $759 | $688 | 65% |
| Built year | 1956 | 1955 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 151 | 5% |
May 21, 2026
$999,000
Initial Listing