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9022 Marlene Avenue, Garden Grove, California 92841, Garden Grove, 92841 - 6 bed, 4 bath

9022 Marlene Avenue, Garden Grove, California 92841 home-pic-0
ACTIVE UNDER CONTRACT$1,499,000
9022 Marlene Avenue, Garden Grove, California 92841
6Beds
4Baths
2,106Sqft
7,315Lot

Price Vs. Estimate

The estimated value ($1,418,121.095) is $80,878.905 (5%) lower than the list price ($1,499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Dual Income Property: Features two separate, permitted homes (main house + newly built ADU) with individual utility meters, offering significant rental income potential ($7,000/month combined).
Top Cons:
Original Construction Age: The main house, built in 1955, despite extensive remodeling, retains an older foundation and structural elements that may require future attention.

Compared to the nearby listings

Price:$1.50M vs avg $1.10M (+$399,000)96%
Size:2,106 sqft vs avg 1,580 sqft89%
Price/sqft:$712 vs avg $67767%

More Insights

Built in 1955 (70 years old).
Condition: The property consists of two units: a main house and a newly built ADU. The main house has been 'totally remodeled' with new appliances, high-quality self-close kitchen cabinets, quartz countertops, and a new gas range. The ADU is 'NEWLY BUILT' with nine-foot ceilings, recessed lighting, quality cabinets, quartz countertops, and paid-off solar. Images confirm modern, virtually new kitchens with stainless steel appliances and updated bathrooms with contemporary vanities and fixtures. Flooring throughout is new wood-look laminate/hardwood and tile. The extensive and recent renovations across both units, despite the main house's original build year of 1955, meet the criteria for an 'excellent' condition score.
Year Built
1955
Close
-
List price
$1.5M
Original List price
$1.44M
Price/Sqft
$712
HOA
-
Days on market
-
Sold On
-
MLS number
PW24253780
Home ConditionExcellent
Features
Patio
View-

About this home

TWO HOMES ON ONE LOT! 4/2 IN FRONT 2/2 ADU IN BACK! SEE SUPPLEMENTS FOR APPRAISAL DONE IN SEPTEMBER WITH $1,466,400 (cost approach) and $143,900 (sales comp approach)., completed termite, home inspection (detailed pictures in report) and permits! Permitted and ready to move in, rent out or a combination of both! Each house has its own utility meters: gas, electrical, water. Super long driveway with 3 total garage spaces, and a ton of space to park more vehicles. The main home is 1358 square feet, totally remodeled, new appliances, new permitted master bedroom, high quality self-close kitchen cabinets, quartz countertops, new gas range and more! Market rent could be $4300 per month. Back unit is a NEWLY BUILT ADU 748 square feet, permitted with paid off solar! Enjoy nine-foot ceilings, recessed lighting, quality cabinets and quartz countertops and indoor laundry area Market rent could be $2700 per month. Address for ADU is 9026 Marlene. DRIVE BY ONLY, OFFER SUBJECT TO INTERIOR INSPECTION- WILL BE DELIVERED VACANT...SERIOUS OFFERS ONLY!

Condition Rating
Excellent
The property consists of two units: a main house and a newly built ADU. The main house has been 'totally remodeled' with new appliances, high-quality self-close kitchen cabinets, quartz countertops, and a new gas range. The ADU is 'NEWLY BUILT' with nine-foot ceilings, recessed lighting, quality cabinets, quartz countertops, and paid-off solar. Images confirm modern, virtually new kitchens with stainless steel appliances and updated bathrooms with contemporary vanities and fixtures. Flooring throughout is new wood-look laminate/hardwood and tile. The extensive and recent renovations across both units, despite the main house's original build year of 1955, meet the criteria for an 'excellent' condition score.
Pros & Cons

Pros

Dual Income Property: Features two separate, permitted homes (main house + newly built ADU) with individual utility meters, offering significant rental income potential ($7,000/month combined).
Extensive Modern Renovations: The main house is 'totally remodeled' with new appliances, a permitted master bedroom, high-quality kitchen cabinets, and quartz countertops, ensuring modern comfort and aesthetics.
Energy-Efficient ADU: The newly built ADU includes paid-off solar panels, nine-foot ceilings, recessed lighting, and quality finishes, enhancing its appeal and reducing operating costs.
Abundant Parking: A super long driveway with three garage spaces and ample additional parking is a practical advantage, especially for a multi-unit property.
Pre-Inspected & Permitted: The property comes with completed termite and home inspections, and all structures are permitted, providing buyer confidence and a smooth transaction.

Cons

Original Construction Age: The main house, built in 1955, despite extensive remodeling, retains an older foundation and structural elements that may require future attention.
Restricted Initial Viewing: The 'DRIVE BY ONLY, OFFER SUBJECT TO INTERIOR INSPECTION' condition may deter some prospective buyers who prefer a full viewing before making an offer.
Unspecified Cooling System: The property description does not mention the presence of an air conditioning system, which could be a significant drawback in Southern California's climate.

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