9151 Carl Ln, Garden Grove, California 92844, Garden Grove, 92844 - 6 bed, 4 bath
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Garden Grove, California 92844
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Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9151 Carl Ln Subject | $1,480,000* List Price | 6 | 4 | 2,100 | $696 | - |
A 13411 Magnolia Street Sold | $1,125,000 | 4 | 3 | 1,572 | $716 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1955, the property has undergone an extensive recent renovation. The interiors feature modern white shaker-style cabinetry, stone countertops, and stainless steel appliances in the kitchens. The units are finished with contemporary wood-look laminate flooring, recessed LED lighting, and updated bathrooms with modern vanities and tile work. The property appears to be in turn-key condition with high-quality finishes that meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9360, living area = 2100.
The property generates a robust $6,800 in total monthly gross income from two well-proportioned 3-bedroom units, providing immediate and reliable cash flow for investors.
Situated in the heart of Garden Grove near H Mart, Atlantis Play Center, and Bolsa Grande High School, the location ensures high tenant demand and long-term desirability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9360, other record lot size in square feet = 9603. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2100, other record living area = 951. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Originally built in 1955, the property may require more frequent maintenance or capital improvements to aging systems compared to modern multi-family developments.
The $1.48M list price represents a high entry point that may result in a tighter capitalization rate for investors depending on their financing and operating expenses.
Multi-Family Investment Opportunity - Discover an exceptional multi-family investment property ideally positioned in the heart of Garden Grove. This well-situated property at 9151 Carl Ln presents a compelling opportunity for investors seeking reliable rental income in one of Orange County's most established residential communities. Featuring six bedrooms and four bathrooms across multiple units, this property offers versatile configurations designed to maximize occupancy and revenue potential. The generous lot size provides ample outdoor space for tenants to enjoy, enhancing the overall appeal and livability of each unit. Dedicated parking accommodations ensure convenience for all residents, a highly valued amenity in this sought-after area. 1st unit: 3beds 2 bath. 1000sqtf living size. $3500/month income 2nd unit: 3beds/2bath. 1100 sqft living size. $3530/month income The property's attractive price point positions it as a strategic acquisition for both seasoned investors and first-time buyers entering the multi-family market. With strong rental demand throughout Garden Grove, this investment offers the potential for consistent cash flow and long-term appreciation. The location is truly outstanding. Residents will appreciate proximity to the beloved Atlantis Play Center, located just minutes away on Atlantis Way, providing family-friendly recreation. Daily conveniences are easily accessible with A.R. Supermarket and H Mart Garden Grove nearby for diverse grocery shopping options. Dining enthusiasts will enjoy establishments such as KoKo Chicken & BBQ along Garden Grove Boulevard. Families benefit from the close proximity to Bolsa Grande High School, while public transportation access at the Beach-Trask bus station ensures seamless connectivity throughout the region. The surrounding neighborhood offers a vibrant blend of cultural amenities, retail destinations, and essential services that consistently attract quality tenants and sustain strong occupancy rates. Do not miss this outstanding opportunity to add a well-positioned multi-family property to your investment portfolio. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.5 | 81% |
| Baths | 4.0 | 2.0 | 81% |
| Square foot | 2,100 | 1,404 | 75% |
| Lot Size | 9,360 | 7,350 | 75% |
| Price | $1.48M | $1.03M | 81% |
| Price per sq ft | $705 | $705 | 50% |
| Built year | 1955 | 1954 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 148 | 25% |
Feb 23, 2026
$1,480,000
Initial Listing
Feb 25, 2022
$1,300,000
Public Record
Jul 8, 2016
$490,000
Public Record
Mar 29, 2005
$400,000
Public Record
Dec 23, 2004
$350,000
Public Record