
Garden Grove, California 92844
This Multi-Unit Residential Asset is a Strong Value Opportunity, listed at $1,250,000—positioned above the $1,183,966 Fair Market Value. While priced at a premium, the property features a unique 3-unit configuration with separate entrances and dual laundry areas, generating significant monthly rental income. With a Condition Rating of 4, the home offers functional living spaces including a Granite Kitchen and Enclosed Patio. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage house-hacking strategies in the high-demand Garden Grove market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9802 Kern Avenue Subject | $1,250,000* List Price | 4 | 3 | 1,746 | $678 | - |
A 13702 Cork Sold | $1,068,000 | 4 | 2 | 1,644 | $650 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, this property is over 50 years old but has received mid-life updates including granite countertops and laminate flooring (likely 15-20 years old). While the listing describes it as 'neat and clean,' the interior remains dated with older tile work and fireplace finishes. A significant concern is the presence of a portable space heater in the bedroom, which often indicates an inadequate or non-functional central HVAC system. The property is functional for rental purposes but requires minor repairs and system updates to meet modern standards.
The property is uniquely configured into three separate units with independent entrances, offering a projected rental income of $3,250 per month, making it an ideal opportunity for house hacking or multi-generational living.
Situated in a highly desirable area near Little Saigon (Brookhurst/Hazard), the home benefits from excellent proximity to cultural hubs, shopping, and dining, ensuring high tenant demand and long-term value.
The residence features fresh paint, granite countertops, and specialized infrastructure including dual laundry areas (with coin-op for tenants) and ample parking, allowing for immediate occupancy without initial capital improvements.
The conversion of a single-family residence into three separate units may raise concerns regarding zoning compliance and building permits, which could complicate traditional financing or future resale.
At a list price of $1.25 million for 1,746 square feet, the property carries a premium price point that may be difficult to justify for buyers not specifically seeking a multi-unit rental configuration.
4 beds/3 baths home, living space 1,742 sqft. Located close to Little Saigon (Brookhurst/Hazard), The house is divided into 3 units with 3 separate entrances ready for a family to live in the main house and also earning extra $3,250/month for renting 2 others master bedrooms; Main house 2 bedroom/1 full bath plus 1 office/guest room, direct garage access to kitchen with granite counter top and eating area, large living room with fireplace; 1 big master bedrooms plus extra room can use as another bedroom/office (estimate rent $1,800/M) and a master bedroom (estimate rent $1,450/M). 2 separated laundry areas (washer & dryers included) for owner and coin laundry for tenants. There are indoor and outdoor cooking areas for tenants in enclosed patio. Plenty of parking. Neat and clean with fresh paint. Come and see it yourself. You will love it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,746 | 1,574.458 |
| Lot Size | 6,012 | 7,206.15 |
| Price | $1.25M | $1.09M |
| Price per sq ft | $716 | $723 |
| Built year | 1967 | 1957 |
| HOA | $0 | $227 |
| Days on market | 13 | 43 |
Aug 27, 2026
$1,250,000
Initial Listing
Apr 10, 2008
$475,000
Public Record
Dec 4, 2007
$455,000
Public Record
Nov 5, 2003
$410,000
Public Record
Nov 6, 1995
$125,000
Public Record