
Garden Grove, California 92841
This property represents a High-Potential Investment Opportunity, listed at $1,499,100—positioned above the $1,192,980 Fair Market Value. While the current Condition Rating of 6 reflects the aging 1953 structure, the value lies in the Entitlement Time Savings provided by the included architectural plans for a three-unit residential compound. With Dual Street Frontage and Multi-Unit Development Potential, this asset is designed for long-term yield. This is an ideal acquisition for Buy-and-Hold Investors or Developers seeking to capitalize on high-density residential growth in Garden Grove.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9821 Stanford Avenue Subject | $1,499,100* List Price | 3 | 2 | 1,841 | $648 | - |
A 9821 Stanford Sold | $1,109,000 | 4 | 2 | 1,841 | $602 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1953 with no significant renovations, the structure shows extreme exterior neglect including peeling paint and boarded windows. The listing is marketed primarily for its land value and approved plans to replace the existing home with a new three-unit residential compound.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10366, living area = 1841.
The property is delivered with architectural and engineering plans for a three-unit residential compound totaling nearly 4,000 square feet, offering exceptional versatility for multi-generational living or high rental income.
Situated on an oversized 10,363-square-foot corner lot with dual street frontage, the parcel allows for independent access to the proposed units, maximizing privacy and functionality.
The property was recently sold within the past year on 2026-02-09. The sold price is $1,109,000.00.
With city approval and building permits not estimated until the fourth quarter of 2026, the buyer faces a significant waiting period before construction can begin.
The list price reflects the value of the proposed development rather than the existing 1953 structure, requiring a buyer with the capital and patience to execute a major construction project.
One of the most unusual offerings to reach the Garden Grove market: an oversized 10,363-square-foot corner lot with dual street frontage on Stanford Avenue and Edieth Drive, delivered with a complete, professionally prepared architectural and engineering plan set for a three-unit residential compound. The approved-in-progress design calls for a brand-new single-story main residence of approximately 2,700 square feet with six bedrooms and six bathrooms and a three-car garage, a detached 800-square-foot accessory dwelling unit with two bedrooms and two baths, and a 499-square-foot junior accessory dwelling unit with one bedroom and one bath — nearly 4,000 square feet of living space across three independent homes on a single premium parcel. The layout is purpose-built for the way families actually live today: room for extended family under separate roofs, or a strong rental-income component to offset ownership costs. The corner location and dual frontage allow independent access to the units. The plan set is currently in City of Garden Grove plan check (application A-326394). The permit has not yet been issued; City approval is estimated for the fourth quarter of 2026, and the Seller intends to obtain the building permit prior to closing. The plans, the application, and the engineering work convey to the buyer, seller assumes the engineer’s fee and the plan license transfer — saving many months of design and entitlement time versus starting from raw land. Buyer to verify all plans, permits, square footage, fees, and City requirements. Renderings depict proposed construction and are not existing improvements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,841 | 1,574.458 |
| Lot Size | 10,366 | 7,206.15 |
| Price | $1.50M | $1.09M |
| Price per sq ft | $814 | $723 |
| Built year | 1953 | 1957 |
| HOA | $0 | $227 |
| Days on market | 48 | 43 |
Jul 23, 2026
$1,499,100
Initial Listing
Feb 9, 2026
$1,109,000
Public Record