9861 Acacia Avenue, Garden Grove, California 92841, Garden Grove, 92841 - 0 bed, 0 bath
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9861 Acacia Avenue
Garden Grove, California 92841
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,905Sq Ft
7,199Lot Size
Property Price
LIST PRICE$1,325,000
EST. MARKET VALUE
$1,379,574
3% BelowMARKET VALUE
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $1,400,000—positioned well below the $1,432,075 Fair Market Value by 2%. This valuation gap offers $32,075 in Instant Equity. Featuring a Uniform Unit Mix of 2BR/1BA units, the property includes three garages, on-site laundry, and private decks and patios. While the Fair Condition Rating suggests a need for modernization, the rental upside makes this an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors seeking stable, long-term cash flow.
Estimated Market Value
$1,379,574+$54,574 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Garden Grove.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1961, this 63-year-old triplex is functional but dated. The exterior shows older window AC units and original architectural features, suggesting systems and interiors are likely past their 20-30 year lifecycle. The listing's mention of 'rental upside' indicates that kitchens and baths require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Uniform Unit Mix
The property consists entirely of 2-bedroom, 1-bathroom units, a highly desirable configuration that typically attracts stable, long-term tenants and simplifies property management.
- Value-Add Potential
With identified rental upside, this triplex presents a strong opportunity for investors to increase Net Operating Income through strategic renovations or market-rate adjustments.
- Tenant Amenities
The inclusion of three dedicated garages, on-site laundry, and private outdoor spaces like patios and decks significantly enhances tenant retention and market competitiveness.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1961, the property may require significant capital expenditure for deferred maintenance or upgrades to aging mechanical, electrical, and plumbing systems.
- Initial Yield Compression
At a list price of $1.4 million, the entry cost per unit is substantial, potentially resulting in a lower initial capitalization rate until the projected rental upside is realized.
About 9861 Acacia Avenue
9861 Acacia Avenue is a three-unit multifamily investment in Garden Grove offering a compact, well-located asset with clear rental upside. Built in 1961 on a 7,199 SF lot, the property totals 2,905 SF and is configured entirely as 2BR/1BA units — a tenant-friendly mix that supports stable occupancy. Parking is provided via three garages, and select units include patio and deck space along with on-site laundry.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1961
- Lot Size
- 7,199 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 2,905 | 3,791.167 |
| Lot Size | 7,199 | 8,960.833 |
| Price | $1.32M | $1.66M |
| Price per sq ft | $456 | $453 |
| Built year | 1961 | 1959 |
| HOA | $0 | $0 |
| Days on market | 39 | 63 |
Pricing History
Listed for Sale
Oct 21, 2026
$1,325,000
$1,400,000
-5% Price Drop
Initial Listing
Price Change
Sep 16, 2026
$1,400,000
Initial Listing
Sold
Mar 26, 1998
$236,000
Public Record