9881 Reading Avenue, Garden Grove, California 92844, Garden Grove, 92844 - 3 bed, 2 bath
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9881 Reading Avenue
Garden Grove, California 92844
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,459Sq Ft
7,263Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$1,036,053
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned well below the $1,036,054 Fair Market Value by 3%. This valuation gap offers $37,054 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant value-add potential through interior modernization. The permitted back bonus room provides excellent ADU Potential for rental income. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to build long-term wealth in a prime Little Saigon location.
Estimated Market Value
$1,036,053+$37,053 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Garden Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9881 Reading Avenue Subject | $999,000* List Price | 3 | 2 | 1,459 | $710 | - |
A 13702 Cork Sold | $1,068,000 | 4 | 2 | 1,644 | $650 | 0.5 mi |
B 13752 Yoak Street Sold | $980,000 | 3 | 2 | 1,269 | $772 | 0.9 mi |
C 13312 Kerry Sold | $950,000 | 3 | 2 | 1,512 | $628 | 0.8 mi |
D 13422 Donegal Drive Sold | $1,215,000 | 3 | 2 | 1,608 | $756 | 0.7 mi |
E 9411 Russell Sold | $1,095,000 | 3 | 2 | 1,420 | $771 | 1.0 mi |
F 9802 Kern Avenue Active | $1,250,000 List Price | 4 | 3 | 1,746 | $716 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1957, the home features a significantly dated kitchen and wall-heating systems that appear to be over 30 years old. While the property is well-maintained with newer windows and real hardwood floors, the interior finishes (wallpaper, wainscoting, and cabinetry) require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential
The property includes a permitted back bonus room that offers a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), providing potential for rental income or multi-generational living.
- Prime Little Saigon Location
Situated in a highly sought-after area, the home is moments away from vibrant dining, shopping, and top-rated schools, ensuring strong long-term desirability and convenience.
- Generous Lot Size
The expansive 7,263 square foot lot with mature landscaping provides ample space for outdoor entertaining, gardening, or further property expansion in a dense urban setting.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1957, the home may require updates to original systems such as plumbing, electrical, or insulation to meet modern efficiency and safety standards.
- Compact Interior Square Footage
At 1,459 square feet, the living area may feel restrictive for larger families or buyers looking for the more open, voluminous floor plans found in newer constructions.
About 9881 Reading Avenue
Welcome to this charming classic California ranch-style home in the heart of Little Saigon. This single-story residence offers 3 bedrooms and 2 bathrooms, with a generous living area of 1,459 square feet. Real hardwood flooring and newer windows give this home a timeless and modern feel. A standout feature is the permitted back bonus room and 1-bedroom, which could potentially be converted to an ADU (buyer to verify). The primary bedroom offers an ensuite, and the 2 additional secondary bedrooms and full bathroom provide additional options for family and guests. Set on an expansive 7,263-square-foot lot with mature landscaping already in place, enjoy the endless possibilities of a vibrant garden space, an entertaining hub, or relaxing in the California sunshine. Located in a prime area, you are just moments away from highly rated schools, lively parks, a variety of shopping options, and delightful dining experiences. With easy access to major freeways, commuting and exploring the greater region is a breeze.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 7,263 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 | 3.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,459 | 1,574.458 |
| Lot Size | 7,263 | 7,206.15 |
| Price | $999.0K | $1.09M |
| Price per sq ft | $685 | $723 |
| Built year | 1957 | 1957 |
| HOA | $0 | $227 |
| Days on market | 7 | 43 |
Pricing History
Listed for Sale
Sep 2, 2026
$999,000
Initial Listing