Rare Dual-Unit Investment Opportunity in Prime Garden Grove Location Don’t miss this exceptional chance to own a truly rare two-unit property in one of Garden Grove’s most sought-after neighborhoods. Situated on a single lot, this investment features two fully detached single-family homes, offering incredible versatility for owner-occupants, investors, or 1031 exchange buyers. Unit 1 – Brand New ADU (Built in 2025) This newly constructed 4-bedroom, 2-bathroom Accessory Dwelling Unit offers approximately 1,200 sq. ft. of modern living space, complete with a detached 2-car garage. Designed with comfort and efficiency in mind, this unit is projected to command market rent of approximately $4,000/month. Unit 2 – Remodeled Main Residence The tastefully updated main home features 3 bedrooms and 2.5 bathrooms across approximately 1,340 sq. ft. of living space. Updates throughout provide a turnkey living experience. The private driveway accommodates up to three vehicles, and the current rental income is $3,500/month. Additional Highlights: Separate gas and electric meters for each unit Tenants pay all utilities Low-maintenance setup with recent construction and renovations Ideal for house hacking, multi-generational living, or long-term rental strategy This is
MLS #
CRPW25130931
MLS Source
California Regional MLS
Days on Site
37
Bedrooms
Ground Floor Bedroom
Kitchen
Other
Appliances
Other, Oven - Gas, Oven Range - Gas
Dining Room
Formal Dining Room, In Kitchen
Fireplace
Living Room
Cooling
Central Forced Air
Heating
Central Forced Air, Fireplace
Roof
Shingle
Foundation
Raised, Slab
Pool
None
Style
Contemporary
Garage/Parking
Common Parking - Public, Garage, Gate/Door Opener, Parking Area, Garage: 2 Car(s)
Elementary District
Garden Grove Unified
High School District
Garden Grove Unified
HOA Fee
$0
11662 Magnolia St is a Single Family Residence in Garden Grove, CA 92841. This 2,520 square foot property sits on a 7,200 Sq Ft Lot and features 7 bedrooms & 4 full bathrooms. It is currently priced at $1,499,000 and was built in 1955.
This address can also be written as 11662 Magnolia St, Garden Grove, CA 92841.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 14, 2025. For the most current information, please contact Nam Ba Nguyen, (562) 348-6069