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 a rare and versatile investment opportunity in a high-demand rental market. Whether you’re looking to offset your mortgage by living in one unit and renting the other, or seeking steady cash flow from both units, this property delivers.
Opportunities like this are few and far between—schedule your showing today!
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 a rare and versatile investment opportunity in a high-demand rental market. Whether you’re looking to offset your mortgage by living in one unit and renting the other, or seeking steady cash flow from both units, this property delivers.
Opportunities like this are few and far between—schedule your showing today!
Property Details
Price:
$1,550,000
MLS #:
PW25130931
Status:
Active
Beds:
7
Baths:
4
Address:
11662 Magnolia Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Grove at the Park GRPK
Neighborhood:
62gardengrovenofchapmanwofeuclid
City:
Garden Grove
Listed Date:
Jun 11, 2025
State:
CA
Finished Sq Ft:
2,520
ZIP:
92841
Lot Size:
7,200 sqft / 0.17 acres (approx)
Year Built:
1955
See this Listing
Mortgage Calculator
Schools
School District:
Garden Grove Unified
Interior
Appliances
Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater
Cooling
Central Air
Fireplace Features
Living Room
Flooring
Vinyl
Heating
Central, Fireplace(s)
Interior Features
Copper Plumbing Partial, Recessed Lighting
Window Features
Double Pane Windows
Exterior
Community Features
Suburban
Electric
220 Volts in Kitchen, 220 Volts in Laundry, Photovoltaics on Grid, Photovoltaics Seller Owned
Fencing
Vinyl, Wood
Foundation Details
Raised, Slab
Garage Spaces
2.00
Green Energy Efficient
Appliances, Construction, H V A C, Insulation, Thermostat, Water Heater, Windows
Green Energy Generation
Solar
Lot Features
Lot 6500-9999, Near Public Transit
Parking Features
Garage, Garage Faces Rear, Garage – Single Door, Garage Door Opener, Parking Space, Public
Parking Spots
5.00
Pool Features
None
Roof
Shingle
Security Features
Carbon Monoxide Detector(s), Fire and Smoke Detection System
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address11662 Magnolia Street Garden Grove CA
- Area62 – Garden Grove N of Chapman, W of Euclid
- SubdivisionGrove at the Park (GRPK)
- CityGarden Grove
- CountyOrange
- Zip Code92841
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11662 Magnolia Street
Garden Grove, CA
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