Magnolia ST Lot 0605
Garden Grove, CA, 92844
$6,650,000
Beds
0 Baths
0 SqFt
0.63 Acres
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13392 Magnolia Street is a 15-unit multifamily community located in Garden Grove, California. Originally comprised of 11 apartments and a single-family home, the property was thoughtfully expanded in 2022 with the addition of three brand-new accessory dwelling units (ADU). Today, the community features a highly desirable and diverse mix of five two-bedroom/one-bath apartments, eight two-bedroom/one-and-a-half-bath townhomes, one three-bedroom/two-bath home, and one four-bedroom/two-bath home. Residents enjoy a variety of amenities including a spacious courtyard, nine units with private patios, two units with private yards, an on-site laundry facility, and a combination of garage, tuck-under, and surface parking options. The community’s original units have been extensively renovated with dual-pane windows, ceiling fans, recessed lighting, granite countertops, shaker-style cabinets, stainless steel appliances, vinyl flooring, and more. The newly constructed ADUs further elevate the property with high-quality finishes such as quartz countertops, modern bathroom vanities, and efficient mini-split or central air conditioning systems, offering a modern and attractive living environment. 13392 Magnolia Street benefits from its prime Garden Grove location. To the northeast, tenants enjoy convenient access to Hanmi Plaza, while the H Mart anchored retail center at Garden Grove Boulevard and Magnolia Street provides everyday shopping and dining options just minutes away. To the south, the property is positioned near the vibrant cultural hub of Little Saigon, offering a rich mix of restaurants, retail, and community amenities. Families are supported by proximity to Bolsa Grande High School, while outdoor recreation is available nearby at Garden Grove Park. Furthermore, the property offers excellent regional connectivity with direct access to State Route 22, linking residents to employment and entertainment hubs throughout Orange and Los Angeles Counties. This offering presents investors with the opportunity to acquire a well-located, fully improved multifamily community in the heart of Garden Grove.

Property Details

Price:
$6,650,000
MLS #:
OC25214241
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
63
Listed Date:
Sep 10, 2025
Total Sq Ft:
14,879
Lot Size:
27,443 sqft / 0.63 acres (approx)
Year Built:
1951
63

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Schools

Interior

Laundry Features
AR

Exterior

Community Features
SDW, CRB, CW
Parking Spots
28

Financial

Gross Operating Income
$479,402
Maintenance Fee
$12,000
Net Operating Income
$335,073

Map

Community

Market Summary

Current real estate data for Single Family in Garden Grove as of Oct 31, 2025
89
Single Family Listed
38
Avg DOM
534
Avg $ / SqFt
$1,105,662
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, Magnolia ST Lot 0605 Garden Grove CA is a Single Family for sale in Garden Grove, CA, 92844. It is listed for $6,650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1951. The average price per square foot for Single Family listings in Garden Grove is $534. The average listing price for Single Family in Garden Grove is $1,105,662.

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