11662 Magnolia Street new

Garden Grove,CA 92841

$ 1470000

7 Beds

5.5 Baths

2520 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $583

Subdivision Grove At The Park (Grpk)

MLS Listing ID PW25192985

Bedrooms 7

Full Baths 4

Half Baths 1

Year Built 1955

Property Sub-Type Detached

Property Description

Welcome to 11662 11666 Magnolia Street, an exceptional property offering two fully detached single-family homes on one lot. Perfect for multi-generational living, rental income, or 1031 exchange investors, this setup combines modern upgrades with privacy and convenience. Unit 1 Brand-New ADU (Built in 2025) This newly constructed 4-bedroom, 2-bathroom Accessory Dwelling Unit spans approximately 1,200 sq. ft. and includes a detached 2-car garage. Designed with an open layout and modern finishes, this unit offers both comfort and efficiency. Projected rental income is approximately $4,000 per month. Unit 2 Remodeled Main Residence The main home features 3 bedrooms and 2.5 bathrooms with approximately 1,320 sq. ft. of living space. Recently remodeled with new interior paint, updated kitchens, and bathrooms, this home is move-in ready and designed for low-maintenance living for years to come. Current rental income $3500/month Estimate Total Income: $7500/month. Key Features: Separate gas and electric meters for each unit Tenants pay all utilities Private driveway plus additional parking 11666 Magnolia enjoys private alley access, ensuring full separation and privacy between homes Ideal for for living in one and rent out one, or rent out both for stable streams of income Whether you plan to live in one unit and rent the other or build long-term wealth with two strong income streams, this property is a rare find in a high-demand market. Schedule a private showing today.

Location

State CA

County Orange

Interior

Heating Forced Air Unit

Cooling Central Forced Air,High Efficiency

Flooring Linoleum/Vinyl

Fireplaces Type FP in Family Room,Gas

Laundry Gas,Washer Hookup

Exterior

Parking Features Garage

Garage Spaces 2.0

Utilities Available Natural Gas Connected,Sewer Connected,Water Connected

View Y/N Yes

View Neighborhood

Roof Type Shingle

Building

Story 1

Sewer Public Sewer

Water Public

Others

Special Listing Condition Standard

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