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Status: ACTIVE

11081 Iris Dr 
Garden Grove, CA 92840

2% Drop

$1,575,000

$1,545,000

------/mo*
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Incredible 2-UNITS ON ONE LOT for $787,500 Each UNIT In the heart of Garden Grove. Dont miss this opportunity to own a highly desirable property featuring a fully remodeled home and a brand-new construction Detached Single Family Home perfect for investors, 1031 exchange buyers, or owner-occupiers seeking rental income. Unit 1 BRAND NEW Detached Single Family Home (Built in 2025) - Modern 3BED / 2BATH 1,030 SF with a 2-car garage, Central A/C & Heat. Market Rent: $4,000/month. Unit 2 Fully Remodeled - Spacious 3BED / 2BATH approx. 1,050 SF with 2-car driveway parking, Central A/C & Heat. Current Rent $3,500/month. Total Rental Income: $7,500/month. Separate Gas & Electricity meters tenants pay all utilities. Each unit features open-concept layouts, modern cabinetry, quartz countertops, high-end appliances, vinyl flooring, Central A/C & Heat, recessed lighting, walk-in closets, and in-unit washer/dryer hookups. With quality renovations and new construction, this is a low-maintenance property for the next 10+ years. Located in a prime Garden Grove neighborhood close to schools, shopping, dining, and freeway access.
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Bedrooms
6
Baths
4
House Size
2,080 sqft
Year Built
2025
Lot Size
0.17 ac

Location

Market Insights

In the last 30 days, homes for sale in 92840, Garden Grove, CA were on the market for a median of 19 days and 45.46% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Gas Range
cooling
Central Air
flooring
Linoleum
Vinyl
heating
Forced Air
laundry features
Washer Hookup
view
Neighborhood

Exterior Information

fence
Vinyl
roof
Shingle

Property Information

community
Sidewalks
parking
Garage
security features
Carbon Monoxide Detector(s)
sewer
Public Sewer
water source
Public
  • Listed By Nhi Phan
  • Nhiprealty@gmail.com
  • Real Broker
  • (619) 248-6434
  • jason@joinreal.com
  • MLS OC25158558

Monthly Payments Calculator

Estimated Monthly Cost

$9,728

30 year fixed·6.9% interest rate
Principal & Interest
$8,140
Property Taxes
$1,288
Home Insurance
$300
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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