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Status: ACTIVE

11662 Magnolia St 
Garden Grove, CA 92841

$1,470,000

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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.
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Bedrooms
7
Baths
4.5
House Size
2,520 sqft
Year Built
1955
Lot Size
0.17 ac

Location

Market Insights

In the last 30 days, homes for sale in 92841, Garden Grove, CA were on the market for a median of 28 days and 40% of homes sold above list price.

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Interior Information

appliances
Microwave
Gas Oven
Gas Range
cooling
Central Air
fireplace
Gas
Family Room
flooring
Linoleum
Vinyl
heating
Forced Air
laundry features
Washer Hookup
view
Neighborhood

Exterior Information

roof
Shingle

Property Information

accessibility
Accessible Hallway(s)
parking
Garage
sewer
Public Sewer
subdivision name
Grove At The Park (grpk)
utilities
Natural Gas Available
Natural Gas Connected
Sewer Connected
Water Connected
water source
Public
  • Listed By Nam Ba Nguyen
  • banam2580@gmail.com
  • (562) 348-6069
  • Realty One Group West
  • (714) 602-2600
  • MLS PW25192985

Monthly Payments Calculator

Estimated Monthly Cost

$9,270

30 year fixed·6.9% interest rate
Principal & Interest
$7,745
Property Taxes
$1,225
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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