Garden Grove, CA 92841,11662 Magnolia Street
Garden Grove, CA 92841,11662 Magnolia Street
Garden Grove, CA 92841,11662 Magnolia Street
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Listed by Nam Ba Nguyen • Realty One Group West
$1,470,000
Est. payment /mo
7 Beds
5 Baths
2,520 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $583

MLS Listing ID PW-25192985

Bedrooms 7

Full Baths 4

Half Baths 1

Year Built 1955

Lot Size 7,200 Sqft

Property Sub-Type Single Family Residence

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

Area 62 - Garden Grove N Of Chapman, W Of Euclid

Interior

Interior Features Recessed Lighting, Quartz Counters, Remodeled Kitchen

Heating Central

Cooling Central Air, High Efficiency

Flooring Vinyl

Fireplaces Type Family Room, Gas

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Garage Spaces 2.0

Pool None

Community Features Urban

Utilities Available Sewer Connected, Water Connected, Natural Gas Connected

View Y/N Yes

Building

Lot Description Utilities - Overhead, Walkstreet, 0-1 Unit/Acre

Sewer Public Sewer


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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate | License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

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