11662 Magnolia Street, Garden Grove, CA 92841 (MLS # PW25192985)

Price $1,470,000
Status Active
Beds 7
Baths 4.5 Baths
Home size 2,520 sqft
Lot Size 7,201 sqft
Days on Market 14
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.
Property Type(s): Single Family
Last Updated 8/27/2025 Tract Grove at the Park (GRPK)
Year Built 1955 Community 62 - Garden Grove N of Chapman, W of Euclid
Garage Spaces 2.0 County Orange

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES ENERGY STAR Qualified Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater
AREA 62 - Garden Grove N of Chapman, W of Euclid
FIREPLACE Yes
GARAGE Yes
HEAT Central
INTERIOR Eat-in Kitchen, Recessed Lighting
LOT 7200 sq ft
PARKING Garage, Garage Faces Rear
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION Grove at the Park (GRPK)
UTILITIES Natural Gas Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public

Location

 

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Listed with Realty One Group West

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