12231 Bluebell Ave, Garden Grove, CA 92840 (MLS # OC26028657)

Price $1,999,900
Status Active
Beds 5
Baths 3 Baths
Home size 1,500 sqft
Lot Size 7,506 sqft
Days on Market 4
This exceptional Garden Grove property presents a rare and highly versatile investment opportunity with three units on one lot, ideal for an owner-occupant looking to live in one unit while generating income from the others, or for investors seeking strong rental potential. The main residence offers 5 bedrooms and 3 bathrooms, including two primary suites, and is in move-in ready condition. Attached is a JADU featuring 2 bedrooms and 1 bathroom, complete with a full kitchen and separate laundry area, providing excellent rental or multigenerational living flexibility. At the rear of the property is a detached ADU with its own separate address, offering 2 bedrooms and 2 bathrooms and equipped with separate gas, electric, and water meters, allowing for independent tenancy and simplified utility management. With three rentable units, this property offers strong projected rental income potential, with the opportunity to offset a significant portion"”or potentially all"”of the monthly mortgage depending on rental strategy and market conditions. Situated in a desirable neighborhood close to freeways, shopping, dining, and daily conveniences, this is a rare opportunity to secure long-term value, flexibility, and income in one of Garden Grove's most convenient locations.
Property Type(s): Single Family
Last Updated 2/7/2026 Tract other
Year Built 1957 Community 64 - Garden Grove E of Euclid, W of Harbor
Garage Spaces 2.0 County Orange

Additional Details

AIR Central Air, Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA 64 - Garden Grove E of Euclid, W of Harbor
FIREPLACE Yes
GARAGE Yes
LOT 7505 sq ft
LOT DIMENSIONS 7507
POOL DESCRIPTION None
SEWER Private Sewer
STORIES 1
SUBDIVISION other
VIEW DESCRIPTION None
WATER Public

Location

 

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Listed with Copley Realty

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