$10,000 Closing Credit¹
#PW24197021, Letty Watt, Listing Office: eXp Realty of California Inc
$1,550,000 List price
11402 Morgan Ln Garden Grove, CA 92840
$10,000
Closing credit¹
6 beds
4 full
2,200 sqft
0.2 acres
$705 / sqft
House
Property details
About 11402 Morgan Ln
Incredibly Rare 2-UNIT investment property nestled in the highly desirable neighborhood of Garden Grove. 2 Detached Single-Family Homes. Unit 1-BRAND NEW ADU: Completed in 2025, Detached from the Main House, 3BED / 2BATH, approx. 1,050SF, 2-Car Driveway Parking. Market Rent: $3,500/month. Unit 2-FULLY REMODELED Main House: Loaded with new upgrades: 3BED / 2 BATH, approx. 1,150SF, Current Rent: $3,600/month. Separate Gas and Electric meters; tenants pay for all utilities. Maintenance will be hassle-free for the next 10+ years. Perfect for first time homeowners looking to live in one unit and rent out the other two units. Ideal choice for 1031-exchange opportunity, homeowners and investors. Don't miss this profitable opportunity!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,200 sqft
Lot size0.1652 Acres
Year builtNew Const., 2024
ParkingDriveway, On Street
MLS #OC25011997
Attached garage2 spaces
ViewNeighborhood
Summary
- MLS Number: OC25011997
- MLS Name: CRMLS
- Office Name: NRI Group
- Office Phone: (714) 867-7779
- Listing Agent: Nhi Phan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,550,000
11402 Morgan Ln
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 11, 2024 | Home Sold | $905,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $66,136 | $1,223 |
| 2023 | $64,840 | $1,196 |
| 2022 | $63,569 | $1,168 |
| 2021 | $62,323 | $1,153 |
| 2020 | $61,684 | $1,140 |
| 2019 | $60,475 | $1,023 |
| 2018 | $59,290 | $1,023 |
| 2017 | $58,128 | $1,010 |
History based on county public records data.
Nearby schools
7
Parkview Elementary School
Public District KG-6
0.4 mi
•12272 Wilken Way
5
Stoddard Elementary School
Public District KG-6
0.6 mi
•1841 S Ninth St
6
Genevieve M. Crosby Elementary School
Public District KG-6
0.8 mi
•12181 West St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $70,192. Most Garden Grove, CA residents have annual incomes between $35k-100k. Most families are married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
46%
35k-100k
29%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Live Theatre
Hiking/backpacking
Where do the neighbors shop?
IKEA
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Quiznos
Boston Market
Starbucks
What do the neighbors drive?
Lexus
Mercedes
Audi
What do the neighbors listen to?
Soft Adult Contemporary
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 11402 Morgan Ln
This home is located at 11402 Morgan Ln in Garden Grove, CA and zip code 92840. This 2,200 square foot home, which was built in 2024, sits on a 0.17 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $1,550,000.
In February 2025 more than 23 listings in Garden Grove, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 14 were sold below. Between January and February 2025, Garden Grove, CA real estate market has seen increase in the number of listings by 4.8%. The median list price of listings available in February 2025 was $937,772, while the average time on the real estate market was 24 days.
From Rocket Homes Real Estate and based on county public records data.