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$1,499,000

11662 Magnolia St Garden Grove, CA 92841

7 beds
4 full
2,520 sqft
0.2 acres
$595 / sqft
House

Property details

About 11662 Magnolia St

Rare Dual-Unit Investment Opportunity in Prime Garden Grove Location Don’t miss this exceptional chance to own a truly rare two-unit property in one of Garden Grove’s most sought-after neighborhoods. Situated on a single lot, this investment features two fully detached single-family homes, offering incredible versatility for owner-occupants, investors, or 1031 exchange buyers. Unit 1 – Brand New ADU (Built in 2025) This newly constructed 4-bedroom, 2-bathroom Accessory Dwelling Unit offers approximately 1,200 sq. ft. of modern living space, complete with a detached 2-car garage. Designed with comfort and efficiency in mind, this unit is projected to command market rent of approximately $4,000/month. Unit 2 – Remodeled Main Residence The tastefully updated main home features 3 bedrooms and 2.5 bathrooms across approximately 1,340 sq. ft. of living space. Updates throughout provide a turnkey living experience. The private driveway accommodates up to three vehicles, and the current rental income is $3,500/month. Additional Highlights: Separate gas and electric meters for each unit Tenants pay all utilities Low-maintenance setup with recent construction and renovations Ideal for house hacking, multi-generational living, or long-term rental strategy This is a rare and versatile investment opportunity in a high-demand rental market. Whether you’re looking to offset your mortgage by living in one unit and renting the other, or seeking steady cash flow from both units, this property delivers. Opportunities like this are few and far between—schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingCentral, Fireplace(s)
StatusActive
CoolingCentral Air
Size2,520 sqft
Lot size0.1653 Acres
Year builtNew Const., 1955
ParkingDoor-Single, Garage, Garage Door Opener, Public, Garage Faces Rear, One Space
MLS #PW25130931
Garage2 spaces
FireplaceLiving Room

Summary

  • Full Bathrooms: 4
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Flooring Type: Vinyl
  • Interior: Separate/Formal Dining Room, Eat-in Kitchen, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level
  • Fireplace: Living Room
  • Total Bedroom Count: 7
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Private Pool: No
  • Parking: Door-Single, Garage, Garage Door Opener, Public, Garage Faces Rear, One Space
  • Architectural Style: Modern
  • Heating: Central, Fireplace(s)
  • Cooling: Central Air
  • List Price: $1,499,000
  • Price/SqFt: $594
  • HOA Amount: $0
  • Annual Tax Amount: $8,956
  • Tax Year: 2024
  • Lot: Near Public Transit
  • Directions: Between Chapman ave and Orangewood ave
  • Year Built: 1955
  • Stories: 1
  • Living Area: 2,520 SqFt
  • Lot Size: 0.1653 Acres
  • MLS Number: PW25130931
  • MLS Name: CRMLS
  • Office Name: Realty One Group West
  • Office Phone: (562) 348-6069
  • Listing Agent: Nam Ba Nguyen

IDX 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: 7/20/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 19, 2024
Home Sold
$802,000
Jun 23, 2006
Home Sold
$585,000

Tax history

YearAssessmentProperty Tax
2024$700,397$8,956
2023$686,664$8,872
2022$673,200$8,675
2021$660,000$8,589
2020$606,900$7,917
2019$595,000$6,990
2018$534,000$6,990
2017$534,000$7,017

History based on county public records data.

Nearby schools

7

Louis G. Zeyen Elementary School

Public District KG-6

0.4 mi

12081 Magnolia St

7

Gilbert Elementary School

Public District KG-6

0.6 mi

9551 Orangewood Ave

5

Bryant Elementary School

Public District KG-6

0.7 mi

8371 Orangewood Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,952. Typical income of Garden Grove, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

20%
<35k
47%
35k-100k
23%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
11%
Single, with Kids
23%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • MercedesMercedes

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 11662 Magnolia St

The listing price of 11662 Magnolia St property is $1,499,000.

The property 11662 Magnolia St is a house located in Garden Grove, California, 92841.

Active Listing: 11662 Magnolia St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 11662 Magnolia St are: Louis G. Zeyen Elementary School (GreatSchools Rating 7/10), Gilbert Elementary School (GreatSchools Rating 7/10), Bryant Elementary School (GreatSchools Rating 5/10), Alamitos Intermediate School (GreatSchools Rating 7/10), Louis Lake Intermediate School (GreatSchools Rating 8/10), Dale Junior High School (GreatSchools Rating 3/10), Marie L. Hare High School (GreatSchools Rating 3/10), Rancho Alamitos High School (GreatSchools Rating 7/10), Magnolia High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $8,956 (source: MLS/based on county public records data).

The last sale was on January 19, 2024 for $802,000 (source: MLS/tax record).

The property at 11662 Magnolia St has 7 bedrooms and 4 bathrooms.

The property 11662 Magnolia St is 2,520 SqFt (source: MLS/tax record).

The year of construction for 11662 Magnolia St is 1955.

This home is located at 11662 Magnolia St in Garden Grove, CA and zip code 92841. This 2,520 square foot home, which was built in 1955, sits on a 0.17 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $1,499,000.

In June 2025, from all listings sold in Garden Grove, CA there were more than 33 sold above asking price, over 14 sold below and more than 4 were sold right at the asked price. The number of listings in Garden Grove, CA decreased by 2% between May and June 2025. While the average time on the market in June 2025 was 18 days, the median list price was $950,000.

From Rocket Homes Real Estate and based on county public records data.

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