Property Detail

Description

Welcome to 11662–11666 Magnolia Street, Garden Grove — a rare opportunity to own two fully detached single-family homes on one lot, each with its own address and privacy. Ideal for multi-generational living, house hacking, rental income, or 1031 exchange investors, this property offers modern upgrades, strong cash flow, and long-term flexibility. Unit 1 – Newly Built ADU (2025) This brand-new 4-bedroom, 2-bathroom ADU offers approximately 1,200 sq. ft. of contemporary living space and includes a detached 2-car garage. Designed with an open floor plan, modern finishes, and energy-efficient features, this unit delivers both comfort and functionality. Current Rent: ~$3,560/month Unit 2 – Remodeled Main Residence The main home features 3 bedrooms and 2.5 bathrooms across approximately 1,320 sq. ft. Recently remodeled with fresh interior paint, updated kitchen, and renovated bathrooms, this home is move-in ready and built for low-maintenance living. Current rent: $3,675/month Financial Highlights Estimated total monthly income: ~$7,235 Tenants pay all utilities Separate gas and electric meters for each unit Property Features Two fully detached homes with excellent privacy Private driveway + additional parking 11666 Magnolia includes private alley access, creating full separation between units Ideal for owner-occupants, dual-rental income, or long-term investment strategy Whether you live in one and rent the other, or rent both for consistent cash flow, this is a high-demand Garden Grove asset that checks every box for today’s buyers and investors. Schedule your private showing today — opportunities like this are rare.