Garden Grove, CA92843
3 Bedrooms | 1 baths | 1204 sqft | MLS# OC25154883
Tract: Parkside (PRKS)
For Sale $1,149,000
Description
Investor’s Opportunity: Turnkey Property with Major Upside Potential! Prime Garden Grove Investment with Approved Expansion Plans & ADU Development. This fully renovated, move-in-ready property is a rare find for real estate investors looking to maximize both short- and long-term returns. Located on an expansive 8,751 sq. ft. lot, this asset presents immediate rental income potential with tremendous upside through approved development plans that increase livable square footage—and value. Turnkey Condition: Fully updated 3-bed home ready for immediate occupancy or rental. Large Lot (8,751 SF): Ideal for future expansion and value-add development. Income-Boosting Additions Approved: Phase 1: Approved 485 SF home addition in place to create a 3-bedroom, 3-bathroom layout. Simultaneously, build a brand-new 1,185 SF ADU featuring 4 bedrooms, 2.5 baths, a full kitchen, living space, and laundry - ideal for high-yield rental income. Phase 2 JADU Option: Optional layout ready to convert part of the addition into a Junior ADU (JADU), further enhancing your income potential. Additional Features: Detached two-car garage with bonus room ready for conversion or added utility. Spacious backyard with privacy for outdoor living or tenant enjoyment. Enclosed spa area + storage shed. Existing approved development plans save time and money—pull permits and start building immediately. Why This Property Stands Out to Investors: Development-Ready: Save months of time and administrative hassle. Multi-Income Potential: Generate multiple income streams through the main house, ADU, and potential JADU. Value-Add Play: Significant appreciation upside post-construction and income stabilization. Located in Garden Grove—a high-demand rental area with strong tenant pool and low vacancy rates. Whether you’re a seasoned investor seeking high ROI, or looking for a hassle-free property with built-in growth potential, this is the one to add to your portfolio. Don't miss this rare, development-ready opportunity. Contact us today for plans and a private tour! *Disclaimer: Property photos may include digital staging and enhancement elements for presentation purposes.
Facts
Single Family Residence | Built in 1956 | Lot Size: 8751.00 sqft | HOA Dues: $0/month
Features
Quartz Counters,Recessed Lighting
Listing provided by An Le, HPT Realty
Based on information from California Regional Multiple Listing Service, Inc. as of July 27, 2025. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
