9551 9561 Maureen Drive
Garden Grove — 16 units / 13,520 sf building
Listing Agent: Christian Tait, Marcus & Millichap RE Invest
Units
15
Building Size
14,882 sf
Lot Size
27,443 sf
Status
Active
Listing Agent: John Allen, Seven Gables Real Estate
Garden Grove
About This Property
13392 Magnolia Street is a 15-unit multifamily property in Garden Grove, California, offering a unique mix of apartments, townhomes, and single-family residences. The property underwent extensive capital improvements in 2022, including full renovations throughout the property and the addition of three newly constructed ADUs. The current unit mix includes five two-bedroom, one-bathroom apartments, eight two-bedroom, one-and-a-half-bathroom townhomes, one three-bedroom, two-bathroom home, and one four-bedroom, two-bathroom home, creating a variety of housing options that appeal to a broad tenant base. The original units have been renovated with dual-pane windows, granite countertops, shaker-style cabinetry, recessed lighting, vinyl plank flooring, stainless steel appliances, ceiling fans, and updated fixtures. The three ADUs were built with modern finishes, including quartz countertops, upgraded bathroom vanities, and mini split or central air conditioning. Additional amenities include a large shared courtyard, private patios or yards for select units, on-site laundry, and garage, tuck-under, and surface parking. The property is centrally located near many of Garden Grove's most popular retail and dining destinations, including Hanmi Plaza, the H Mart shopping center, and Little Saigon. Residents also benefit from nearby parks, schools, and convenient access to State Route 22, making travel throughout Orange and Los Angeles Counties easy. With its completed renovations, diverse unit mix, and desirable location, 13392 Magnolia Street presents a strong investment opportunity in one of Orange County's established rental markets.
Unit Mix
Neighborhood
This property is located in Garden Grove. Want to learn more about the area?
Explore CommunitiesAsking Price
$5,900,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
John Allen
Seven Gables Real Estate