9661 Maureen Drive Pending

Garden Grove,CA 92841

$ 4190000

- Bed

0 Bath

8329 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 8,329 sqft

Price per Sqft $503

MLS Listing ID CROC25025659

HOA Y/N No

Year Built 1958

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Other

Property Description

9661 and 9671 Maureen Drive is a 12-unit multifamily investment property located in Garden Grove, California. Situated on an oversized 0.42-acre lot, this garden-style property showcases predominantly single-story construction and offers a highly desirable mix consisting exclusively of two-bedroom floor plans. Amenities at 9661 and 9671 Maureen Drive include an on-site laundry facility as well as ample garage and surface parking. Situated just South of Katella Avenue, 9661 and 9671 Maureen Drive places residents in close proximity of a plethora of shops, restaurants, and world-famous entertainment destinations. The property offers walkable access to a Crunch Fitness and Harvest Fresh Markets anchored retail center and is just a short drive from the Promenade at Garden Grove, a major retail center anchored by Walmart, Aldi, Regal Cinema and more. Additionally, the property is just 2.5 Miles from Disneyland, one of Southern California’s most popular destinations and a major employer for the region. The Garden Grove submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 97 percent (Q1 2024) and a projected average effective rent increase of 4.5 percent (year-over-year through 2028), demonstrating the strong demand for rental housing.

Location

State CA

County Orange

Interior

Fireplace No

Laundry Community Facility

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 13210114

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