Sold for $3,720,000

Listed by: CBD Investment Inc. • Margaret Lee • Contact: 626-566-2221

Bought with: OUT OF AREA OFFICE

$3,720,000

11662 Stuart Dr, Garden Grove, CA 92843

16beds

16baths

9,288sqft

Multi Family

Built in 1960

-- sqft lot

$-- Zestimate^®

$401/sqft

$1,156 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,156/mo

Zestimate^® history

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$23,082/mo

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$23,082/mo

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What's special

Bbq areaSpacious courtyardModern laminate wood flooringNewer windows

Location, location, location !! Well kept 16-unit multifamily investment property located in the heart of Garden Grove. Spanning a 0.43-acre lot, the property comprises 16 one-bedroom units, collectively offering 9,288 square feet of living area. The units are always fully leased, feature newer windows, sleek color front doors and approximately 10 units have been renovated with modern laminate wood flooring. The property provides gated access for added security, includes 10 garages and 6 carports with convenient alley access. Tenants can enjoy a spacious courtyard equipped with a BBQ area for entertaining. Additionally, there are 6 onsite laundry machines and 2 newer water heaters. Its highly convenient location makes this property an attractive option for both potential tenants and investors.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 16

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 9,288
Total interior livable area: 9,288 sqft

Property

Parking

Total spaces: 16
Parking features: Garage, Carport
Garage spaces: 10
Carport spaces: 6
Covered spaces: 16

Features

Levels: Two
Stories: 2
Entry location: 0
Pool features: None

Lot

Size: 0.44 Acres
Features: Garden

Details

Parcel number: 10056308
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1960

Utilities & green energy

Sewer: Unknown
Water: Public

Community & HOA

Community

Features: Curbs

Location

Region: Garden Grove

Financial & listing details

Price per square foot: $401/sqft
Date on market: 7/5/2024
Cumulative days on market: 220 days
Listing terms: Cash,Cash to New Loan

Price history

Date	Event	Price
5/20/2025	Sold	$3,720,000-6.5%$401/sqft
Source: CRMLS #AR24137900 Report a problem
8/25/2024	Price change	$3,980,000-9.1%$429/sqft
Source: CRMLS #AR24137900 Report a problem
7/22/2024	Price change	$4,380,000-8.7%$472/sqft
Source: CRMLS #AR24137900 Report a problem
7/6/2024	Listed for sale	$4,797,000$516/sqft
Source: CRMLS #AR24137900 Report a problem