9661 9671 Maureen Drive, Garden Grove, CA 92841

  • $4,190,000
9661 9671 Maureen Drive, Garden Grove, CA 92841
  • Residential Income, Apartment
  • Property Type
  • 12.0
  • Garages
  • 8329
  • Sqft
  • 1958
  • Year Built
Pending
9661 9671 Maureen Drive, Garden Grove, CA 92841
9661 9671 Maureen Drive, Garden Grove, CA 92841
  • $4,190,000

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. Garden Grove’s central location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given the strength of the overall apartment market within the city of Garden Grove, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 9661 and 9671 Maureen Drive.

  • Address 9661 9671 Maureen Drive
  • City Garden Grove
  • State/county CA
  • Zip/Postal Code 92841
  • Country US

Details

Updated on April 4, 2025 at 7:15 pm
  • Property ID: OC25025659
  • Price: $4,190,000
  • Property Size: 8329 Sqft
  • Land Area: 0.42 Acres
  • Garages: 12.0
  • Garage Size: x x
  • Year Built: 1958
  • Property Type: Residential Income, Apartment
  • Property Status: Pending

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
  • Sewer: Public Sewer
  • County: Orange
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Curbs, Gutter(s), Sidewalks

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