$4,725,000
9661 - 9671 Maureen Drive is a heavily renovated 12-unit multifamily community located in Garden Grove, California. Constructed in 1958 and extensively renovated in 2025, the property features a desirable unit mix of 12 two-bed/one-bath units across a combination of single-story buildings and a two-story structure with ground-level garages, offering units with no neighbors above or below. Ownership has completed a comprehensive renovation program across all units, with improvements ranging from upgraded flooring, fixtures, and fresh interior paint to fully renovated unit interiors. Multiple units have already achieved market-leading rents for comparable properties in the area, demonstrating strong in-place income. Currently, three units are vacant, providing immediate upside for a new owner to lease at market rents from day one or implement additional upgrades to further enhance rental income. The property sits on a 0.44-acre parcel and offers a strong parking ratio with 12 single-car garages and 4 surface spaces, along with on-site laundry, security doors, and a central courtyard that supports tenant appeal and retention. 9661 - 9671 Maureen Drive represents a compelling opportunity to acquire a renovated asset with proven rental performance and immediate income upside.
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Listed by Tyler Leeson with Marcus & Millichap RE Invest (949) 419-3200
Property Type
Apartment
Status
Active
MLS Number
OC26091653
Year Built
1958
Lot Size
0.44 acres