CA > Garden Grove
Garden Grove, CA 92841,9661 9671 Maureen DR
Garden Grove, CA 92841,9661 9671 Maureen DR
Garden Grove, CA 92841,9661 9671 Maureen DR
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Max Chuong Thai

Max Chuong Thai

+1(323) 309-3423
$4,190,000
Est. payment /mo
0.42 Acres Lot
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UPDATED:

02/07/2025 08:17 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC25025659

HOA Y/N No

Year Built 1958

Lot Size 0.420 Acres

Property Sub-Type Apartment

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. 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.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 16

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 13210114

Energy Description 3319.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

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agent

Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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