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9661 Maureen Drive, Garden Grove, CA 92841
Priced at Only: $4,725,000
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Address: 9661 Maureen Drive, Garden Grove, CA 92841
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  • MLS#: OC26091653 ( Apartment )
  • Street Address: 9661 Maureen Drive
  • Viewed: 2
  • Price: $4,725,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: ORANGE
  • City: Garden Grove
  • Zipcode: 92841
  • Subdivision: Other (othr)
  • Provided by: Marcus & Millichap RE Invest
  • Contact: Tyler Tyler
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Features
Association Fee
  1. 0.00
Building Area Total
  1. 8329.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 1345.00
Entry Location
  1. First level
Fuel Expense
  1. 840.00
Garage Spaces
  1. 12.00
Insurance Expense
  1. 12000.00
Laundry Features
  1. Community
Levels
  1. Two
Lot Features
  1. Level with Street
Netoperatingincome
  1. 236043.00
Newtaxesexpense
  1. 55279.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Gas Meters
  1. 12
Otherincome1
  1. 3250.00
Parcel Number
  1. 13210114
Pool Features
  1. None
Professionalmanagementexpense
  1. 14063.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 461693649:CRM
Subdivision Name Other
  1. Other
Totalexpenses
  1. 115534.00
Trash Expense
  1. 6985.00
Uncovered Spaces
  1. 4.00
Vacancyallowance
  1. 10773
Water Sewer Expense
  1. 6986.00
Water Source
  1. Public
Year Built
  1. 1958
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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