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Local Realty Service Provided by: Better Homes and Gardens Real Estate Napolitano & Associates

9661 Maureen Drive , 

Garden Grove, CA 92841

$4,190,000
-Beds
-Baths
-Sq. Ft.
Multi-Family

Active

Listed by: Tyler Leeson

Marcus & Millichap Re Invest

MLS#: OC25025659Source: SANDICOR

Price Summary

  • $4,190,000

    About This Home

    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 Californias 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 Groves central location, strong economic growth, and unmatched local attractions have made it one of Southern Californias 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 capt

    Home Facts

    • Multi-Family
    • 94843+ Community

    Listing ID #: OC25025659

    Last Updated: February 8, 2025, 12:18 AM

    Added: 15 days ago

    Finances & Disclosures

    Finances

    Price: $4,190,000

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