$5,150,000

Multi Family In Garden Grove

  • 2 Beds
  • 1 Baths
  • 21,780 Sqft lot
  • Updated: June 10
  • Source:
    San Diego MLS  MLS#OC26125729

About the Property

9551 - 9561 Maureen Drive is a 16-unit multifamily community located in Garden Grove, California. Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two building
9551 - 9561 Maureen Drive is a 16-unit multifamily community located in Garden Grove, California. Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two buildings on one parcel, with community amenities including on-site laundry, a spacious central courtyard, and garage and surface parking. Parking is provided through 16 garage spaces and 2 surface spaces, offering ample parking options for residents. Ownership has completed several recent capital improvements and property upgrades, including SB-721 completion in October 2025, walkway decking replacement, gas line replacement at 9551, roof replacement, garage door installation, fascia repairs/repainting, electrical panel/subpanel upgrades, and select interior unit upgrades. These improvements address several exterior, structural, and building system items while helping reduce near-term capital expenditure exposure. Overall, 9551 - 9561 Maureen Drive offers a straightforward all two-bedroom unit mix, functional parking, a shared courtyard layout, and several completed capital improvements to major building systems. The completed improvements and remaining value-add opportunities position the property to benefit from future interior renovations, common-area enhancements, and operational efficiencies under new ownership.
  • Property type

    Other

  • Floors

    2

Features

  • Garden
  • Garage
  • Laundry Room
  • Parking

Explore the Area

9551-9561 Maureen Drive, Garden Grove, California, United States View on Google Maps
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Marcus & Millichap RE Invest - Irvine

Joined 10 months ago
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Marcus & Millichap RE Invest - Irvine
California, United States
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23
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2025
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Marcus & Millichap RE Invest - Irvine
Irvine, California, United States
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Last updated
June 10
First listed
Jun 10
Listing reference
OC26125729
Listing status
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