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9661-9671 Maureen Dr
Garden Grove, CA 92841 Garden Grove

$4,725,000 USD

Apartments For Sale • 8,329 SF

Property Details

Property Type Apartments
Total Building Size 8,329 SF
Lot Size 0.44 AC
Building Class C
Year Built 1958
Cap Rate 5.00 %
Zoning R3, Garden Grove

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Turnkey 12-unit multifamily asset with extensive 2025 renovations
                            
                                All 2 Bed/1 Bath units offering broad and consistent rental appeal
                            
                                Three vacant units providing immediate lease-up at market rents
                            
                                Desirable layout with a mix of single-story units and a two-story building with garages
                            
                                Many units offer no neighbors above or below, enhancing privacy and livability
                            
                                Garages (12 spaces) and surface (4 spaces) on a spacious 0.44-acre parcel

Financial Summary (Actual)

Net Operating Income: $236,043 USD (2026)

Cap Rate:	5.00 %
Total Expenses:	$115,534 USD

Amenities

Courtyard
Laundry Facilities
Double Pane Windows
Vinyl Flooring

Public Transportation

Commuter Rail	Drive	Walk	Distance
	10 min	-	5.3 mi
	10 min	-	5.4 mi
Airport	Drive	Walk	Distance
John Wayne/Orange County	22 min	-	12.9 mi
Long Beach (Daugherty Field)	22 min	-	13.0 mi
Los Angeles International	46 min	-	31.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Tyler Leeson 714-713-9086 Marcus & Millichap

9661-9671 Maureen Dr Garden Grove, CA 92841 Garden Grove