11662 Magnolia
Garden Grove, CA, 92841
For Sale
$1,470,000
- 7beds
- 4.75baths
- 2,520sqft
- 0.17acre
Welcome to 11662 – 11666 Magnolia Street, an exceptional property offering two fully detached single-family homes on one lot. Perfect for multi-generational living, rental income, or 1031 exchange investors, this setup combines modern upgrades with privacy and convenience.
Unit 1 – Brand-New ADU (Built in 2025)
This newly constructed 4-bedroom, 2-bathroom Accessory Dwelling Unit spans approximately 1,200 sq. ft. and includes a detached 2-car garage. Designed with an open layout and modern finishes, this unit offers both comfort and efficiency. Projected rental income is approximately $4,000 per month.
Unit 2 – Remodeled Main Residence
The main home features 3 bedrooms and 2.5 bathrooms with approximately 1,320 sq. ft. of living space. Recently remodeled with new interior paint, updated kitchens, and bathrooms, this home is move-in ready and designed for low-maintenance living for years to come. Current rental income $3500/month
Estimate Total Income: $7500/month.
Key Features:
Separate gas and electric meters for each unit
Tenants pay all utilities
Private driveway plus additional parking
11666 Magnolia enjoys private alley access, ensuring full separation and privacy between homes
Ideal for for living in one and rent out one, or rent out both for stable streams of income
Whether you plan to live in one unit and rent the other or build long-term wealth with two strong income streams, this property is a rare find in a high-demand market. Schedule a private showing today.
Listing agent:
Nam Ba Nguyen
License #02235673
Realty One Group West
Let's talk
Interested in this property or one like it?
Reach out today to talk with advertising agent Mark Tyoran.