$ 1,470,000
-
$1,470,000
Price -
7
Bed -
5
Bath -
2,520
SqFt
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About the Listing PB16635 - PWNGUNAM
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 Highlights for 11662 Magnolia St
Status
Active
Days on Site
9
Property Type
Residential
MLS ®
PW25192985
Year Built
1955
Total Square Footage
2,520
Lot/Acreage
0.17
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full / 1 Half
- Appliances: ENERGY STAR Qualified Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater
- Air Cond: Central Air,High Efficiency
- Heating: Central
- Fireplaces: Family Room,Gas
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Recessed Lighting
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Utilities - Overhead,Walkstreet,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof: Shingle
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Garage,Garage Faces Rear
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 13230204
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
11662 Magnolia St Garden Grove, CA 92841
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