$5,150,000
 $27,646 est/mo Sourced by Back At You

9551 9561 Maureen Drive,Garden Grove, CA 92841

Garden Grove, CA 92841

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Description

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.

Details

MLS #OC26125729
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1960
Days On Site93
Listing Provided ByMarcus & Millichap RE Invest | Christian Tait

Features

SQ Feet13,520
Garage16
Story(s)2
Units16
Building(s)2
Acreage0.50

Exterior

Lot FeaturesStreet Level

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Gutters, Street Lights, Sidewalks

Area Information

StateCA
CountyOrange
CityGarden Grove
Zip Code92841
Area62 Garden Grove N of Chapman | W of Euclid
Community NameOther
Listing VS Median (in Other)
Price:
$5,150,000
low | high
Med:
$2,197,450
100% of Average
sqft:
13,520
low | high
Med:
4,300
100% of Average
$ / sqft:
$381
low | high
Med:
$534
9.727252998287% of Average
On site:
93
low | high
Med:
110
84.545454545455% of Average
Sourced by Back At You

Market Activity 92841

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Learn More About This Property

StateCA
CountyOrange
CityGarden Grove
Zip Code92841
Area62 Garden Grove N of Chapman | W of Euclid
Community NameOther
Listing VS Median (in Other)
Price:
$5,150,000
low | high
Med:
$2,197,450
100% of Average
sqft:
13,520
low | high
Med:
4,300
100% of Average
$ / sqft:
$381
low | high
Med:
$534
9.727252998287% of Average
On site:
93
low | high
Med:
110
84.545454545455% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 11:04:40 PM PDT