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.
| MLS # | OC26125729 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 93 |
| Listing Provided By | Marcus & Millichap RE Invest | Christian Tait |
| SQ Feet | 13,520 |
|---|---|
| Garage | 16 |
| Story(s) | 2 |
| Units | 16 |
| Building(s) | 2 |
| Acreage | 0.50 |
| Lot Features | Street Level |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Gutters, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Orange |
| City | Garden Grove |
| Zip Code | 92841 |
| Area | 62 Garden Grove N of Chapman | W of Euclid |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $5,150,000 low | high Med: $2,197,450 sqft: 13,520 low | high Med: 4,300 $ / sqft: $381 low | high Med: $534 On site: 93 low | high Med: 110 | |
| State | CA |
|---|---|
| County | Orange |
| City | Garden Grove |
| Zip Code | 92841 |
| Area | 62 Garden Grove N of Chapman | W of Euclid |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $5,150,000 low | high Med: $2,197,450 sqft: 13,520 low | high Med: 4,300 $ / sqft: $381 low | high Med: $534 On site: 93 low | high Med: 110 | |