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$5,095,000

FOR SALE
Active

9551 9561 Maureen Drive

Garden Grove, CA

MLS# OC26125729

Apartment
150 days on marketNalren refreshed

Listing Agent

Christian Tait

Listing Agent

Marcus & Millichap RE Invest

DRE #: 02111248

christian.tait@marcusmillichap.com

Brokerage: Marcus & Millichap RE Invest

Tyler Leeson

Co-Listing Agent

Marcus & Millichap RE Invest

DRE #: 01451551

Brokerage: Marcus & Millichap RE Invest

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1960

Year Built

0.5 acres

Lot Size

N/A

Price/Sq Ft

16

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
Street Level

Building

Year Built
1960
Building Area Total
13,520
Levels
Two
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
16
Parking Total
18

Community / HOA

HOA
No
Association Fee
$0

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