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$5,900,000

FOR SALE
Active

13392 Magnolia

Garden Grove, CA

MLS# OC26166327

Apartment
104 days on marketNalren refreshed

Listing Agent

John Allen

Listing Agent

Seven Gables Real Estate

DRE #: 01939546

(714) 651-9706

Brokerage: Seven Gables Real Estate

Brendon Guichet

Co-Listing Agent

Uncharted

DRE #: 01931695

Brokerage: Uncharted

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1951

Year Built

0.63 acres

Lot Size

N/A

Price/Sq Ft

9

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

13392 Magnolia Street is a 15-unit multifamily property in Garden Grove, California, offering a unique mix of apartments, townhomes, and single-family residences. The property underwent extensive capital improvements in 2022, including full renovations throughout the property and the addition of three newly constructed ADUs. The current unit mix includes five two-bedroom, one-bathroom apartments, eight two-bedroom, one-and-a-half-bathroom townhomes, one three-bedroom, two-bathroom home, and one four-bedroom, two-bathroom home, creating a variety of housing options that appeal to a broad tenant base. The original units have been renovated with dual-pane windows, granite countertops, shaker-style cabinetry, recessed lighting, vinyl plank flooring, stainless steel appliances, ceiling fans, and updated fixtures. The three ADUs were built with modern finishes, including quartz countertops, upgraded bathroom vanities, and mini split or central air conditioning. Additional amenities include a large shared courtyard, private patios or yards for select units, on-site laundry, and garage, tuck-under, and surface parking. The property is centrally located near many of Garden Grove's most popular retail and dining destinations, including Hanmi Plaza, the H Mart shopping center, and Little Saigon. Residents also benefit from nearby parks, schools, and convenient access to State Route 22, making travel throughout Orange and Los Angeles Counties easy. With its completed renovations, diverse unit mix, and desirable location, 13392 Magnolia Street presents a strong investment opportunity in one of Orange County's established rental markets.

Facts & Features

Interior

Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
Eleven To Fifteen Units Acre

Building

Year Built
1951
Building Area Total
14,882
Levels
Two
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
9
Parking Total
28

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