11141 Palma Vista Street, Garden Grove, CA 92840

About this single-family home

BRAND NEW CONSTRUCTION!! EXCELLENT INVESTMENT PROPERTY with HIGH Rental Income. Two Single Homes on a Lot in city of Garden Grove. Each detached home is approximately $714,000. First unit is brand new construction, approximately 1200SF, built in 2022, features 4BED/2BATH, with garage with separate driveway from main house. Load of upgrades: 9FT ceiling, kitchen with over-sized island, high quality appliances, modern kitchen cabinet. Whole house has A/C system, recess lighting, wood flooring, walk-in closet, washer/dryer hookup. Second unit is a 3BED/2BATH, 1,200 sqft with 2-car attached garage, recently renovated with all upgrades. Current rent is $3,000/monthly. Market rent is $3,200/monthly. The market rent for new built unit is $3,500/monthly. Low maintenance property. Both units have it's own gas and electric meters & driveway/driveway parking. Minutes away from freeways, popular restaurants & other amenities. Don't miss this opportunity to own this high return rental income. Perfect to live in one unit and rent out the other unit for extra income.

Listing description from the April 2022 sale, as reported to CRMLS.

Sale history

$1,414,000

Sold April 2022 · listed $1,429,000, on market March 2022 · MLS #PW22049958 · Source: CRMLS

Listing Agent: Vinh Pham · Listing Office: NRI Group · Contact: 657-233-5233 · Bought with: Paul Vu · Andrew Nguyen, Broker

$695,000

Sold April 2021 · listed $595,000, on market March 2021 · MLS #OC21060210 · Source: CRMLS

Listing Agent: Mike Monaghan · Listing Office: Lombardi Realty · Contact: 714-962-8891 · Bought with: Mike Monaghan · Lombardi Realty

Explore Garden Grove