Garden Grove, CA 92841 9661 9671 Maureen Drive
$4,725,000



13 more













Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
Home Details
9661 - 9671 Maureen Drive is a heavily renovated 12-unit multifamily community located in Garden Grove, California. Constructed in 1958 and extensively renovated in 2025, the property features a desirable unit mix of 12 two-bed/one-bath units across a combination of single-story buildings and a two-story structure with ground-level garages, offering units with no neighbors above or below. Ownership has completed a comprehensive renovation program across all units, with improvements ranging from upgraded flooring, fixtures, and fresh interior paint to fully renovated unit interiors. Multiple units have already achieved market-leading rents for comparable properties in the area, demonstrating strong in-place income. Currently, three units are vacant, providing immediate upside for a new owner to lease at market rents from day one or implement additional upgrades to further enhance rental income. The property sits on a 0.44-acre parcel and offers a strong parking ratio with 12 single-car garages and 4 surface spaces, along with on-site laundry, security doors, and a central courtyard that supports tenant appeal and retention. 9661 - 9671 Maureen Drive represents a compelling opportunity to acquire a renovated asset with proven rental performance and immediate income upside.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
Interior Features for 9661 9671 Maureen Drive
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 9661 9671 Maureen Drive
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.96
CityGarden Grove
Community FeaturesCurbs, Gutter(s), Street Lights, Sidewalks
CountyOrange
DirectionsCross Streets of Maureen Drive & Barclay Drive
Electric Expense1345
Entry LocationFirst level
Fuel Expense840
Garage Spaces12
Garage Y/NYes
Gross Income360610
HOANo
HOA Fee$
Insurance Expense12000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet19166.4
Lot Size UnitsAcres
MLS Area62 - Garden Grove N of Chapman, W of Euclid
MaintenanceExpense8400
Net Operating Income234423
New ConstructionNo
Number Of Units Total12
Open Parking Spaces4
Operating Expense115467
Pool FeaturesNone
PostalCityGARDEN GROVE
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Subdivision NameOther
Tax Lot53
Taxes$55,279
Trash Expense6985
Water Sewer Expense6986
Year Built1958
Year Built SourceAssessor
Exterior for 9661 9671 Maureen Drive
Building Area Total8329
Lot FeaturesStreet Level
Lot Size Acres0.44
Lot Size Area0.44
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters1
Private PoolNo
Total Parking16
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 8,329