Garden Grove, CA 92841 9551 9561 Maureen Drive

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Presented By: Christian Tait with Marcus & Millichap RE Invest; christian.tait@marcusmillichap.com
  • MLS# OC26125729
  • 06/09/2026
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 13,520
  • Garage • 16

Home Details

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.
Presented By: Christian Tait with Marcus & Millichap RE Invest; christian.tait@marcusmillichap.com

Interior Features for 9551 9561 Maureen Drive

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 9551 9561 Maureen Drive

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.01
CityGarden Grove
Community FeaturesCurbs, Gutter(s), Street Lights, Sidewalks
CountyOrange
DirectionsCross Streets of Maureen Drive & South Gilbert Street
Electric Expense6257
Entry LocationFirst level
Fuel Expense6257
Garage Spaces16
Garage Y/NYes
Gross Income426817
HOANo
HOA Fee$
Insurance Expense16000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet21780
Lot Size UnitsAcres
MLS Area62 - Garden Grove N of Chapman, W of Euclid
MaintenanceExpense14400
Net Operating Income258111
New ConstructionNo
Number Of Units Total16
Open Parking Spaces2
Operating Expense156088
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
StatusActive
Stories Count2
Subdivision NameOther
Tax Lot61
Taxes$60,251
Trash Expense6257
Water Sewer Expense6257
Year Built1960
Year Built SourceAssessor

Exterior for 9551 9561 Maureen Drive

Building Area Total13520
Lot FeaturesStreet Level
Lot Size Acres0.5
Lot Size Area0.5
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters16
Number of Separate Gas Meters16
Number of Separate Water Meters1
Private PoolNo
Total Parking18
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®
Price $5,150,000
MLS#OC26125729
List Date 06/09/2026
Property Type Multi-Family
Phone 415.602.7481
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