$1,398,000

11662 Stephanie Lane, Garden Grove, CA 92840

5 beds |
4 baths |
2,024 sqft

Condominium
Built in 1955
7,200sqft lot
2 car garage
$691/sqft
Listed 9 days ago

Property Description

Incredible Opportunities to own 2 units on 1 lot in the heart of Garden Grove, priced at $694,500 per unit. This exceptional Property features a beautiful single-family residence and New detached ADU, making it ideal for investors, 1031 exchange buyers, or owner-occupants seeking strong rental income. Unit 1-Remodel Single Family Residence, spacious 3-bedroom, 2-bathtoom with approximately 1224 SF, offers open-concept layout, laminate floors, updated kitchen, walk-in closet, gas fireplace, central A/C, Washer & Dryer Hookup and attached 02 garage, Current Rent: $3995/Month Unit 2: New Detached ADU (Completed in 2022) Modern 2 bedroom, 2-bath residence offering approximately 800 SF, with quartz counters, premium cabinets, double-pane windows, tankless water heater, central heat & A/C, and paid-off solar, washer and dryer hookup, Parking spaces available. Current Rent: $3,000/month. Total Rental Income: $6,995/month Both units have separate water, gas and electricity meters, with tenants paying for all utilities. With extensive renovations and new construction, this is a low-maintenance investment built for long-term ownership. Located in a prime Garden Grove neighborhood near schools, shopping, dining, and convenient freeway access, this is a rare opportunity to own two turnkey homes on one lot with excellent income potential.

Listing Status:: Active
Date Added:: February 10, 2026
Data Last Updated:: March 4, 2026 at 12:12PM
Listing Office:: Real Broker : 855-450-0442
Listing Agent:: Nhi Phan : 714-823-1972
MLS ID:: OC26038299

General: Recessed LightingFurnished
Appliances: DishwasherDisposalGas OvenWater Line to RefrGas Range
Laundry: ElectricWasher Hookup
Flooring: LaminateTile
A/C: Central Forced AirElectric
Heating: Forced Air UnitNatural Gas
Fireplace: FP in Living RoomGas
Disability Feature: 2+ Access ExitsDoors - Swing InNo Interior StepsParking

General: N/K
Style: Traditional
Pool: N/K
Parking: GarageGarage - Single DoorGarage Door OpenerParking spaces: 7

Roofing: Shingle
General: StuccoOther/RemarksFrame1

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Orange

Zoning: 08950237
View: Neighborhood

Utilities: Cable AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: California Regional MLS

This listing courtesy of Nhi Phan , Real Broker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Faylane Elementary School

11731 Morrie Ln, Garden Grove, CA, 92840

Grades KG-6

0.13 miles away

Louis Lake Intermediate School

10801 Orangewood Ave, Garden Grove, CA, 92840

Grades 7-8

0.39 miles away

Mark Twain Special Center

11802 Loara St, Garden Grove, CA, 92840

Grades KG-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.