Listing Agent: Nhi Phan Broker/Office: Real Broker
11081 Iris Drive Garden Grove CA 92840
$ 1,575,000
6
| 4
| 2080 Sq Feet
Listing ID
#OC25158558
Status
Active
Property Type
Single Family Residence
County
Orange
Neighborhood
Other
Year Built
2025
Days on website
2
Description
Incredible 2-Unit Investment Property in the heart of Garden Grove! Don’t miss this opportunity to own a highly desirable property featuring a fully remodeled home and a brand-new construction Detached Single Family Home — perfect for investors, 1031 exchange buyers, or owner-occupiers seeking rental income.
Unit 1 – BRAND NEW Detached Single Family Home (Built in 2025) - Modern 3BED / 2BATH 1,030 SF with a 2-car garage, Central A/C & Heat. Market Rent: $4,000/month.
Unit 2 – Fully Remodeled - Spacious 3BED / 2BATH approx. 1,050 SF with 2-car driveway parking, Central A/C & Heat. Current Rent $3,500/month.
Total Rental Income: $7,500/month.
Separate Gas & Electricity meters – tenants pay all utilities. Each unit features open-concept layouts, modern cabinetry, quartz countertops, high-end appliances, vinyl flooring, Central A/C & Heat, recessed lighting, walk-in closets, and in-unit washer/dryer hookups.
With quality renovations and new construction, this is a low-maintenance property for the next 10+ years. Located in a prime Garden Grove neighborhood close to schools, shopping, dining, and freeway access.
Location
Financial Information
List Price:
$ 1575000
Property Features
Accessibility Features:
Parking
Appliances:
Dishwasher, Disposal
Community Features:
Sidewalks
Fencing:
Vinyl
Flooring:
Vinyl
Foundation Details:
Raised
Heating:
Central
High School District:
Garden Grove Unified
Levels:
One
Parking Features:
Driveway, Garage
Roof:
Shingle
Senior Community YN:
false
Structure Type:
House
View:
Neighborhood
Water Source:
Public
High School District:
Garden Grove Unified
Senior Community YN:
false
MLS Area Major:
64 - Garden Grove E of Euclid, W of Harbor
City:
Garden Grove
Listed By:
Nhi Phan
Real Broker
CA Lic#
CA Lic#