$1,550,000
For Sale

11402 Morgan Lane

Garden Grove, CA 92840
2200 sqft | 6 beds | 4 baths | 0.17 acres | #OC25011997
Listing OfficeNRI Group
Browse 29 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Incredibly Rare 2-UNIT investment property nestled in the highly desirable neighborhood of Garden Grove. 2 Detached Single-Family Homes.
Unit 1-BRAND NEW ADU: Completed in 2025, Detached from the Main House, 3BED / 2BATH, approx. 1,050SF, 2-Car Driveway Parking. Market Rent: $3,500/month.
Unit 2-FULLY REMODELED Main House: Loaded with new upgrades: 3BED / 2 BATH, approx. 1,150SF, Current Rent: $3,600/month.
Separate Gas and Electric meters; tenants pay for all utilities. Maintenance will be hassle-free for the next 10+ years.
Perfect for first time homeowners looking to live in one unit and rent out the other two units. Ideal choice for 1031-exchange opportunity, homeowners and investors. Don't miss this profitable opportunity!

  • Property Details
      • InteriorSeparateFormalDiningRoom, EatInKitchen, OpenFloorplan, QuartzCounters, RecessedLighting, AllBedroomsDown, WalkInClosets
      • Property SubtypeSingleFamilyResidence
      • School DistrictGarden Grove Unified
      • ViewNeighborhood
      • Sewer InformationSewerTapPaid
      • Original List Price$1,550,000
      • MLS #OC25011997
      • MLS #OC25011997
      • Property TypePurchase
      • Cost1550000
      • Acres0.1652
      • Utility SourcePublic
      • CountyOrange
      • SubdivisionOther
      • Structure TypeHouse
      • Square Feet2200
      • Year Built2024
      • Bedrooms6
      • Bathrooms4
      • Full Baths4
      • Stories1
      • Parking Spaces2

Location

Shiela FowlerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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