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9551 9561 Maureen Drive

Garden Grove, CA 92841

$5,150,000 $21,712/Mo

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Overview

Bed

Bath

0.50

Acre(Lot)

Description

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.

Property Details

Property Type : ResidentialIncome

Price : $5,150,000

AD Id : 81921907

MLS Id : OC26125729

Beds : 2

Lot Size : 0.50 Acre

Year Built : 1960

Garage : 16

County : Orange

Map

What's Nearby

Nearby Areas

Features

Building Information

Year Built: 1960

Building Area Total: 13520

Stories: 2

Pool Features: None

Private Pool: No

Lot Information

Main Square Feet: 0.5 Lot Size Acres: 0.5 Lot Size Source: Assessor Lot Size Square Feet: 21,780 Lot Description: StreetLevel

Property Information

Subdivision: Other Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 66

Listing Price Information

Listing Price: $5150000

Cash, CashToNewLoan, Conventional, Exchange1031

Tax Information

Parcel Number: 13210130 Tax Lot: 61

Parking Information

Parking Total: 18

Garage Information

Has Garage: Yes Garage Space: 16

Location Information

Direction: Cross Streets of Maureen Drive & South Gilbert Street WaterSource: Public

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