Skip To Content

9671 Maureen Drive

Garden Grove, CA 92841
  • $4,725,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: OC26091653
$4,725,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Tyler Leeson of Marcus & Millichap RE Invest (949-419-3200)


Description

9661 - 9671 Maureen Drive is a heavily renovated 12-unit multifamily community located in Garden Grove, California. Constructed in 1958 and extensively renovated in 2025, the property features a desirable unit mix of 12 two-bed/one-bath units across a combination of single-story buildings and a two-story structure with ground-level garages, offering units with no neighbors above or below. Ownership has completed a comprehensive renovation program across all units, with improvements ranging from upgraded flooring, fixtures, and fresh interior paint to fully renovated unit interiors. Multiple units have already achieved market-leading rents for comparable properties in the area, demonstrating strong in-place income. Currently, three units are vacant, providing immediate upside for a new owner to lease at market rents from day one or implement additional upgrades to further enhance rental income. The property sits on a 0.44-acre parcel and offers a strong parking ratio with 12 single-car garages and 4 surface spaces, along with on-site laundry, security doors, and a central courtyard that supports tenant appeal and retention. 9661 - 9671 Maureen Drive represents a compelling opportunity to acquire a renovated asset with proven rental performance and immediate income upside.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-19T00:28:22.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175882052
Print Image

9671 Maureen Drive Garden Grove, CA 92841

  • Price: $4,725,000
  • Status: Active
  • On Site: 20 Days
  • ID#: OC26091653
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1958
Built
Neighborhood:
Other
County:
Orange
Area:
62 - Garden Grove N of Chapman, W of Euclid
Property Description
9661 - 9671 Maureen Drive is a heavily renovated 12-unit multifamily community located in Garden Grove, California. Constructed in 1958 and extensively renovated in 2025, the property features a desirable unit mix of 12 two-bed/one-bath units across a combination of single-story buildings and a two-story structure with ground-level garages, offering units with no neighbors above or below. Ownership has completed a comprehensive renovation program across all units, with improvements ranging from upgraded flooring, fixtures, and fresh interior paint to fully renovated unit interiors. Multiple units have already achieved market-leading rents for comparable properties in the area, demonstrating strong in-place income. Currently, three units are vacant, providing immediate upside for a new owner to lease at market rents from day one or implement additional upgrades to further enhance rental income. The property sits on a 0.44-acre parcel and offers a strong parking ratio with 12 single-car garages and 4 surface spaces, along with on-site laundry, security doors, and a central courtyard that supports tenant appeal and retention. 9661 - 9671 Maureen Drive represents a compelling opportunity to acquire a renovated asset with proven rental performance and immediate income upside.
Exterior Features

Entry Level 1 Entry Location First level Lot Features Street Level Number Of Separate Electric Meters 12 Open Parking Spaces 4 Parking Total 16 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5 Common Interest Community Apartment Community Features CurbsGutter(s)Street LightsSidewalks Electric Expense 1345 Fuel Expense 840 Garage YN Yes Gross Income 362350 Gross Scheduled Income 359100 Insurance Expense 12000 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Maintenance Expense 8400 Net Operating Income 236043 New Construction YN No New Taxes Expense 55279 Number Of Separate Gas Meters 12 Number Of Separate Water Meters 1 Operating Expense 115534 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 6985 Vacancy Allowance 10773 Vacancy Allowance Rate 3 Water Sewer Expense 6986 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-19T00:28:22.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_427775332-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_427775332-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_427775332-2.jpg
Logo
RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Tyler Leeson of Marcus & Millichap RE Invest (949-419-3200)