13392 Magnolia ST new Save Request In-Person Tour Request Virtual Tour
Garden Grove,CA 92844
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25214241
HOA Y/N No
Year Built 1951
Lot Size 0.630 Acres
Property Sub-Type Apartment
Property Description
13392 Magnolia Street is a 15-unit multifamily community located in Garden Grove, California. Originally comprised of 11 apartments and a single-family home, the property was thoughtfully expanded in 2022 with the addition of three brand-new accessory dwelling units (ADU). Today, the community features a highly desirable and diverse mix of five two-bedroom/one-bath apartments, eight two-bedroom/one-and-a-half-bath townhomes, one three-bedroom/two-bath home, and one four-bedroom/two-bath home. Residents enjoy a variety of amenities including a spacious courtyard, nine units with private patios, two units with private yards, an on-site laundry facility, and a combination of garage, tuck-under, and surface parking options. The community's original units have been extensively renovated with dual-pane windows, ceiling fans, recessed lighting, granite countertops, shaker-style cabinets, stainless steel appliances, vinyl flooring, and more. The newly constructed ADUs further elevate the property with high-quality finishes such as quartz countertops, modern bathroom vanities, and efficient mini-split or central air conditioning systems, offering a modern and attractive living environment. 13392 Magnolia Street benefits from its prime Garden Grove location. To the northeast, tenants enjoy convenient access to Hanmi Plaza, while the H Mart anchored retail center at Garden Grove Boulevard and Magnolia Street provides everyday shopping and dining options just minutes away. To the south, the property is positioned near the vibrant cultural hub of Little Saigon, offering a rich mix of restaurants, retail, and community amenities. Families are supported by proximity to Bolsa Grande High School, while outdoor recreation is available nearby at Garden Grove Park. Furthermore, the property offers excellent regional connectivity with direct access to State Route 22, linking residents to employment and entertainment hubs throughout Orange and Los Angeles Counties. This offering presents investors with the opportunity to acquire a well-located, fully improved multifamily community in the heart of Garden Grove.
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 9.0
Carport Spaces 1
Garage Description 9.0
Pool None
Community Features Curbs,Gutter(s),Sidewalks
Total Parking Spaces 28
Private Pool No
Building
Lot Description Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 09802365
Energy Description 5124.0
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard
Lease Land No