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For SaleLuxury

$5,095,000

21,780 sqft$234/sqft150 days on market

9551 9561 Maureen Drive

Garden Grove, CA 92841

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

21,780

Square feet

1960

Built

Listing narrative

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.

Listing agent (MLS): Christian Tait · Listing brokerage (MLS): Marcus & Millichap RE Invest

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$5,095,000

Beds

Beds n/a

Type

Condo

Home Size

21,780 sqft

Baths

Baths n/a

Lot Size

0.50 acres

Year

1960

Neighborhood

Other

Status

For Sale

Days on Market

150

$ / Sqft

$234

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap RE Invest