$5,095,000
9551 9561 Maureen Drive
Garden Grove, CA 92841
—
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.
Property Details
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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
Courtesy of Marcus & Millichap RE Invest






