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10092 10094 Larson Avenue, Garden Grove, California 92843, Garden Grove, - bed, bath

home-pic
ACTIVE$1,249,000
10092 10094 Larson Avenue, Garden Grove, California 92843
5Beds
3Baths
2,183Sqft
7,125Lot
Year Built
1945
Close
-
List price
$1.25M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25101967
Home ConditionFair
Features
ViewNeighborhood

About this home

Welcome to Your Dream Investment Opportunity in Downtown Garden Grove! Two Single Houses for 1 Lot. Located in the highly desirable Brookrust and Garden Grove area, this property boasts an unbeatable location in the heart of a thriving community. Enjoy the vibrant energy of Garden Grove with its renowned Vietnamese and Korean restaurants, convenient shopping at Costco, and the bustling charm of nearby city streets. This prime setting offers not only convenience but also a dynamic lifestyle that’s hard to beat. This unique property features two single-family homes on one lot, offering flexibility for multi-generational living or rental income potential. The front unit includes 2 bedrooms and 1 bath spanning 1,105 sqft, while the back unit offers 3 bedrooms and 2 baths with 1,078 sqft. Additional highlights include separate utility meters (electric, water, and gas) for each unit and a spacious 2-car garage measuring 572 sqft. With both units tenant-occupied, you’ll enjoy instant rental income, making this property a seamless and smart investment. With just a touch of TLC, you can elevate this property to its full potential while reaping the benefits of its prime location. Don’t let this rare opportunity slip away—schedule your private showing today and make this incredible property yours!

Price History

Date
Event
Price
08/27/25
Price Change
$1,249,000
05/07/25
Listing
$1,299,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds50
0%
Baths30
0%
Square foot2,1833,059
50%
Lot Size7,1259,879
50%
Price$1.25M$1.52M
50%
Price per square foot$572$514
50%
Built year19459725989
50%
HOA
Days on market182168
50%
Condition Rating
Fair
The property was built in 1945, making it 79 years old. The exterior images show an aged property with visible wear and tear, consistent with a home that has been maintained but not extensively renovated. The listing description mentions needing 'a touch of TLC,' which aligns with the 'fair' condition criteria of requiring minor updates or repairs. Without interior photos, a detailed assessment of the kitchen, bathrooms, appliances, and other internal features is not possible, but given the age and the 'TLC' note, it's highly probable these areas are outdated and would benefit from renovation.
Pros & Cons

Pros

Income-Generating Duplex: This property features two single-family homes on one lot, both tenant-occupied with separate utility meters, providing immediate and stable rental income.
Prime Garden Grove Location: Located in a highly desirable area, the property benefits from a vibrant community, renowned local restaurants (Vietnamese/Korean), and convenient shopping options like Costco.
Versatile Investment Potential: The unique configuration offers flexibility for multi-generational living or continued rental income, appealing to a broad range of investors and owner-occupants.
Ample Parking and Storage: A spacious 2-car garage provides valuable parking and storage solutions, a significant advantage in a dense urban environment.
Established Neighborhood Amenities: Proximity to diverse dining, shopping, and bustling city streets enhances the lifestyle appeal for tenants and residents, contributing to property value.

Cons

Age and Condition (TLC Needed): Built in 1945, the property is older and the description notes it requires 'just a touch of TLC,' suggesting potential for deferred maintenance, outdated systems, or necessary upgrades to maximize its value.
Recent Price Reduction: The list price has been reduced from $1.299M to $1.249M, which could indicate initial overpricing or a longer time on market, potentially signaling a lack of immediate buyer interest at the higher price point.
Potential Renovation Costs: While 'TLC' is mentioned, the extent of necessary upgrades to 'elevate this property to its full potential' is unspecified, implying that a buyer may need to budget for significant renovation costs.

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