10181 Larson Avenue, Garden Grove, California 92843, Garden Grove, 92843 - 4 bed, 4 bath

10181 Larson Avenue, Garden Grove, California 92843 home-pic-0
ACTIVE UNDER CONTRACT$1,195,000
10181 Larson Avenue, Garden Grove, California 92843
4Beds
4Baths
2,044Sqft
8,208Lot
Year Built
1944
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$585
HOA
-
Days on market
-
Sold On
-
MLS number
WS25268038
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $1.20M(90th), sqft - 2044(88th), beds - 4(60th), baths - 4(93th).

Home for the Holidays! Investor’s Gem • High R.O.I & Strong Rental Income Potential • Prime Garden Grove Location Just 5-10 minutes from Little Saigon, this rare opportunity places you near top Asian markets, restaurants, and major transportation—an unbeatable hot spot for both homeowners and investors. This expansive 4BR/4BA home offers 2,044 sq ft of living space on a massive 8,208 sq ft lot— Parkings are entering from the rear of the alley street thru large iron sliding gate approximately 20ft wide opening.ideal for a future ADU, basketball court, or resort-style outdoor retreat. With parking for appx 10 cars. This property is designed for convenience, flexibility, and maximum income potential. Interior Features: (FL)-Elegant double-glass door master bedroom entry with spacious main floor bedrooms with an updated ensuite bath. (FR)-Luxurious primary suite with lounge/office. (RL)-Additional bedroom suites can be used for comfort and privacy. (RR)-Media room, gym. "PROPERTY TO BE SOLD AS IS". Per the NHD report, this home is NOT located in a High Fire Hazard Area.(attached Supplement) Top-Rated Nearby Schools (0.2–0.7 miles): Elementary: Mitchell, Sunnyside, Excelsior. Intermediate: Donald S. Jordan. High School: Santiago & Garden Grove. Investment & Value-Add Highlights: Excellent opportunity to modernize and boost rental income. Upgraded copper plumbing, double panes window, + roof under 3 years old. Low-maintenance huge backyard with extensive concrete and a large patio perfect for gatherings. Fruit-Lover’s Paradise: The yard is lined with mature orange, lemon, guava, persimmon, and jujube trees, providing shade, beauty, and fresh seasonal harvests year-round. A rare, high-potential property in a highly desirable area—just in time for the holidays.

Price History

Date
Event
Price
12/03/25
Listing
$1,195,000
Condition Rating
Fair

Built in 1944, this property has seen recent significant system upgrades including a new roof (under 3 years), copper plumbing, and double-pane windows, which are strong positives for its structural integrity and basic functionality. However, the interior, particularly the kitchen, is notably dated with older white cabinets, basic countertops, tile backsplash, and older appliances. The living areas also feature dated aesthetics like older tile flooring and track lighting. The listing itself highlights an 'opportunity to modernize' and states the property is sold 'as-is,' indicating that substantial cosmetic and functional updates are needed to bring it to current market standards. While major systems are functional and recently updated, the overall interior style and features are outdated, aligning with the 'Fair' condition category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8208, living area = 2044.
Prime Location & Accessibility: Strategically located in Garden Grove, just 5-10 minutes from Little Saigon, offering convenient access to top Asian markets, restaurants, major transportation, and highly-rated schools (0.2-0.7 miles away).
Strong Investment & Income Potential: Marketed as an 'Investor’s Gem' with high ROI and strong rental income potential, further enhanced by the large lot's suitability for a future ADU, maximizing flexibility and income.
Large Lot & Ample Parking: Features a massive 8,208 sq ft lot, ideal for an ADU, recreational amenities, or a resort-style outdoor retreat, complemented by parking for approximately 10 cars accessible via a 20ft wide alley gate.
Recent Key System Upgrades: Significant recent updates include upgraded copper plumbing, double-pane windows, and a roof installed less than 3 years ago, reducing immediate maintenance concerns for critical systems.
Versatile Outdoor Space & Fruit Trees: The low-maintenance backyard boasts extensive concrete and a large patio perfect for gatherings, alongside a 'Fruit-Lover’s Paradise' with mature orange, lemon, guava, persimmon, and jujube trees.

Cons

Sold 'As-Is' Condition: The property is explicitly sold 'AS IS,' indicating that buyers should anticipate potential needs for repairs, renovations, or upgrades at their own expense without seller contribution.
Need for Modernization: The description highlights an 'Excellent opportunity to modernize,' suggesting that while functional, the interior aesthetics and finishes may be dated and require significant renovation to maximize value and appeal.
Age of Property: Built in 1944, despite some recent upgrades, the property's age may imply other systems or components could be original or require attention, potentially leading to unforeseen maintenance costs.

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