11081 Iris Drive, Garden Grove, California 92840, Garden Grove, - bed, bath

About this home
Incredible 2-UNITS ON ONE LOT for $787,500 Each UNIT In the heart of Garden Grove. Don’t miss this opportunity to own a highly desirable property featuring a fully remodeled home and a brand-new construction Detached Single Family Home — perfect for investors, 1031 exchange buyers, or owner-occupiers seeking rental income. Unit 1 – BRAND NEW Detached Single Family Home (Built in 2025) - Modern 3BED / 2BATH 1,030 SF with a 2-car garage, Central A/C & Heat. Market Rent: $4,000/month. Unit 2 – Fully Remodeled - Spacious 3BED / 2BATH approx. 1,050 SF with 2-car driveway parking, Central A/C & Heat. Current Rent $3,500/month. Total Rental Income: $7,500/month. Separate Gas & Electricity meters – tenants pay all utilities. Each unit features open-concept layouts, modern cabinetry, quartz countertops, high-end appliances, vinyl flooring, Central A/C & Heat, recessed lighting, walk-in closets, and in-unit washer/dryer hookups. With quality renovations and new construction, this is a low-maintenance property for the next 10+ years. Located in a prime Garden Grove neighborhood close to schools, shopping, dining, and freeway access.
Price History
| Subject | Average Home | Neighbourhood Ranking (76 Listings) | |
|---|---|---|---|
| Beds | 6 | 3 | 95% |
| Baths | 4 | 2 | 88% |
| Square foot | 2,080 | 1,595 | 79% |
| Lot Size | 7,245 | 7,440 | 44% |
| Price | $1.5M | $1.04M | 94% |
| Price per square foot | $721 | $649 | 64% |
| Built year | 2025 | 1955 | 99% |
| HOA | |||
| Days on market | 101 | 147 | 22% |

