11471 Morgan Lane, Garden Grove, California 92840, Garden Grove, - bed, bath
ACTIVE$1,380,000
11471 Morgan Lane, Garden Grove, California 92840
5Beds
4Baths
2,314Sqft
7,800Lot
Year Built
1954
Close
-
List price
$1.38M
Original List price
$1.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW24249761
Home ConditionGood
Features
View-
About this home
NEW BUILT ADU in 2020 2beds/2baths (1176 sf) along with porch (68 sf). ADU has separate address and separate electric meter, also Solar Panels on ADU are owned. Great for investment, tenant occupied. Remodeled front house and 2020 ADU built. Close to Disneyland and supermarkets.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (78 Listings) | |
|---|---|---|---|
| Beds | 5 | 3 | 89% |
| Baths | 4 | 2 | 89% |
| Square foot | 2,314 | 1,569 | 87% |
| Lot Size | 7,800 | 7,440 | 58% |
| Price | $1.38M | $1.04M | 90% |
| Price per square foot | $596 | $643 | 35% |
| Built year | 1954 | 1955 | 35% |
| HOA | |||
| Days on market | 324 | 148 | 99% |
Condition Rating
Good
The property has a newly built ADU (2020) and the front house is remodeled. Although the main house was built in 1954, the ADU brings the overall condition up. The description mentions solar panels and remodeled front house. Without interior pictures, it's difficult to assess the kitchen and bathroom conditions precisely, but based on the available information, 'Good' seems appropriate.
Pros & Cons
Pros
New ADU: The property features a newly built (2020) ADU with 2 beds/2 baths, offering potential for rental income or multi-generational living.
Separate Utilities for ADU: The ADU has a separate address and electric meter, simplifying utility management and tenant billing.
Owned Solar Panels on ADU: Owned solar panels on the ADU reduce electricity costs and enhance its appeal to environmentally conscious tenants or buyers.
Remodeled Front House: The front house has been remodeled, suggesting updated features and improved aesthetics.
Prime Location: The property is located close to Disneyland and supermarkets, offering convenient access to entertainment and daily necessities.
Cons
Older Main House: The main house was built in 1954, potentially requiring future updates or repairs despite the remodeling.
Price Reduction: The property has undergone a price reduction from its original list price, which may indicate market resistance or perceived overpricing.
No Interior Photos: The absence of interior photos makes it difficult to fully assess the condition and quality of the remodeled front house and the ADU.