11881 Old Fashion Way, Garden Grove, California 92840, Garden Grove, - bed, bath

home-pic
ACTIVE$1,275,000
11881 Old Fashion Way, Garden Grove, California 92840
4Beds
4Baths
2,237Sqft
7,222Lot
Year Built
1952
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW24225472
Home ConditionGood
Features
View-

About this home

Rare find in the hear of Garden Grove! Beautiful GUT RENOVATED Single family home with a new roof, chef's kitchen, 4 oversized bedrooms, and 4 brand new bath including 2 ensuites. There are 2 BONUS ROOMS perfect for work from home office, nursery, gym, or guest space. Extra large paved driveway with EV capable charging can park 7 cars! The large lot and unfinished 2-car garage with new automatic door provide investors opportunity to add more equity value. This sprawling single story ranch is in an established quite neighborhood with walking distance to supermarkets, schools, shopping, and restaurants, minutes from Little Saigon and Koreatown. An Ideal home for multigenerational living or those looking for extra rental income given to thoughtful divided layout with multiple entrances. Come and see it to believe it!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (78 Listings)
Beds43
59%
Baths42
89%
Square foot2,2371,569
85%
Lot Size7,2227,437
41%
Price$1.27M$1.04M
85%
Price per square foot$570$643
24%
Built year19521955
8%
HOA
Days on market370148
99%
Condition Rating
Good

The listing states the property has been gut renovated with a new roof, chef's kitchen, and 4 new bathrooms. The images show a modern kitchen and bathrooms. Although the house was built in 1952, the extensive renovation brings it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Complete Renovation: The property has undergone a complete gut renovation, suggesting modern updates and potentially fewer immediate maintenance concerns.
Chef's Kitchen: The presence of a chef's kitchen adds significant value and appeal, especially for buyers who enjoy cooking and entertaining.
Multigenerational Living Potential: The layout with multiple entrances and potential for rental income makes it ideal for multigenerational families or investors.
Ample Parking: The extra-large paved driveway with EV charging capability and space for 7 cars is a significant advantage in this area.
Prime Location: Walking distance to supermarkets, schools, shopping, and restaurants, and proximity to Little Saigon and Koreatown, enhance its desirability.

Cons

Unfinished Garage: The unfinished 2-car garage requires additional investment to maximize its utility and value.
Year Built (1952): Despite the renovation, the age of the property may raise concerns about underlying structural or system issues.
Lot Size: While the lot size is decent, it may not be large enough for buyers seeking substantial outdoor space or expansion possibilities.

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