9611 Alwood Avenue, Garden Grove, California 92841, Garden Grove, - bed, bath

home-pic
ACTIVE$1,690,000
9611 Alwood Avenue, Garden Grove, California 92841
5Beds
5Baths
2,500Sqft
15,682Lot
Year Built
1927
Close
-
List price
$1.69M
Original List price
$1.69M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25020515
Home ConditionPoor
Features
View-

About this home

Unmatched Opportunity in Garden Grove's Prime Location.This is an extraordinary chance to live, develop, or invest in one of Garden Grove’s most highly sought-after neighborhoods. The 0.36-acre property is zoned Mixed Use 2 (GGMU-S), unlocking unparalleled potential for multi-unit development or a blend of commercial and residential use. Situated near CA-22, this property is perfectly positioned to capitalize on the area's rapid growth and increasing demand. Conveniently located minutes from top amenities including schools, Costco, 24-Hour Fitness, Home Depot, Little Saigon, Koreatown, and an array of dining and shopping options, this lot offers unmatched accessibility and exposure. The property is strategically located between two large apartment complexes, with more directly across the street, making it an ideal choice for multi-family development. Additionally, you’re just a short drive from Disneyland and the bustling Anaheim Entertainment District—two of the region’s most iconic destinations. This property is poised to be a cornerstone in the ongoing expansion of Garden Grove, offering a high-visibility location that benefits from both urban convenience and suburban appeal. Whether you're looking to build, invest, or capitalize on long-term appreciation, this opportunity is a must-see. Secure your stake in one of the fastest-growing areas in Southern California.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (49 Listings)
Beds53
94%
Baths52
96%
Square foot2,5001,533
96%
Lot Size15,6828,234
86%
Price$1.69M$1.08M
96%
Price per square foot$676$686
46%
Built year19279775978
2%
HOA
Days on market230153
90%
Condition Rating
Poor

The property was built in 1927 and the images show significant deferred maintenance. The exterior appears worn, and the overall condition suggests substantial repairs are needed. Given the age and apparent lack of recent renovation, it requires significant rehabilitation.
Pros & Cons

Pros

Development Potential: The 0.36-acre property is zoned Mixed Use 2 (GGMU-S), offering significant potential for multi-unit development or a blend of commercial and residential use.
Prime Location: Located in a highly sought-after neighborhood in Garden Grove, offering excellent accessibility and exposure.
Proximity to Amenities: Conveniently located minutes from top amenities including schools, Costco, 24-Hour Fitness, Home Depot, Little Saigon, Koreatown, and an array of dining and shopping options.
High Visibility: Strategically located between two large apartment complexes and across the street from others, making it ideal for multi-family development and offering high visibility.
Accessibility: Near CA-22, providing easy access to surrounding areas and capitalizing on the area's rapid growth.

Cons

Property Condition: The property was built in 1927 and requires significant rehabilitation due to deferred maintenance and its overall worn condition.
Unknown Interior Condition: The description focuses on the lot and location, suggesting the interior condition may need substantial work, which could deter some buyers.
No Specific View: The property has 'None' view, which might be less appealing compared to properties with scenic views.

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