$5,150,000
About this home
9551 - 9561 Maureen Drive is a 16-unit multifamily community located in Garden Grove, California. Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two buildings on one parcel, with community amenities including on-site laundry, a spacious central courtyard, and garage and surface parking. Parking is provided through 16 garage spaces and 2 surface spaces, offering ample parking options for residents. Ownership has completed several recent capital improvements and property upgrades, including SB-721 completion in October 2025, walkway decking replacement, gas line replacement at 9551, roof replacement, garage door installation, fascia repairs/repainting, electrical panel/subpanel upgrades, and select interior unit upgrades. These improvements address several exterior, structural, and building system items while helping reduce near-term capital expenditure exposure. Overall, 9551 - 9561 Maureen Drive offers a straightforward all two-bedroom unit mix, functional parking, a shared courtyard layout, and several completed capital improvements to major building systems. The completed improvements and remaining value-add opportunities position the property to benefit from future interior renovations, common-area enhancements, and operational efficiencies under new ownership.
Facts & features
- Laundry
- Common Area
- Levels
- Two
- Lot size
- 0.5 acres (21,780 sq ft)
- Pool
- None
- Year built
- 1960
- Parking spaces
- 18
- Area
- 62 - Garden Grove N of Chapman, W of Euclid
- County
- Orange
- Community features
- Curbs, Gutters, Street Lights, Sidewalks
- Status
- Active
- Property type
- Apartment
- Days on market
- 42
- Listed
- 2026-06-09
- Terms
- Cash, Cash To New Loan, Conventional, Exchange 1031
- Parcel #
- 13210130
- MLS #
- OC26125729