Request More Info
Schedule a Showing
Share
Print
|
Exceptional Investor Opportunity with Approved ADU Permit & High Income Potential! Situated on a generous 7,452 sq ft lot, this property includes an approved ADU permit, making it ideal for a fix & flip, rental portfolio, or future development. The main home features 3 spacious bedrooms and 2 bathrooms, plus a converted garage currently used as a 4th bedroom with a private bath—perfect for separate rental income at $1,200/month. The home is currently rented at $4,000/month, with easy potential to increase to $4,500+, plus the additional income from a future ADU. With the ADU, You can make it 3 rental unit on 1 lot or live in 1 and rent out the other 2 units.Enjoy modern upgrades including Fully Paid-Off SOLAR for low utility costs, recessed lighting, granite kitchen countertops, fresh interior paint, washer/dryer hookups, and a gated concrete driveway that accommodates 6+ vehicles—no parking issue. Despite its proximity to a main road, the home remains quiet and private, offering a peaceful environment with no parking hassles.Ideally located near major freeways, parks, dog parks, popular restaurants, Asian markets, and top-rated 8/10 schools—including Bolsa Grande High School, and highly rated elementary and intermediate schools—this property combines location, income potential, and long-term value. Whether you're a seasoned investor or a first-time buyer aiming to maximize returns, this is a standout opportunity. Can be delivered vacant or tenant-occupied—the choice is yours!
Property Type(s):
Single Family
| Last Updated | 5/19/2025 | Tract | Midway City |
|---|---|---|---|
| Year Built | 1957 | Community | Garden Grove S of Chapman, W of Euclid |
| County | Orange |
SCHOOLS
| School District | Garden Grove Unified |
|---|---|
| Elementary School | Cook |
| Jr. High School | Jordan |
| High School | Bolsa Grande |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater |
| AREA | Garden Grove S of Chapman, W of Euclid |
| CONSTRUCTION | Stucco |
| GARAGE | Concrete, Driveway, On Site, Private, RV Access/Parking |
| HEAT | None |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Granite Counters, Recessed Lighting |
| LOT | 7452 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Rectangular Lot |
| PARKING | Concrete,Driveway,On Site,Private,RV Access/Parking |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Modern |
| SUBDIVISION | Midway City |
| UTILITIES | Electricity Available,Natural Gas Available,Sewer Available,Water Available, Electric: Photovoltaics Seller Owned |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | R-1 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with First Team Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email