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Renovated 12-Unit Multifamily Community
For Sale
$4,675,000

9661 Maureen Dr, Garden Grove, CA 92841

Heavily renovated 12-unit multifamily property with a mix of single-story buildings and a two-story structure with ground-level garages.

Property Size8,329 SF
Lot Size0.44 Acres
Days on Market115

Property Features for 9661 Maureen Dr

General Information

Standard status Active
Size 8,329 SF
Total Parking Spaces 16
Lot size 0.44 Acres
Property subtype Multifamily
Occupancy 75%

Additional Details

Cap Rate 5%
Multifamily Units 12

Amenities

on-site laundry
security doors
central courtyard
Turnkey 12-unit multifamily asset with extensive 2025 renovations
All 2 Bed/1 Bath units offering broad and consistent rental appeal
Desirable layout with a mix of single-story units and a two-story building with garages
Many units offer no neighbors above or below, enhancing privacy and livability
Garages (12 spaces) and surface (4 spaces) on a spacious 0.44-acre parcel
Walkable and convenient access to nearby retail, major shopping centers, and Disneyland within 2.5 miles

Building Details

Building Size 8,329 SF
Year Built 1958
Year Renovated 2025
Units 12
Tenancy Multi
Listed By: Logan Perry · License #License(s): CA: 02132506
Source: Marcusmillichap
Added: May 14 Changed: Sep 3 Last Checked: Sep 5 at 3:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Logan Perry

Investment Insights

Based on property information with market context.

This heavily renovated 12-unit multifamily community at 9661–9671 Maureen Drive was constructed in 1958 and extensively renovated in 2025. The property offers a unit mix of twelve two-bedroom, one-bath units across a combination of single-story buildings and a two-story structure, with ground-level garages and units designed for no neighbors above or below. Ownership completed a comprehensive renovation program across all units, including upgraded flooring, fixtures, fresh interior paint, and fully renovated unit interiors.

The community is set on a 0.44-acre parcel and includes 12 single-car garages plus four surface parking spaces. Additional on-site amenities include laundry facilities, security doors, and a central courtyard.

Three units are currently vacant, creating immediate availability for a new owner to lease. The property also features a practical layout that supports consistent residential use, with garages at ground level as part of the overall configuration.

Key Highlights

  • Heavily renovated 12‑unit multifamily community at 9661–9671 Maureen Drive, built in 1958 and extensively renovated in 2025
  • Unit mix: 12 two‑bed/one‑bath units across single‑story buildings and a two‑story structure with ground‑level garages
  • Several upgrades completed across all units, including upgraded flooring, fixtures, fresh interior paint, and fully renovated interiors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

Demographics for 92841, CA

34,376
Population
9,813
Households
3.5
Avg Household Size
39
Median Age
22%
College-Educated
75%
High-School Grad
4.6 sq mi
ZIP Area
7,473
Density / Sq Mi
$81,975
Median Household Income
$36,900
Median Earnings
$1,983
Median Rent
$766,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Heavily renovated 12-unit multifamily property with a mix of single-story buildings and a two-story structure with ground-level garages.
Where is this apartment building located?
The property is located at 9661 Maureen Dr Garden Grove, CA.
What is the asking price?
The asking price for this property is $4,675,000.
What are key features of this property?
This property features: Heavily renovated 12‑unit multifamily community at 9661–9671 Maureen Drive, built in 1958 and extensively renovated in 2025; Unit mix: 12 two‑bed/one‑bath units across single‑story buildings and a two‑story structure with ground‑level garages; Several upgrades completed across all units, including upgraded flooring, fixtures, fresh interior paint, and fully renovated interiors
More about this property
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