V
Landlord's Agent in 2025
Vinh Pham
NRI Group
11081 Iris Dr Garden Grove, CA 92840
Estimated Value: $790,350 - $916,000
3
Beds
2
Baths
1,100
Sq Ft
$786/Sq Ft
Est. Value
Highlights
- No HOA
- Neighborhood Views
- Laundry Room
- Stanley Elementary School Rated A-
- Patio
- Central Heating and Cooling System
About This Home
As of February 2025Incredible 2-Unit Investment Property in the heart of Garden Grove! Don’t miss this opportunity to own a highly desirable property featuring a fully remodeled home and a brand-new construction Detached Single Family Home — perfect for investors, 1031 exchange buyers, or owner-occupiers seeking rental income.
Unit 1 – BRAND NEW Detached Single Family Home (Built in 2025) - Modern 3BED / 2BATH 1,030 SF with a 2-car garage, Central A/C & Heat. Market Rent: $4,000/month.
Unit 2 – Fully Remodeled - Spacious 3BED / 2BATH approx. 1,050 SF with 2-car driveway parking, Central A/C & Heat. Current Rent $3,500/month.
Total Rental Income: $7,500/month.
Separate Gas & Electricity meters – tenants pay all utilities. Each unit features open-concept layouts, modern cabinetry, quartz countertops, high-end appliances, vinyl flooring, Central A/C & Heat, recessed lighting, walk-in closets, and in-unit washer/dryer hookups.
With quality renovations and new construction, this is a low-maintenance property for the next 10+ years. Located in a prime Garden Grove neighborhood close to schools, shopping, dining, and freeway access.
Last Agent to Rent the Property
Vinh Pham
NRI Group Brokerage Phone: 714-787-7993 License #02054997 Listed on: 02/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,629
Year Built
- Built in 1950
Lot Details
- 7,245
Interior Spaces
- 1,100 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Neighborhood Views
Kitchen
- Gas Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Driveway
- On-Street Parking
Utilities
- Central Heating and Cooling System
- Sewer Paid
Additional Features
- Patio
- 7,245 Sq Ft Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $3,490
- 6-Month Minimum Lease Term
- Available 1/31/25
- Tax Lot 25
- Tax Tract Number 1183
- Assessor Parcel Number 09007118
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Sep 27, 2024
Sold by
Eastman James Edgar
Bought by
Pi Group Residential Holdings Llc
Seller's Agent
Leslie Stonick
Compass
Buyer's Agent
Leslie Stonick
Compass
List Price
$765,000
Sold Price
$835,000
Premium/Discount to List
$70,000
9.15%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$1,012,500
Outstanding Balance
$1,002,571
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
-$138,483
Purchase Details
Closed on
Dec 7, 2018
Sold by
Cirtwill Investments Inc
Bought by
Cirtwill Kristi L and Kristi L Cirtwill Living Trust
Purchase Details
Closed on
Jan 10, 2002
Sold by
Eastman Thomas J
Bought by
Eastman James E
Purchase Details
Closed on
Oct 9, 2001
Sold by
Eastman Thomas J and Eastman James E
Bought by
Eastman Thomas J and Eastman James E
Purchase Details
Closed on
Oct 21, 1999
Sold by
Dale Eastman and Dale Alice R
Bought by
Eastman Dale and Eastman Alice R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pi Group Residential Holdings Llc | $835,000 | Consumers Title | |
| Cirtwill Kristi L | -- | None Available | |
| Eastman James E | $120,000 | -- | |
| Eastman Thomas J | -- | -- | |
| Eastman Dale | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pi Group Residential Holdings Llc | $1,012,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $1,575,000 | 0.0% | $757 / Sq Ft |
| 02/17/2025 02/17/25 | Rented | $3,490 | 0.0% | -- |
| 02/06/2025 02/06/25 | Price Changed | $3,490 | -0.3% | $3 / Sq Ft |
| 02/06/2025 02/06/25 | For Rent | $3,500 | 0.0% | -- |
| 10/23/2024 10/23/24 | Sold | $835,000 | +9.2% | $808 / Sq Ft |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | For Sale | $765,000 | -- | $740 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,629 | $185,405 | $147,636 | $37,769 |
| 2023 | $2,578 | $181,770 | $144,741 | $37,029 |
| 2022 | $2,519 | $178,206 | $141,903 | $36,303 |
| 2021 | $2,485 | $174,712 | $139,120 | $35,592 |
| 2020 | $2,455 | $172,921 | $137,693 | $35,228 |
| 2019 | $2,425 | $169,531 | $134,993 | $34,538 |
| 2018 | $2,369 | $166,207 | $132,346 | $33,861 |
| 2017 | $2,344 | $162,949 | $129,751 | $33,198 |
| 2016 | $2,236 | $159,754 | $127,206 | $32,548 |
| 2015 | $2,207 | $157,355 | $125,295 | $32,060 |
| 2014 | $2,156 | $154,273 | $122,841 | $31,432 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Seller's Agent in 2025
Nhi Phan
Real Broker
-
N
Tenant's Agent in 2025
NoEmail NoEmail
None MRML
-
L
Seller's Agent in 2024
Leslie Stonick
Compass
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25022783
APN: 090-071-18
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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