NOT LISTED FOR SALE

11402 Morgan Ln Garden Grove, CA 92840

Estimated Value: $1,261,000 - $1,519,000

3 Beds
2 Baths
1,200 Sq Ft
$1,209/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $905,000 $754 Per Sq Ft

Highlights

  • No HOA
  • Neighborhood Views
  • Ductless Heating Or Cooling System
  • Parkview Elementary Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of August 2024

Incredibly Rare 2-UNIT investment property nestled in the highly desirable neighborhood of Garden Grove. 2 Detached Single-Family Homes.
Unit 1-BRAND NEW ADU: Completed in 2025, Detached from the Main House, 3BED / 2BATH, approx. 1,050SF, 2-Car Driveway Parking. Market Rent: $3,500/month.
Unit 2-FULLY REMODELED Main House: Loaded with new upgrades: 3BED / 2 BATH, approx. 1,150SF, Current Rent: $3,600/month.

Separate Gas and Electric meters; tenants pay for all utilities. Maintenance will be hassle-free for the next 10+ years.
Perfect for first time homeowners looking to live in one unit and rent out the other two units. Ideal choice for 1031-exchange opportunity, homeowners and investors. Don't miss this profitable opportunity!

Last Agent to Rent the Property

Vinh Pham

NRI Group Brokerage Phone: 7144857037 License #02054997 Listed on: 08/01/2024

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1954

Lot Details

  • 7,200

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Sewer Paid

Additional Features

  • Patio
  • 7,200 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,600
  • Available 8/1/24
  • Tax Lot 17
  • Tax Tract Number 18018
  • Assessor Parcel Number 09044507

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,224

Year Built

Built in 1954

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3600
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK, Size Limit, Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Other Phone Number: 7142428332
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 09044507
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Stories: 1
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood
  • Heating Type: Ductless
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Garden Grove Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1653
  • Latitude Manual: 33.79722200

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 7200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 18018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Jul 1, 2024
Sold by
David Armando Acuna Living Trust and Acuna David Armando
Bought by
A1phanrl Llc
Seller's Agent
Vinh Pham
NRI Group
Buyer's Agent
NoEmail NoEmail
None MRML
Sold Price
$3,600
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.09%
Original Mortgage
$1,042,500
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2021
Sold by
Acuna David A
Bought by
Acuna David Armando and David Armando Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2020
Sold by
Acuna David Armando
Bought by
Acuna David Armando

Purchase Details

Closed on
Jan 5, 2018
Sold by
Allard Alicia C
Bought by
Acuna David Armando

Purchase Details

Closed on
Mar 24, 2009
Sold by
Allard Alicia C
Bought by
Allard Alicia C and The Alicia C Allard Revocable Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1996
Sold by
Allard Alicia C
Bought by
Allard Alicia C and Alicia C Allard Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
A1phanrl Llc $905,000 Fidelity National Title
Acuna David Armando -- Accommodation
Acuna David A -- Wfg National Title
Acuna David Armando -- None Available
Acuna David Armando -- None Available
Allard Alicia C -- Accommodation
Allard Alicia C -- First American Title Company
Allard Alicia C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alphanri Llc $1,087,500
Closed A1phanrl Llc $1,042,500
Previous Owner Acuna David A $150,000
Previous Owner Allard Alicia C $170,000
Previous Owner Allard Alicia C $225,000
Previous Owner Allard Alicia C $14,400
Previous Owner Allard Alicia C $93,000
Previous Owner Allard Alicia C $100,000
Previous Owner Allard Alicia C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $1,495,000 -2.0% $680 / Sq Ft
05/01/2025 05/01/25 Price Changed $1,525,000 -1.6% $693 / Sq Ft
01/17/2025 01/17/25 For Sale $1,550,000 0.0% $705 / Sq Ft
08/12/2024 08/12/24 Rented $3,600 0.0% --
08/01/2024 08/01/24 For Rent $3,600 0.0% --
07/12/2024 07/12/24 Sold $905,000 +3.0% $800 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $878,888 -- $777 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,224 $66,136 $32,951 $33,185
2023 $1,197 $64,840 $32,305 $32,535
2022 $1,169 $63,569 $31,671 $31,898
2021 $1,153 $62,323 $31,050 $31,273
2020 $1,140 $61,684 $30,731 $30,953
2019 $1,130 $60,475 $30,128 $30,347
2018 $1,023 $59,290 $29,538 $29,752
2017 $1,010 $58,128 $28,959 $29,169
2016 $972 $56,989 $28,391 $28,598
2015 $958 $56,133 $27,964 $28,169
2014 $935 $55,034 $27,416 $27,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24156673

California Regional Multiple Listing Service (CRMLS)

APN: 090-445-07