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11651 Jerry Ln, Garden Grove, CA 92840

Sale Price: $1,450,000
Sep 11, 20242,458 sqft7 beds4 baths
Listed by: Dane Fredericksen
License #: 02136078
Phone #: 714-757-7584
Real Estate eBroker, Inc.
Source:
CRMLS Logo
MLS #: PTP2405551

Property Description

Welcome to 11651 & 11655 Jerry Lane, Garden Grove, CA! This unique property offers a fantastic opportunity for homeowners and investors alike. The main residence is a 1199sqft charming single-family home featuring 4 bedrooms and 2 bathrooms, providing ample space for comfortable living. Built in 1954, this home boasts a cozy atmosphere and has been completely remodeled with all new modern updates. The front house was being rented out for $3000, and current rental prices suggest it can rent for $3300-$3500. The tenants have moved out of the property, so you can live in or rent out this house! The property also includes a brand new (built June 2022) separate ADU (Accessory Dwelling Unit) at 11655 Jerry Lane, perfect for board and care, extended family, guests, or rental income. The ADU is a 1259sqft 3 bed, 2 bath detached house that offers privacy and convenience, making it an ideal addition to this already wonderful property. Solar panels are included and completely paid off. The owner was living in this house and will be moving out so you can live in or rent out this house as well! Current rental prices suggest it can rent for $3300-$3500. Situated on a generous 7,464 sq ft lot, the outdoor space is perfect for entertaining, gardening, or simply enjoying the California sunshine. Located in a desirable neighborhood, you’ll have easy access to local parks, schools, shopping, and dining options.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,624

TurboHome Estimated Value

$1,437,400

$585 sqft

High Valuation
$1,509,270
$614/sqft
Normal Valuation
$1,437,400
$585/sqft
Low Valuation
$1,365,530
$556/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$585/sqft$1,437,400

Neighborhood

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Comparative Value

$1.28M

$1.31M

$1.44M

$1.45M

$1.50M

11812 Banner Dr, Garden Grove, CA 92843

Sale Price: $1,280,000

Selected Comparable

13232 Nina Pl, Garden Grove, CA 92843

Sale Price: $1,280,000

Selected Comparable

13612 Gaines Cir, Garden Grove, CA 92843

Sale Price: $1,312,500

Selected Comparable

11622 9th St, Garden Grove, CA 92840

Sale Price: $1,439,000

Selected Comparable

11651 Jerry Ln, Garden Grove, CA 92840

Sale Price: $1,450,000

Selected Comparable

11651 Jerry Ln, Garden Grove, CA 92840

List Price: $1,499,900

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
11651 Jerry Ln, Garden Grove, CA 92840

11651 Jerry Ln, Garden Grove, CA 92840

List: $1,499,900

Listed: 9/11/2024

Area:2,458 sqft
Price/sqft:$610
Beds:7
Baths:4
Year Built:
Lot Size:7,440

Comparable Properties

COMPARABLE
Choose comps
11651 Jerry Ln, Garden Grove, CA 92840

11651 Jerry Ln, Garden Grove, CA 92840

Sale: $1,450,000

11/7/20240.00 mi

Area:2,458 sqft
Price/sqft:$590
Beds:7
Baths:4
Year Built:
Weight:25.8%
11622 9th St, Garden Grove, CA 92840

11622 9th St, Garden Grove, CA 92840

Sale: $1,439,000

10/23/20240.64 mi

Area:2,606 sqft
Price/sqft:$552
Beds:7
Baths:4
Year Built:
Weight:23.0%
11812 Banner Dr, Garden Grove, CA 92843

11812 Banner Dr, Garden Grove, CA 92843

Sale: $1,280,000

5/5/20251.16 mi

Area:2,073 sqft
Price/sqft:$617
Beds:7
Baths:4
Year Built:
Weight:22.2%
13612 Gaines Cir, Garden Grove, CA 92843

13612 Gaines Cir, Garden Grove, CA 92843

Sale: $1,312,500

1/3/20251.50 mi

Area:2,590 sqft
Price/sqft:$507
Beds:8
Baths:5
Year Built:
Weight:15.0%
13232 Nina Pl, Garden Grove, CA 92843

13232 Nina Pl, Garden Grove, CA 92843

Sale: $1,280,000

12/2/20240.98 mi

Area:2,094 sqft
Price/sqft:$611
Beds:6
Baths:5
Year Built:
Weight:14.0%

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