9551 - 9561 Maureen Drive Garden Grove, CA 92841
Featuring 100% Two-Bedroom Units
Marketing description
The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 9551 - 9561 Maureen Drive, a 16-unit multifamily community located in Garden Grove, California.
Situated on a 0.50-acre parcel, the asset totals approximately 13,520 net rentable square feet. The unit mix is composed entirely of two-bed/one-bath units, providing a desirable rental profile that is easy to manage and well-suited to the surrounding tenant base. The property consists of two buildings on one parcel, with community amenities including on-site laundry, a spacious central courtyard, and garage and surface parking. Parking is provided through 16 garage spaces and 2 surface spaces, offering ample parking options for residents.
Ownership has completed several recent capital improvements and property upgrades, including SB-721 completion in October 2025, walkway decking replacement, gas line replacement at 9551, roof replacement, garage door installation, fascia repairs/repainting, electrical panel/subpanel upgrades, and select interior unit upgrades. These improvements address several exterior, structural, and building system items while helping reduce near-term capital expenditure exposure.
Overall, 9551 - 9561 Maureen Drive offers a straightforward all two-bedroom unit mix, functional parking, a shared courtyard layout, and several completed capital improvements to major building systems. The completed improvements and remaining value-add opportunities position the property to benefit from future interior renovations, common-area enhancements, and operational efficiencies under new ownership.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Investment highlights
16-unit Garden Grove apartment community featuring 100% two-bed/one-bath units
Two-building layout with a spacious central courtyard and on-site laundry
16 garage spaces and 2 surface spaces providing functional resident parking
Recent improvements include SB-721 completion, roof replacement, decking replacement, electrical upgrades, and select interior upgrades
SB-721 completed in October 2025
Value-add opportunity through future interior renovations, common-area enhancements, and operational efficiencies
Strong Garden Grove location near Katella Avenue, Brookhurst Street, retail centers, restaurants, and daily-needs amenities
Approximately 2.5 miles from Disneyland and near Anaheim Resort area employment drivers
Nearby access to Harvest Fresh Markets, The Promenade at Garden Grove, Pavilion Plaza, and Hanmi Plaza
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