$1,498,000
For Sale

12972 Bolivar Circle

Garden Grove, CA 92843
2500 sqft | 7 beds | 4 baths | 0.17 acres | #OC25067827
Listing OfficeNRI Group
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Type:Purchase
Structure:House
Zone:Residential

Description

Don’t miss this incredible opportunity to own a highly desirable 2-UNIT property in the heart of Garden Grove! Situated on a spacious corner lot, this unique investment offers maximum privacy and flexibility, making it perfect for both homeowners and investors alike. The property features two detached single-family homes, each with its own separate entrance, driveway, and garage, ensuring convenience and comfort for both residents.
Unit 1 - BRAND NEW ADU (Built in 2024):
This stunning 4 BED, 2 BATH ADU offers approximately 1,200SF of modern living space. Featuring its own private entrance, the unit includes a 1-car garage with direct access and a spacious driveway that can accommodate up to 4 cars, ensuring ample parking for residents and guests. Highlights of this home include an open floor plan, sleek cabinetry, quartz countertops, premium appliances, vinyl flooring, recessed lighting, walk-in closets, and washer/dryer hookups. Paid-off Solar. Central A/C ensures year-round comfort. Market Rent: $4,000/month.
Unit 2 - REMODELED Main House:
The charming main house features 3 BED, 2 BATH, and approximately 1,300SF of living space. This home has been recently remodeled with attention to detail and boasts its own private entrance, a new roof (2024), and an attached 2-car garage for extra convenience. Currently rented for $3,500/month (with market rent of $3,600/month), the main house provides both comfort and value. Both units have separate gas and electric meters, with tenants responsible for all utilities.
Whether you're looking for an excellent investment property with steady rental income or a family home with rental potential, this property offers it all. Perfect for a 1031 exchange, homeowners, and investors alike. Don’t miss out on this profitable opportunity in the vibrant city of Garden Grove!

  • Property Details
      • InteriorSeparateFormalDiningRoom, EatInKitchen, OpenFloorplan, QuartzCounters, RecessedLighting, AllBedroomsDown
      • Property SubtypeSingleFamilyResidence
      • School DistrictGarden Grove Unified
      • ViewNeighborhood
      • Sewer InformationPublicSewer
      • Original List Price$1,498,000
      • MLS #OC25067827
      • MLS #OC25067827
      • Property TypePurchase
      • Cost1498000
      • Acres0.1745
      • Utility SourcePublic
      • CountyOrange
      • Structure TypeHouse
      • Square Feet2500
      • Year Built2024
      • SubdivisionN/A
      • Bedrooms7
      • Bathrooms4
      • Full Baths4
      • Stories1
      • Parking Spaces2

Location

The Alcantara GroupReal Estate Group
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