About 11662 Stephanie Lane
Incredible Opportunities to own 2 units on 1 lot in the heart of Garden Grove, priced at $694,500 per unit. This exceptional Property features a beautiful single-family residence and New detached ADU, making it ideal for investors, 1031 exchange buyers, or owner-occupants seeking strong rental income. Unit 1-Remodel Single Family Residence, spacious 3-bedroom, 2-bathtoom with approximately 1224 SF, offers open-concept layout, laminate floors, updated kitchen, walk-in closet, gas fireplace, central A/C, Washer & Dryer Hookup and attached 02 garage, Current Rent: $3995/Month Unit 2: New Detached ADU (Completed in 2022) Modern 2 bedroom, 2-bath residence offering approximately 800 SF, with quartz counters, premium cabinets, double-pane windows, tankless water heater, central heat & A/C, and paid-off solar, washer and dryer hookup, Parking spaces available. Current Rent: $3,000/month. Total Rental Income: $6,995/month Both units have separate water, gas and electricity meters, with tenants paying for all utilities. With extensive renovations and new construction, this is a low-maintenance investment built for long-term ownership. Located in a prime Garden Grove neighborhood near schools, shopping, dining, and convenient freeway access, this is a rare opportunity to own two turnkey homes on one lot with excellent income potential.
