ActiveResidential · sale

13221 Magnolia

Garden Grove, CA 92844

$1,075,000

  • 4 beds
  • 3 baths
  • 1,917 sq ft
  • 0.17 acres
  • Built 1954

Listed by Top Producers Realty Partners · MLS #TR26238493

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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13221 Magnolia, Garden Grove, CA 92844 · MLS #TR26238493

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Welcome to 13221 Magnolia Street, a beautifully remodeled two-unit property in the heart of Garden Grove, offering an excellent opportunity for investors, multi-generational families, or an owner-occupant looking to offset the mortgage with rental income.

Year built

Built in 1954.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to 13221 Magnolia Street, a beautifully remodeled two-unit property in the heart of Garden Grove, offering an excellent opportunity for investors, multi-generational families, or an owner-occupant looking to offset the mortgage with rental income. The property features a spacious 3-bedroom, 2-bathroom front house and a private 1-bedroom, 1-bathroom back unit, together offering approximately 1,917 sq ft of living space on a 7,210 sq ft lot.



Both units have been finished to the same high standard, so there's no "main house and afterthought" here. Modern luxury vinyl flooring runs throughout, paired with quartz countertops and custom cabinetry in each kitchen. The bathrooms are completely finished with modern tile and designer fixtures, and new dual-pane windows bring in natural light while keeping energy costs down.



The front house opens to an inviting, light-filled floor plan where the kitchen flows into a large living area, making it just as comfortable for quiet weeknights as it is for hosting family and friends.



One of the smartest features is the parking. Two separate driveways serve the property: one for the main house leading to the attached two-car garage in front, and a second driveway leading directly to the back unit. That means genuine privacy and independence for both households, with no shared access or blocked-in cars, a detail tenants and extended family notice right away.



With its quality remodel, functional two-unit layout, and central Garden Grove location close to shopping, dining, and freeway access, 13221 Magnolia Street is a rare turnkey opportunity with both immediate appeal and long-term upside. Schedule your private showing today.

Upcoming open houses

–11:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

13221 Magnolia, Garden Grove, CA 92844

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Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Orange County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$1,236,953Up 2.8% vs. the previous 12 months
Months of supply3.012-month average
Days on market3712-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1954
Full baths
3
Garage spaces
2
Cooling
CentralAir,WallWindowUnits
Pool
No
Pool features
None
Parcel
09736606
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$4,479.17
Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #TR26238493 · California Regional MLS

Listing brokerage: Top Producers Realty Partners
Listing agent: Peter Aguilar

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.