10511 Dewey Drive Garden Grove, CA $ 1,888,000
10511 Dewey Drive
$ 1,888,000
Recently Listed
Open House 3/7 1pm - 4pm
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10511 Dewey Drive

Garden Grove, CA, 92840
$ 1,888,000
Baths2.0 Sq 2,723

Monthly Estimate*

$ 11,625

Listed by Future Realty, Inc.
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Studio

Multi-Family Home for sale in Garden Grove, CA

for $1,888,000 with 2 full baths. This 2,723 square foot home was built in 2025 on a lot size of 0.1803.

Exceptional Investment Opportunity in the Heart of Garden Grove: Rare 3 Homes on one corner lot! Discover a rare, high-performing cash-flow property unlike anything else on the market. Situated on an oversized corner lot, this impressive offering includes three fully permitted homes, each with its own address and 2 separate driveway access—an ideal setup for maximizing rental potential and ensuring tenant privacy. Generating over $11,000 per month in projected rental income, this property delivers strong returns with minimal owner involvement. Each residence is individually metered for water, gas, and electricity, with tenants covering their own utilities and landscaping—keeping owner's expenses low and management effortless. Main Home 10511 Dewey Dr. A beautifully renovated 4-bedroom, 2-bath residence featuring central AC/heat, double-paned windows, private patio and a 2-car garage. This home shows like a modern single-family residence and can command up to $4,400/month in rent. Two Brand-New ADUs (Completed December 2025) 11171 & 11175 Palmwood Dr. Both ADUs offer 3 bedrooms and 2 bathrooms with sleek, contemporary finishes and open layouts. Each includes paid-off solar panels, air conditioning, and private laundry—premium amenities that support rent projections of $3,300/month each. Don't miss the opportunity to see these properties in person due to many reasons including but not limited to outstanding cash flow with low operating costs, modern construction and energy-efficient upgrades, Separate utilities and entrances for each home, desirable Garden Grove location near shopping, dining, and major freeways, Turnkey setup ideal for long-term stability and appreciation. Opportunities like this don’t come often. If you’re seeking a high-return, low-maintenance investment in a prime rental market, this corner-lot property with three income-producing homes is a must-see.

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Open House

3/7/2026 1:00 PM - 4:00 PM
3/8/2026 1:00 PM - 4:00 PM
10511 Dewey Drive Garden Grove, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,888,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1803

Year Built

2025

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

PW25248147

Days on Market

2

Features
General
Sewer Public Sewer
Heating Central Fireplace(s)
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Asbestos Shingle
Appliances Dishwasher Electric Oven Gas Oven Microwave
HOA Fee 0
Garage Spaces 2
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Exclusions Staging furniture & Fountains
Year Built 2025
Electric Standard
Tenant Pays All Utilities
View City Lights
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 0
Community Features Street Lights Sidewalks
Accessibility None
County Orange
Net Operating Income 106400
Operating Expense 25700
Insurance Expense 2500
New Construction false
Property Type Residential Income
HOA false
Contingency Send offers to QuynhFutureRealty@gmail.com. The listing agent is also one of the property owners. Fumigation was completed to main house 10511 Dewey in October of 2023
MaintenanceExpense 0
Subdivision Name Grove at the Park (GRPK)
Facing Direction South
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Brookhurst and Orangewood
City Garden Grove
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 3
MLS Area 62 - Garden Grove N of Chapman W of Euclid
Lot Size Units Square Feet
Lot Size Square Feet 7854
Number of Units Leased 2
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing Conventional
Property Condition Updated/Remodeled
Trash Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 15
Total Actual Rent 7000
Property Sub Type Additional Single Family Residence
Taxes 23100
Cap Rate 5.64
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Interior
Interior Amenities Quartz Counters All Bedrooms Down
Flooring Vinyl
Fireplace Features Kitchen Living Room
Total Stories 1
Common Walls End Unit No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N true
Laundry Features In Garage In Kitchen
Entry Level 1
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Exterior
Exterior Amenities Lighting
Fencing Block Vinyl
Parking Features Door-Multi Direct Access Driveway Garage
Lot Features 2-5 Units/Acre Corner Lot
Water Source Public
Total Parking 8
Lot Size Area 7854
Number of Buildings 1
Spa false
Building Area Total 2723
Lot Size Acres 0.1803
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Future Realty, Inc.

Broker

quynhfuturerealty@gmail.com

Email

Affordability Calculator

$11,625
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,625
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$1,888,000 Listed Price

Map


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10511 Dewey Drive, Garden Grove, CA, 92840 is a Multi-Family Home for sale at $1,888,000 with 2,723 sqft and a lot size of 0.1803. 10511 Dewey Drive is a studio with 2.0 baths and was built in 2025. The property's zip code is 92840 which is in Garden Grove, CA