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12231 Ferrari, Garden Grove, CA 92841

$850K3bd · 2ba · 1,053 sqft
Lot 7,800 sqft•Single Family Residence•
Active
•38d on market•MLS# CV-26194312

Property Description

Investor's dream and she is ready for the remodel. Probate sale is subject to the court confirmation and overbid. Property sold "as-is" with no repairs, inspections and must sell all cash as it needs kitchen and bathroom finished.

Features & Amenities

FeeBuilt 1955

Property Details

Land Type
Fee
Year Built
1955
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
City
Garden Grove
Zip Code
92841
County
Orange
Listed byUnknown Office, Kelli Vanevenhoven

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,298.06
Principal & Interest
Loan Amount
$680,000
Total Interest
$867,303
Total Payment Over 30 Years
$1,547,303
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

12231 Ferrari, Garden Grove, CA 92841

Garden Grove · Single Family Residence

$875K
Affordable Tier
Beds
3
Baths
2
Sqft
1,053
Lot
7,800 sqft
Year
1955
$/Sqft
$831
Pool: No✓
Garage: 2-car✓

Listed 12.1% below the median closed sale of $996,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $875K· $831/sqft
Total list price
Closed comps
vs closed median $996K
−$121K (−12.1%)
Active comps
vs active median $990K
−$115K (−11.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $944
−$113 (−12.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
11822 Mac Murray StreetGarden Grove1954321,0297,201$962$990,00013296
8802 Lampson AveGarden Grove1955321,1276,500$807$909,9998795
11111 IrisGarden Grove1949311,0207,735$1,077$1.10M493
6501 PickettGarden Grove1961321,2016,480$957$1.15M1192
10902 PoindexterGarden Grove1954311,0627,215$918$975,0006591
Total: 5 · Average3.01.61,087.87,026.2$944.2$1.02M59.8
Median1,062$990,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
12321 Epsilon StreetGarden Grove195409/24/2026321,1317,320$999,995$996,000$8811.004497
12161 Nelson StreetGarden Grove195309/11/2026321,1197,200$939,000$995,000$8891.064996
13702 DAWSONGarden Grove195508/08/2026321,1407,440$1.18M$1.13M$9910.964196
11932 SteeleGarden Grove195409/24/2026321,1707,548$830,000$830,000$7091.002896
11852 GarnetGarden Grove196008/19/2026321,1287,304$1.10M$1.10M$9751.003495
Total: 5 · Average3.02.01,137.67,362.4$1.01M$1.01M$889—39.2
Median1,131$996,000$996,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.