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12273 Donald Reed, Garden Grove, CA 92840

$1.21M5bd · 3ba · 2,550 sqft
Lot 3,618 sqft•HOA $175/mo•Single Family Residence•
Active
•70d on market•MLS# PW-26186039

Property Description

BACK ON THE MARKET! HUGE PRICE REDUCTION! SPACIOUS 5-BEDROOM GEM IN GARDEN GROVE! Discover over 2,500 sq. ft. of spacious living with soaring high ceilings that create an open, bright, and airy atmosphere! This beautifully updated, move-in-ready home features 5 bedrooms and 3 full baths, including a desirable main-floor bedroom and full bath—perfect for guests or multigenerational living. Enjoy an open floor plan, remodeled kitchen, newer appliances, updated flooring, recessed lighting, and upgraded bathrooms. Upstairs offers a versatile loft, four generous bedrooms, and a spacious primary suite with a large walk-in closet. Rare 5-car parking includes a 3-car garage and 2 driveway spaces. Conveniently located near the 22 Freeway, shopping, dining, and entertainment. Estimated rental potential of $5,200/month—an excellent opportunity for homeowners and investors alike!

Features & Amenities

FeeBuilt 2003

Property Details

Land Type
Fee
Year Built
2003
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
None
City
Garden Grove
Zip Code
92840
County
Orange
Listed byTM Legacy, Sharon Tai

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,118.42
Principal & Interest
Loan Amount
$968,000
Total Interest
$1,234,631
Total Payment Over 30 Years
$2,202,631
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

Residential Tier · 5 active · 5 closed

12273 Donald Reed, Garden Grove, CA 92840

Garden Grove · Single Family Residence

$1.21M
Residential Tier
Beds
5
Baths
3
Sqft
2,550
Lot
3,618 sqft
Year
2003
$/Sqft
$475
Pool: No✓
View: None✓
Garage: 3-car✓

Listed in line with the median closed sale of $1,200,000. Price per sqft ($475) is a 24% discount to closed comps ($623). Closed comps sold at 102% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.21M· $475/sqft
Total list price
Closed comps
vs closed median $1.20M
+$10K (+0.8%)
Active comps
vs active median $1.19M
+$20K (+1.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $619
−$144 (−23.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2070 Eileen DriveAnaheim1956332,2629,300$552$1.25M369
11072 Sherman AvenueGarden Grove1953531,8367,200$648$1.19M3869
13121 Coleman PlaceGarden Grove1953431,87811,556$719$1.35M3868
1524 Flippen CourtAnaheim1964432,1667,722$506$1.09M1065
11582 ChesterGarden Grove1958321,5627,280$672$1.05M3661
Total: 5 · Average3.82.81,940.88,611.6$619.4$1.19M25
Median1,878$1.19M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
11042 ParsleyGarden Grove199909/23/2026331,5953,526$1.10M$1.10M$6931.002683
11061 Orchard PlaceGarden Grove200008/25/2026331,5953,572$1.09M$1.09M$6831.003383
11062 Bixler CircleGarden Grove196404/23/2026532,3798,168$1.25M$1.27M$5341.024476
11041 JerryGarden Grove194807/27/2026322,24811,300$1.20M$1.30M$5811.092472
12381 Pine St.Garden Grove195009/15/2026331,9238,442$1.20M$1.20M$6241.004672
Total: 5 · Average3.42.81,9487,001.6$1.19M$1.19M$623—34.6
Median1,923$1.20M$1.20M

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.