12122 12132 Bailey Avenue, Garden Grove, CA 92845
- $4,590,000
- List Price
- $4,590,000
- Status
- ACTIVE
- MLS#
- PW26131329
- Year Built
- 1964
- Lot Size
- 15,400
- Acres
- 0.35
- Lot Location
- Irregular Lot
- Days on Market
- 41
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
We are pleased to present a turn key 8-unit asset located in West Garden Grove bordering Los Alamitos. This property consists of eight fully renovated, townhome-style units - each spanning over 1000 sq. ft, and upgraded to deliver a high-end living experience. The property features significant interior and exterior improvements, including in-unit washer/dryers, stainless steel appliances, central A/C, and spacious private patios — all of which contribute to a condo-quality environment that attracts and retains quality tenants. This asset offers investors the opportunity to generate strong, passive income with minimal operational burden, while benefiting from premium amenities and long-term stability in a sought-after Orange County submarket.
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Additional Information
- Pool Description
- Community
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $304,320
- Operating Expense
- 94783
Listing courtesy of Listing Agent: Chris Keramati (chris@triqorgroup.com) from Listing Office: Triqor Group.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.