Active

12122 12132 Bailey Avenue

Garden Grove, CA 92845

$4,590,000 $19,351/Mo

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Overview

Bed

Bath

8,460

Sqft

15,400

Sqft(Lot)

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.

Property Details

Property Type : Residential Income

Price : $4,590,000

AD Id : 84978058

MLS Id : PW26131329

Lot Size : 15,400 Sqft

Living Area Size : 8,460

Year Built : 1964

Garage : 4

County : Orange

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer

Building Information

Year Built: 1964 Building Area Total: 8,460
Pool Features

Community

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3535
Lot Size Source: Assessor Lot Size Square Feet: 15400

Listing Price Information

Original List Price: 4,590,000 Listing Contract Date: 2026-06-16
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 22420209

Other Property Info

Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Driving West on Chapman Ave., Turn Left Onto Bailey Ave., Property Will be on Your Left Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Apartment
Building and Construction

Property Age: 62 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6532 Killarney, Garden Grove, CA, 92845	$1,099,000	4	2	1,846	1,846 SqFt
6022 Santa Barbara, Garden Grove, CA, 92845	$1,180,000	3	2	1,213	1,213 SqFt
5362 Acacia Ave, Garden Grove, CA, 92845	$1,060,000	4	2	1,430	1,430 SqFt

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ByOwner last updated this listing 06/22/2026 @ 08:48

MLS: PW26131329 LISTED BY: Chris Keramati, Triqor Group 949-756-3232 SOURCE: CRMLS