Garden Grove, CA 92845 12122 12132 Bailey Avenue
$4,590,000
0 more
Presented By: Chris Keramati with Triqor Group; chris@triqorgroup.com
Full/Half Baths • 1 / 1
SQFT • 8,460
Garage • 4
Home Details
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.
Presented By: Chris Keramati with Triqor Group; chris@triqorgroup.com
Interior Features for 12122 12132 Bailey Avenue
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 12122 12132 Bailey Avenue
Additional Parcels Description224-202-10
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
CityGarden Grove
Community FeaturesSidewalks, Pool
CountyOrange
DirectionsDriving West on Chapman Ave., Turn Left Onto Bailey Ave., Property Will be on Your Left
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces4
Garage Y/NYes
Gross Income295190
Insurance Expense
Land Lease Y/NNo
Listing TermsConventional
Lot Size Square Feet15400
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
Net Operating Income200407
New ConstructionNo
Number Of Units Total8
Open Parking Spaces2
Operating Expense94783
Pool FeaturesCommunity
PostalCityGARDEN GROVE
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot13
Trash Expense0
Water Sewer Expense0
Year Built1964
Year Built SourcePublic Records
Exterior for 12122 12132 Bailey Avenue
Building Area Total8460
Lot FeaturesIrregular Lot
Lot Size Acres0.3535
Lot Size Area15400
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Private PoolNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®