Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

4

Building size

4,230 sqft

Lot size

7,841 sqft

Year built

1964

Stories

2

Garage spaces

4

Pool

Private

Status

Active

Days on market

17

MLS #

247708699

About this property

We are pleased to present a turn key 4-unit asset located in West Garden Grove bordering Los Alamitos. This property consists of four 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, 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.

Location

12132 Bailey

Garden Grove, Orange, CA, 92845