12122 12132 Bailey Avenue Garden Grove, CA ^$ 4,590,000

12122 12132 Bailey Avenue

^$ 4,590,000

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Recently Listed

12122 12132 Bailey Avenue

Garden Grove, CA, 92845

^$ 4,590,000

Studio Baths1.1 Sq 8,460

Monthly Estimate*

^$ 28,982

Listed by Triqor Group

12122 12132 Bailey Avenue, Garden Grove, CA 92845 - Image 1

12122 12132 Bailey Avenue, Garden Grove, CA 92845 - Image 2

12122 12132 Bailey Avenue, Garden Grove, CA 92845 - Image 3

12122 12132 Bailey Avenue, Garden Grove, CA 92845 - Image 4

12122 12132 Bailey Avenue, Garden Grove, CA 92845 - Image 5

Studio

Multi-Family Home for sale in Garden Grove, CA

for $4,590,000 with 1 full bath, 1 half bath. This 8,460 square foot home was built in 1964 on a lot size of 0.3535.

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.

Multi-Family Active

Price

^$ 4,590,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3535

Year Built

1964

Town/City

Garden Grove

County/Region

Orange

MLS | Web ID

PW26131329

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 4

Pool Features Community

Year Built 1964

Property Subtype Apartment

Gross Income 295190

Community Features Sidewalks Pool

Additional Parcels Description 224-202-10

County Orange

Net Operating Income 200407

Operating Expense 94783

Insurance Expense 0

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Driving West on Chapman Ave. Turn Left Onto Bailey Ave. Property Will be on Your Left

City Garden Grove

Entry Location 1

Senior Community Y/N false

Open Parking Spaces 2

Number Of Units Total 8

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 15400

Listing Terms Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N true

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 13

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Irregular Lot

Water Source Public

Total Parking 6

Lot Size Area 15400

Number of Buildings 2

Building Area Total 8460

Lot Size Acres 0.3535

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

* Excluded Features

List By

Triqor Group

Broker

chris@triqorgroup.com

Affordability Calculator

$28,982

Per Month

Monthly Principal & Interest: $28,982
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Garden Grove, CA

Average List Price ^$2,458,539

Percent of Sale Price 46%

About Garden Grove, CA

176,492 Population

5% Since 2002

^$61,049 Median Income

37.3 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/16/2026	$4,590,000		Listed Price

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12122 12132 Bailey Avenue, Garden Grove, CA, 92845 is a Multi-Family Home for sale at $4,590,000 with 8,460 sqft and a lot size of 0.3535. 12122 12132 Bailey Avenue is a studio with 1.1 baths and was built in 1964. The property's zip code is 92845 which is in Garden Grove, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/24/2026. 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.

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12122 12132 Bailey Avenue

Multi-Family Home for sale in Garden Grove, CA

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