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12142 Bailey Street

Garden Grove, CA 92845
  • $1,699,000
  • STATUS: CONTINGENT
  • ON SITE: 26 Days
  • ID#: PW25082366
Under Contract
UPDATED: 35 min ago
$1,699,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Incredible Investment Opportunity in Prestigious West Garden Grove! Welcome to 12142 Bailey St a rare, income-generating fourplex nestled in one of the most coveted neighborhoods of Orange County. This standout property is strategically located near the crossroads of the 405 and 22 freeways, offering unparalleled access to Long Beach, major commercial hubs, and thriving job centers. Whether you're a seasoned investor or looking for the perfect opportunity to complete a 1031 Exchange, this property checks all the boxes: NO HOA, strong rental upside, and a high-demand area with consistent tenant appeal. Set on a quiet, tree-lined street with pride of ownership throughout, this four-unit gem offers both stability and future growth potential. Whether you're looking to expand your portfolio or secure a reliable income stream, this property is a high-yield opportunity you wont want to miss! Incredible Investment Opportunity in Prestigious West Garden Grove! Welcome to 12142 Bailey St a rare, income-generating fourplex nestled in one of the most coveted neighborhoods of Orange County. This standout property is strategically located near the crossroads of the 405 and 22 freeways, offering unparalleled access to Long Beach, major commercial hubs, and thriving job centers. Whether you're a seasoned investor or looking for the perfect opportunity to complete a 1031 Exchange, this property checks all the boxes: NO HOA, strong rental upside, and a high-demand area with consistent tenant appeal. Set on a quiet, tree-lined street with pride of ownership throughout, this four-unit gem offers both stability and future growth potential. Whether you're looking to expand your portfolio or secure a reliable income stream, this property is a high-yield opportunity you wont want to miss!

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/162599789
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12142 Bailey Street Garden Grove, CA 92845

  • Price: $1,699,000
  • Status: CONTINGENT
  • On Site: 26 Days
  • Updated: 35 min ago
  • ID#: PW25082366
8
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Oc - Garden Grove (92845)
County:
Orange
Area:
Oc - Garden Grove (92845)
Property Description
Incredible Investment Opportunity in Prestigious West Garden Grove! Welcome to 12142 Bailey St a rare, income-generating fourplex nestled in one of the most coveted neighborhoods of Orange County. This standout property is strategically located near the crossroads of the 405 and 22 freeways, offering unparalleled access to Long Beach, major commercial hubs, and thriving job centers. Whether you're a seasoned investor or looking for the perfect opportunity to complete a 1031 Exchange, this property checks all the boxes: NO HOA, strong rental upside, and a high-demand area with consistent tenant appeal. Set on a quiet, tree-lined street with pride of ownership throughout, this four-unit gem offers both stability and future growth potential. Whether you're looking to expand your portfolio or secure a reliable income stream, this property is a high-yield opportunity you wont want to miss! Incredible Investment Opportunity in Prestigious West Garden Grove! Welcome to 12142 Bailey St a rare, income-generating fourplex nestled in one of the most coveted neighborhoods of Orange County. This standout property is strategically located near the crossroads of the 405 and 22 freeways, offering unparalleled access to Long Beach, major commercial hubs, and thriving job centers. Whether you're a seasoned investor or looking for the perfect opportunity to complete a 1031 Exchange, this property checks all the boxes: NO HOA, strong rental upside, and a high-demand area with consistent tenant appeal. Set on a quiet, tree-lined street with pride of ownership throughout, this four-unit gem offers both stability and future growth potential. Whether you're looking to expand your portfolio or secure a reliable income stream, this property is a high-yield opportunity you wont want to miss!
Exterior Features

Pool N/K

Interior Features

Cooling Wall/Window Heat Source Electric Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2

Property Features

Annual Expense Actual 27468 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 82644 Home Owners Fees 0.0 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1600.0 Unit2 Rent Actual 1405.0 Unit3 Rent Actual 1655.0 Unit4 Rent Actual 2000.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Khang Nguyen of Frontier Realty Inc: 714-591-7979. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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