12122 Bailey St Garden Grove, CA 92845
West Garden Grove NeighborhoodEstimated payment $27,190/month
Highlights
- 0.35 Acre Lot
- Community Pool
- Laundry Facilities
- Enders Elementary School Rated A
About This Home
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.
Listing Agent
Triqor Group Brokerage Email: chris@triqorgroup.com License #01702116 Listed on: 06/16/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 15,400 Sq Ft Lot
- Two or More Common Walls
- Irregular Lot
- 224-202-10
Parking
- 2 Open Parking Spaces
- 4 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 8,460 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 3624
- Assessor Parcel Number 22420209
- $1,226 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $93,704
- Gross Income $295,190
- Net Operating Income $201,486
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $19,443 | $1,581,000 | $1,380,886 | $200,114 |
| 2025 | $19,443 | $1,550,000 | $1,353,809 | $196,191 |
| 2024 | $12,553 | $965,822 | $797,683 | $168,139 |
| 2023 | $12,318 | $946,885 | $782,042 | $164,843 |
| 2022 | $12,055 | $928,319 | $766,708 | $161,611 |
| 2021 | $11,928 | $910,117 | $751,674 | $158,443 |
| 2020 | $11,770 | $900,785 | $743,966 | $156,819 |
| 2019 | $11,551 | $883,123 | $729,378 | $153,745 |
| 2018 | $11,324 | $865,807 | $715,076 | $150,731 |
| 2017 | $11,170 | $848,831 | $701,055 | $147,776 |
| 2016 | $10,628 | $832,188 | $687,309 | $144,879 |
| 2015 | $10,481 | $819,688 | $676,985 | $142,703 |
| 2014 | $10,230 | $803,632 | $663,724 | $139,908 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/10/2026 08/10/26 | Price Changed | $4,495,000 | -2.1% | $531 / Sq Ft | |
| 06/16/2026 06/16/26 | For Sale | $4,590,000 | +186.9% | $543 / Sq Ft | |
| 02/01/2013 02/01/13 | Sold | $1,600,000 | -1.5% | $189 / Sq Ft | View Prior Sale |
| 11/06/2012 11/06/12 | Pending | -- | -- | -- | |
| 07/20/2012 07/20/12 | For Sale | $1,625,000 | -- | $192 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,100,000 | First American Title | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Grant Deed | $1,600,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | $295,000 | Commonwealth Land Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $212,500 | Chicago Title Co | |
| Trustee Deed | $431,922 | Northern Counties Title Ins |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000,000 | New Conventional | |
| Closed | $2,697,000 | New Conventional | |
| Previous Owner | $1,150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $600,000 | New Conventional | |
| Previous Owner | $322,700 | Purchase Money Mortgage | |
| Previous Owner | $275,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26131329
APN: 224-202-09
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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