Michele Steggell
Allianz Capital Group, Inc.
(657) 385-7371
47 Total Sales
1 in West Garden Grove
$902,000 Price
12142 Bailey St Garden Grove, CA 92845
West Garden Grove Neighborhood
8
Beds
7
Baths
3,660
Sq Ft
8,276
Sq Ft Lot
Highlights
- No HOA
- 6 Car Garage
- Heating Available
- Enders Elementary School Rated A
- Laundry Facilities
About This Home
As of June 2025Incredible 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 won’t want to miss!
Last Agent to Sell the Property
Frontier Realty Inc Brokerage Phone: 714 591-7979 License #02193509 Listed on: 04/14/2025
Last Buyer's Agent
Frontier Realty Inc Brokerage Phone: 714 591-7979 License #02193509 Listed on: 04/14/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 8,276 Sq Ft Lot
- Two or More Common Walls
Parking
- 6 Car Garage
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,660 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 3624
- Assessor Parcel Number 22424201
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $800
- Fuel Expense $400
- Insurance Expense $3,777
- Trash Expense $500
- Water Sewer Expense $2,800
- New Taxes Expense $19,191
- Operating Expense $27,468
- Gross Income $2,724
- Net Operating Income $54,879
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Garden Grove, CA
-
Michele Steggell
-
Gary Hunter
Gary Hunter
Mojo Management Group, Inc.
(657) 366-4893
16 Total Sales
2 in West Garden Grove
$950K - $1M Price Range
-
Vannessa Swinford
Vannessa Swinford
First Team Real Estate
(657) 341-0938
33 Total Sales
1 in West Garden Grove
$1,210,000 Price
-
Candice Carpenter
Candice Carpenter
Coastal Elite Properties
(424) 284-7552
19 Total Sales
1 in West Garden Grove
$735,900 Price
-
Kimber Wuerfel
Kimber Wuerfel
Kimber/Alana Boutique Real Estate
(657) 220-6340
115 Total Sales
1 in West Garden Grove
$805,000 Price
-
Kelly Laird
Kelly Laird
Coldwell Banker Realty
(424) 477-3760
72 Total Sales
2 in West Garden Grove
$760K - $1.2M Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,680,000 | Lawyers Title | ||
| Doan Thanh Que | -- | Lawyers Title | |
| Doan Huey | $1,500,000 | Lawyers Title | |
| Billie Phillips Spellman Revocable Living Tru | -- | None Listed On Document | |
| Spellman Billie Mae | -- | None Available | |
| Spellman Billie Mae | -- | None Available |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,260,000 |
Source: Public Records
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 |
|---|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $1,680,000 | -1.1% | $459 / Sq Ft | |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- | |
| 04/14/2025 04/14/25 | For Sale | $1,699,000 | 0.0% | $464 / Sq Ft | |
| 03/12/2024 03/12/24 | Rented | $6,000 | +200.0% | -- | |
| 03/11/2024 03/11/24 | For Rent | $2,000 | 0.0% | -- | |
| 03/10/2024 03/10/24 | Off Market | $2,000 | -- | -- | |
| 03/08/2024 03/08/24 | For Rent | $2,000 | 0.0% | -- | |
| 03/07/2024 03/07/24 | Off Market | $2,000 | -- | -- | |
| 12/23/2022 12/23/22 | Sold | $1,500,000 | -6.3% | $410 / Sq Ft | View Prior Sale |
| 11/14/2022 11/14/22 | Pending | -- | -- | -- | |
| 10/25/2022 10/25/22 | For Sale | $1,600,000 | -- | $437 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $19,568 | $1,713,600 | $1,538,519 | $175,081 |
| 2025 | $19,192 | $1,560,600 | $1,405,810 | $154,790 |
| 2024 | $19,192 | $1,530,000 | $1,378,245 | $151,755 |
| 2023 | $18,840 | $1,500,000 | $1,351,220 | $148,780 |
| 2022 | $7,980 | $582,376 | $458,623 | $123,753 |
| 2021 | $7,896 | $570,957 | $449,630 | $121,327 |
| 2020 | $7,793 | $565,103 | $445,020 | $120,083 |
| 2019 | $7,655 | $554,023 | $436,294 | $117,729 |
| 2018 | $7,508 | $543,160 | $427,739 | $115,421 |
| 2017 | $7,407 | $532,510 | $419,352 | $113,158 |
| 2016 | $7,063 | $522,069 | $411,129 | $110,940 |
| 2015 | $6,965 | $514,228 | $404,954 | $109,274 |
| 2014 | $6,801 | $504,155 | $397,021 | $107,134 |
Source: Public Records
Agents Affiliated with this Home
-
Khang Nguyen
Seller's Agent in 2025
Khang Nguyen
Frontier Realty Inc
(714) 591-7979
1 in this area
49 Total Sales
-
Tiffany Tram
TT
Seller's Agent in 2024
Tiffany Tram
eXp Realty of Southern Ca, Inc
(888) 294-1415
1 in this area
18 Total Sales
-
Laura Henshall
Seller's Agent in 2022
Laura Henshall
CFG Investments
(714) 557-1435
2 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25082366
APN: 224-242-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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