For sale

Listed by: Triqor Group • Chris Keramati • Contact: chris@triqorgroup.com

$2,195,000

12132 Bailey St, Garden Grove, CA 92845

8beds

8baths

4,230sqft

$14,466/mo

Get pre-qualified

Multi Family

Built in 1964

-- sqft lot

$-- Zestimate^®

$519/sqft

$-- HOA

What's special

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.

10 days
184
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,230
Total interior livable area: 4,230 sqft

Property

Parking

Total spaces: 6
Parking features: Garage
Garage spaces: 4
Uncovered spaces: 2

Features

Entry location: 1
Has private pool: Yes
Pool features: Private

Lot

Size: 7,841 Square Feet
Features: Rectangular Lot

Details

Parcel number: 22420210
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1964

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks

Location

Region: Garden Grove

Financial & listing details

Price per square foot: $519/sqft
Tax assessed value: $1,581,000
Date on market: 10/2/2026
Listing terms: Conventional

Estimated market value

Not available

Estimated sales range

Not available

$2,624/mo

Price history

Date	Event	Price
10/2/2026	Listed for sale	$2,195,000+659.5%$519/sqft
Source: CRMLS #PW26215299 Report a problem
3/29/2016	Listing removed	$1,645+3.1%
Source: Spurr & Associates, Inc. Report a problem
5/1/2014	Listing removed	$1,595
Source: Spurr & Associates Inc #PW14073505 Report a problem
4/30/2014	Price change	$1,595-3%
Source: Spurr & Associates Inc #PW14073505 Report a problem
4/11/2014	Listed for rent	$1,645+3.1%
Source: Spurr & Associates Inc #PW14073505 Report a problem
7/5/2013	Listing removed	$1,595
Source: Spurr & Associates, Inc Report a problem
6/5/2013	Listed for rent	$1,595
Source: Spurr & Associates, Inc Report a problem
4/16/1997	Sold	$289,000+36%$68/sqft
Source: Public Record Report a problem
12/31/1996	Sold	$212,500$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,581,000 +2%
2025	$19,442 +54.9%	$1,550,000 +60.5%
2024	$12,552 +1.9%	$965,822 +2%
2023	$12,318 +2.2%	$946,885 +2%
2022	$12,055 +1.1%	$928,319 +2%
2021	$11,928 +1.3%	$910,117 +1%
2020	$11,770	$900,785 +2%
2019	$11,770 +1.9%	$883,123 +2%
2018	$11,551 +3.4%	$865,807 +2%
2017	$11,170	$848,831 +2%
2016	$11,170 +5.1%	$832,188 +1.5%
2015	$10,628 +3.9%	$819,688 +2%
2014	$10,230	$803,632 +110.2%
2013	--	$382,230 +2%
2012	--	$374,736 +2%
2011	--	$367,389 +0.8%
2010	--	$364,644 -0.2%
2009	--	$365,511 +2%
2008	--	$358,345 +2%
2007	--	$351,319 +2%
2006	--	$344,431 +2%
2005	--	$337,678 -34%
2004	--	$511,875 +57.5%
2003	--	$324,989 +2%
2002	--	$318,617 +2%
2001	$3,582 +1.9%	$312,370 +2%
2000	$3,516	$306,246