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12142 Bailey ST Garden Grove, CA 92845
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Key Details
Sold Price $1,680,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25082366
Year Built 1963
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
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 won't want to miss!
Location
State CA
County Orange
Area 46 - Eastgate
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with Khang Nguyen • Frontier Realty Inc