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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
Sold Date 06/06/25
HOA Y/N No
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)
Fireplace No
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
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 22424201
Energy Description 400.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Khang Nguyen • Frontier Realty Inc
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Sean McGalis
Realtor & Avid Golfer | License ID: 01707801
Realtor & Avid Golfer License ID: 01707801