11861 Bailey Street, Garden Grove, CA 92845

Property Description

4 plex in PRIME WEST GARDEN GROVE LOCATION - Available for the first time in nearly 30 years! Nestled right along Chapman and Valley View - this multiunit property is made up of 4 townhouse style units each with 2 bedrooms upstairs and a shared full bath on second floor and a 1/2 bath on the first floor, and each has its own private patio plus there is a large green belt in front of the units. There are 4 single car garages that are include in the rent with each unit currently but could likely be rented out separately as they are detached from the units. Onsite is a enclosed community laundry room, there is a leased washer dryer which creates additional income. This property is walking distance to Eastgate park, and all the shops and entertainment on valley view and feeds into west garden grove schools which all rate 9 or 10 on great schools. This is a prime location for anyone looking to expand their real estate portfolio, the current rents are Unit A - $1,800, Unit B - $1,800, Unit C - $0, Unit D - $1,800 - proforma rent for is $2,500 for this PRIME location. Drive by only as to not disturb tenants, offer subject to interior inspection. Two of the four unit have private laundry hookups as well! Property has a newer roof, and Unit A has a new bathroom upstairs, all units have been upgraded and remodeled over the years in various way. All units feature dual pane windows and metal security screen doors. This is the perfect location to own investment property in Orange County!