10422 Bonnie Dr - Multi-Family FOR SALE


Garden Grove, CA 92843
$1,449,000 USD
949-996-4785
10422 Bonnie Dr, Garden Grove, CA for Sale
$1,449,000 USD
Multi-Family - FOR SALE
1/8
null | Request Cap Rate

10422 Bonnie Dr
Garden Grove, CA 92843


HIGHLIGHTS

  • New Roof Installed 2025
  • Single Story Units
  • Private Patios and Yards
  • Ample Off-Street Parking

OVERVIEW

Discover a rare chance to own a well-maintained, income-producing duplex in the heart of Garden Grove. This single-story property features two spacious units: a 3BR/2BA residence with a two-car garage and a 2BR/1BA residence with a one-car garage—each with its own private yard offering outdoor space that tenants love. Both units are separately metered and are currently occupied by month-to-month tenants, giving investors the flexibility of reliable cash flow or repositioning for even higher future rents. Recent capital improvements, including a new roof, provide peace of mind and reduced near-term maintenance costs. Centrally located near shopping, dining, and major freeways, the property offers excellent access to employment hubs throughout Orange County. Garden Grove’s tight rental market and steady tenant demand make this duplex an ideal long-term hold or 1031 exchange replacement property.

FOR SALE DETAILS

PRICE

$1,449,000 USD

PRICE/SF

$438 USD /SF

# OF UNITS

2

PRICE/UNIT

$724,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garden Grove Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,769 SF

ZONING

-

APN/PARCEL ID

099-063-12

ASK ABOUT THIS PROPERTY

Nick GouldGould Group Investment Real EstateMore Info
949-996-4785

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Nick GouldGould Group Investment Real EstateMore Info
949-996-4785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.