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10422 Bonnie

Garden Grove, CA 92843
  • $1,349,000
  • STATUS: Active
  • ON SITE: 64 Days
  • ID#: NP25228636
UPDATED: 16 min ago
$1,349,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Nick Gould of Gould Group Inc (949-996-7976)


Description

**PRICE REDUCED**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 Groves tight rental market and steady tenant demand make this duplex an ideal long-term hold or 1031 exchangereplacement property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T17:35:10.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/168376268
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10422 Bonnie Garden Grove, CA 92843

  • Price: $1,349,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 16 min ago
  • ID#: NP25228636
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1947
Built
Neighborhood:
N/A
County:
Orange
Area:
63 - Garden Grove S of Chapman, W of Euclid
Property Description
**PRICE REDUCED**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 Groves tight rental market and steady tenant demand make this duplex an ideal long-term hold or 1031 exchangereplacement property.
Exterior Features

Entry Level 1 Entry Location 2 Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Features None Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asbestos Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features BikingCurbsGutter(s)Storm Drain(s)Street LightsSidewalks Contingency None Electric Expense 1000 Fuel Expense 500 Garage YN Yes Gross Income 65160 Gross Scheduled Income 65160 Insurance Expense 1003 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 3200 Net Operating Income 39042 New Construction YN No New Taxes Expense 16489 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 24163 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 500 Vacancy Allowance 1955 Vacancy Allowance Rate 3 Water Sewer Expense 750 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T17:35:10.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Nick Gould of Gould Group Inc (949-996-7976)