10622 Tibbs Circle, Garden Grove, CA 92840
Local realty services provided by:ERA North Orange County Real Estate
10622 Tibbs Circle,Garden Grove, CA 92840
$5,000,000
- 3 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: long nguyen, hang-ny nguyen
Office: advance estate realty
MLS#:OC25112645
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,000,000
About this home
Turnkey 17-Unit Apartment Investment in Prime Garden Grove Welcome to 10622 Tibbs Circle, a rare opportunity to acquire a well-maintained 16 + 1 unit apartment complex located in a quiet cul-de-sac in the heart of Garden Grove. This property has been thoughtfully cared for by long-term ownership, with an average of over $30,000 spent annually on capital improvements over the past 5+ years. Major upgrades include a full copper repipe of the entire building and a complete roof replacement completed in 2012providing peace of mind and reducing future maintenance costs for the next investor. The apartment offers a desirable mix of one-bedroom and two-bedroom units, many of which have been updated. Residents enjoy the convenience of ample on-site parking, shared laundry facilities, and a spacious central courtyard that fosters a sense of community. Current rents remain below market, presenting a significant value-add opportunity for the next owner through rent increases or further interior renovations. Ideally situated near Little Saigon, top-rated schools, shopping centers, and major freeways including the 22, 5, and 405, the location ensures high tenant demand and long-term rental stability. With its strong in-place income, solid physical condition, and potential for growth, 10622 Tibbs Circle is an ideal fit for investors seeking a stabilized asset with upside in one of Orange Countys most sought-after rental markets. Tenants are paying for most of Utilites: Gas, Water & Trash through RUBS...
Contact an agent
Home facts
- Listing ID #:OC25112645
- Added:321 day(s) ago
- Updated:April 07, 2026 at 01:52 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
Structure and exterior
- Roof:Rolled/Hot Mop
- Levels:2 Story
Finances and disclosures
- Price:$5,000,000
Features and amenities
- Pool features:Community/Common
New listings near 10622 Tibbs Circle
- New
$970,490Active4 beds 3 baths1,744 sq. ft.5799 Santa Barbara Avenue, Garden Grove, CA 92845
MLS# OC26073430Listed by: SEABRIGHT MANAGEMENT - New
$1,248,000Active5 beds 2 baths2,193 sq. ft.5971 Lenore, Garden Grove, CA 92845
MLS# PW26058602Listed by: GMT REAL ESTATE - New
$1,390,000Active8 beds 5 baths2,763 sq. ft.9691 Central, Garden Grove, CA 92844
MLS# OC26073874Listed by: HOMESMART, EVERGREEN REALTY - New
$120,000Active2 beds 2 baths849 sq. ft.8111 Stanford, Garden Grove, CA 92841
MLS# DW26073909Listed by: IET REAL ESTATE - New
$1,149,500Active4 beds 2 baths1,400 sq. ft.11211 Gardenaire Ln, Garden Grove, CA 92841
MLS# OC26051870Listed by: KASE REAL ESTATE - New
$899,000Active3 beds 2 baths1,181 sq. ft.6501 Pickett, Garden Grove, CA 92845
MLS# NP26072220Listed by: RE/MAX SELECT ONE - New
$790,000Active2 beds 3 baths1,283 sq. ft.10002 Central Avenue #23, Garden Grove, CA 92843
MLS# OC25275214Listed by: HOME TRADE REALTY & FUNDING - New
$688,000Active3 beds 2 baths1,324 sq. ft.12668 Chapman #2104, Garden Grove, CA 92840
MLS# PW26072898Listed by: DHT FINANCIAL & REALTY - Coming Soon
$1,150,000Coming Soon4 beds 2 baths12592 Palomar, Garden Grove, CA 92845
MLS# PW26072857Listed by: EXP REALTY OF CALIFORNIA INC - New
$650,000Active3 beds 3 baths1,494 sq. ft.12041 Stonegate, Garden Grove, CA 92845
MLS# PW26072592Listed by: REMAX TIFFANY REAL ESTATE