10622 Tibbs Circle, Garden Grove, CA 92840

Local realty services provided by:ERA North Orange County Real Estate
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10622 Tibbs Circle,Garden Grove, CA 92840
$5,250,000
  • - Beds
  • - Baths
  • 4 sq. ft.
  • Multi-family
  • Active
Listed by:long nguyen
Office:advance estate realty
MLS#:OC25112645
Source:CRMLS

Price summary

  • Price:$5,250,000
  • Price per sq. ft.:$1,312,500

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 2012—providing 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

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Home facts

  • Year built:1960
  • Listing Id #:OC25112645
  • Added:88 day(s) ago
  • Updated:August 18, 2025 at 10:35 AM

Rooms and interior

  • Living area:4 sq. ft.

Heating and cooling

  • Cooling:Ductless Air
  • Heating:Ductless

Structure and exterior

  • Roof:Rolled Hot Mop
  • Year built:1960
  • Building area:4 sq. ft.
  • Lot area:0.45 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$5,250,000
  • Price per sq. ft.:$1,312,500
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