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10422 Bonnie Dr - Garden Grove Duplex 2 Unit Apartment Building Offered at $1,707,670 CAD Garden Grove, CA 92843
Investment Highlights
- PRICE REDUCED $100,000
- Single Story Units
- Private Patios and Yards
- New Roof Installed 2025
- Ample Off-Street Parking
Executive Summary
Price Improvement – Duplex Repositioned for Immediate Market Response
The property has been repositioned with a recent price improvement to better reflect current buyer demand. This duplex offers stable income, a straightforward operating profile, and future upside through rent growth.
Located in a desirable Garden Grove submarket with limited comparable inventory, the new pricing presents a clear opportunity for investors seeking long-term value.
The property has been repositioned with a recent price improvement to better reflect current buyer demand. This duplex offers stable income, a straightforward operating profile, and future upside through rent growth.
Located in a desirable Garden Grove submarket with limited comparable inventory, the new pricing presents a clear opportunity for investors seeking long-term value.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$89,089
|
$26.89
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,353
|
$0.71
|
| Effective Gross Income |
$86,736
|
$26.18
|
| Taxes |
$20,932
|
$6.32
|
| Operating Expenses |
$10,492
|
$3.17
|
| Total Expenses |
$31,424
|
$9.49
|
| Net Operating Income |
$55,311
|
$16.70
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $89,089 |
| Annual Per SF | $26.89 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $2,353 |
| Annual Per SF | $0.71 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $86,736 |
| Annual Per SF | $26.18 |
| Taxes (CAD) | |
|---|---|
| Annual | $20,932 |
| Annual Per SF | $6.32 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,492 |
| Annual Per SF | $3.17 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $31,424 |
| Annual Per SF | $9.49 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $55,311 |
| Annual Per SF | $16.70 |
Property Facts
| Price | $1,707,670 CAD | Lot Size | 0.16 AC |
| Price Per Unit | $853,835 CAD | Building Size | 2,031 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1947 |
| Apartment Style | Garden | Parking Ratio | 2.95/1,000 SF |
| Price | $1,707,670 CAD |
| Price Per Unit | $853,835 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.16 AC |
| Building Size | 2,031 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 2.95/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- Oven
- Range
- Yard
- Deck
- Dining Room
- Family Room
- Garden
Site Amenities
- Fenced Lot
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $4,443 CAD | 1,113 |
| 2+1 | 1 | $2,981 CAD | 918 |
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 099-063-12 | Total Assessment | $604,435 CAD (2025) |
| Land Assessment | $432,432 CAD (2025) | Annual Taxes | $20,932 CAD ($10.31 CAD/SF) |
| Improvements Assessment | $172,004 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
099-063-12
Land Assessment
$432,432 CAD (2025)
Improvements Assessment
$172,004 CAD (2025)
Total Assessment
$604,435 CAD (2025)
Annual Taxes
$20,932 CAD ($10.31 CAD/SF)
Tax Year
2024
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10422 Bonnie Dr - Garden Grove Duplex
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