Listing Courtesy of: CRMLS / Advance Estate Realty / Long Nguyen - Contact: 714-933-5686
10622 Tibbs Circle Garden Grove, CA 92840
Active (181 Days)
$5,250,000 (USD)
4
SQFT
Description
MLS #:
OC25112645
OC25112645
Lot Size
0.45 acres
0.45 acres
Type
Multifamily
Multifamily
Year Built
1960
1960
County
Orange County
Orange County
Listed By
Long Nguyen, Advance Estate Realty, Contact: 714-933-5686
Source
CRMLS
Last checked Nov 19 2025 at 1:54 AM GMT+0000
CRMLS
Last checked Nov 19 2025 at 1:54 AM GMT+0000
Bathroom Details
Interior Features
- Laundry: Common Area
- Range Hood
- Quartz Counters
- Gas Range
- Water Heater
- Gas Water Heater
Lot Information
- Sprinklers In Front
- Sprinkler System
Heating and Cooling
- Ductless
Pool Information
- Community
Flooring
- Tile
- Laminate
- Vinyl
Exterior Features
- Roof: Rolled/Hot Mop
Utility Information
- Utilities: Water Connected, Cable Available, Phone Available, Sewer Connected, Electricity Connected, Natural Gas Connected, Water Source: Public
- Sewer: Public Sewer
Parking
- Garage
- Assigned
- Garage Faces Rear
- Door-Multi
Stories
- 2
Additional Information: Advance Estate Realty | 714-933-5686
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
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 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 County’s most sought-after rental markets.