10422 Bonnie, Garden Grove, California 92843, Garden Grove, 92843 - 5 bed, 3 bath
10422 Bonnie
Garden Grove, California 92843
Property Price
SUMMARY
Analysis of 10422 Bonnie, Garden Grove, California 92843 is currently available with a list price of $1,249,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Garden Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Originally built in 1947, this duplex is well-maintained but shows its age. While it features some cosmetic updates including newer laminate flooring and refreshed white shaker-style kitchen cabinetry with stone countertops, the bathrooms and overall fixtures remain dated. The property appears move-in ready for tenants, but the aging infrastructure and lack of a comprehensive modern renovation to the exterior and major systems align it with the 'fair' condition category.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
This duplex features separately metered utilities and individual entrances, providing excellent operational efficiency for investors or owner-occupants looking to offset their mortgage with rental income.
- Strategic Orange County Location
Situated in a supply-constrained Garden Grove submarket near major freeways and shopping, the property benefits from high rental demand and long-term appreciation potential.
- Generous Lot and Parking
The nearly 7,000-square-foot lot offers ample driveway parking and private outdoor space, a significant advantage for multi-unit living in a dense residential neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6970, other record lot size in square feet = 6780. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2031, other record living area = 1113.
- Aging Infrastructure
Originally built in 1947, the property may require more frequent maintenance or capital improvements to update older systems compared to newer construction.
- Market Repositioning
A recent $100,000 price reduction suggests the initial valuation was above market expectations, which may reflect a need for cosmetic updates to justify the current price point.
About 10422 Bonnie
Price Improvement – Repositioned to Meet the Market Well-maintained duplex located in a desirable Garden Grove neighborhood. The property features two separate units with individual entrances and functional floor plans, offering a solid opportunity for both investors and owner-occupants. The property sits on a generous lot with driveway parking and outdoor space, providing long-term flexibility. Separately metered utilities add to the asset’s operational efficiency. Conveniently located near major freeways, shopping, dining, and local amenities. A rare opportunity to acquire a stable duplex in a supply-constrained Orange County submarket.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1947
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 3.0 | 3.5 | 50% |
| Square foot | 2,031 | 2,511.5 | 50% |
| Lot Size | 6,970 | 4,986 | 50% |
| Price | $1.25M | $1.26M | 50% |
| Price per sq ft | $615 | $520 | 50% |
| Built year | 1947 | 1980 | 50% |
| HOA | $0 | $77 | 50% |
| Days on market | 79 | 101 | 50% |
Pricing History
Listed for Sale
Jan 8, 2026
$1,249,000
$1,349,000
-7% Price Drop
Initial Listing
Price Change
Dec 18, 2025
$1,349,000
Initial Listing