9602 9612 Alwood Avenue

Garden Grove, CA 92841

  • 0 Bed(s)
  • 0 Bath(s)
  • 12,234 Sqft
  • 20101
    Sqft(Lot)
$4,800,000

Description

We are pleased to present the alwood garden apartments, a well-maintained 16-unit apartment building consisting of two adjacent buildings with eight units each. the property boasts an open layout and is located in a great rental location near the 22 freeway. the current rents provide a 4.9% cap rate, with a 30% potential upside in rents. this presents a great opportunity for investors looking to increase their cash flow and equity. with the potential for higher rents and the property’s prime location, the alwood garden apartments offer strong investment potential for savvy investors looking to add to their portfolio.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    48411444

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1958
    • Building Area Total: 12,234

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4615
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 20101

  • Listing Price Information

    • Original List Price: 4,800,000
    • Listing Contract Date: 2025-01-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 13309130

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 63 - Garden Grove S of Chapman, W of Euclid
    • Directions: Driving East on Chapman Ave., Turn Right Onto Gilbert St., Turn Left Onto Alwood Ave., Property Is On Your Right
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 63 - Garden Grove S of Chapman, W of Euclid
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 67
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 17:37

  • MLS: PW25015142
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 12,234 sqft, 20,101 sized lot, and 12 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Garden Grove , in zip code 92841, this Orange County Home , it is in the Other. Subdivision, are nearby neighborhoods.