9602 Alwood AVE, GARDEN GROVE CA, 92841

Active

9602 Alwood AVE

GARDEN GROVE CA, 92841

$4,835,000

$372.21 per sqft

Active

3 Beds

2 Baths

12,990 sqft

Multi-family

Built in 1958

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 4.5% cap rate, with a 40% 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.

PW23148064MR

MLSⓇ ID

August 9, 2023

Listed

September 13, 2024

Updated

Map

9602 Alwood AVE
GARDEN GROVE CA, 92841

Interior Features

Total Stories: 2
Bedrooms: 3
Total Bathrooms: 2
Laundry Description: None
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.46 Acres
Sewer: Public Sewer

Other Property Details

Area Name: Garden Grove S of Chapman, W of Euclid
Days on Market: 177
Garage: Yes
Garage Spaces: 12
Parking Total: 12
View: No
County: Orange
Water Source: Public
Pool: No
Pool Features: None
Zoning: R-3

Listed by Gary Tolfa with Triqor Group
Listing Contact: 949-756-3232

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Data last updated 9/13/2024