Garden Grove, CA 92841,9602 9612 Alwood AVE
Garden Grove, CA 92841,9602 9612 Alwood AVE
Garden Grove, CA 92841,9602 9612 Alwood AVE
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$4,800,000
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Contingent

9602 9612 Alwood AVE Garden Grove, CA 92841

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Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CRPW25015142

Originating Board California Regional MLS

Year Built 1958

Lot Size 0.461 Acres

Property 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.

Location

State CA

County Orange

Area 63 - Garden Grove S Of Chapman, W Of Euclid

Interior

Laundry Laundry Area

Exterior

Garage Spaces 17.0

Pool None

Building

Lot Description Irregular

Water District - Public

Others

Tax ID 13309130

Special Listing Condition Not Applicable , Accepting Backups


MLS Listing IDX PLUS
Listed by James Wardlaw • Triqor Group

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agent

Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321

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9602 9612 Alwood AVE