CA > Garden Grove
Garden Grove, CA 92841,9602 9612 Alwood AVE
Garden Grove, CA 92841,9602 9612 Alwood AVE
Garden Grove, CA 92841,9602 9612 Alwood AVE
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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Justin Bonney

Justin Bonney

+1(818) 392-4884
$ 4,800,000
Est. payment | /mo

0.46 Acres Lot

Save
$ 4,800,000
Est. payment | /mo
Save

0.46 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25015142

HOA Y/N No

Year Built 1958

Lot Size 0.461 Acres

Property Sub-Type Apartment

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

Zoning R3

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Sidewalks

Total Parking Spaces 17

Private Pool No

Building

Lot Description Irregular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 13309130

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by James Wardlaw • Triqor Group

GET MORE INFORMATION

agent
Justin Bonney

Broker, Realtor® | Lic# 01338897

+1(818) 392-4884

15233 Ventura Boulevard Suite 500 Sherman Oaks, CA 91403

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9602 9612 Alwood AVE