9602 9612 Alwood Avenue, Garden Grove CA, 92841

Active

9602 9612 Alwood Avenue

Garden Grove CA, 92841

$4,800,000

$392.35 per sqft

Active

12,234 sqft

Condos

Built in 1958

Listed by James Wardlaw with Triqor Group 949-756-3232

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.

PW25015142

MLSⓇ ID

January 22, 2025

Listed

January 23, 2025

Updated

Map

9602 9612 Alwood Avenue
Garden Grove CA, 92841

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.46 Acres
Lot Features: Irregular Lot
Sewer: Public Sewer

Other Property Details

Area Name: 63 - Garden Grove S of Chapman, W of Euclid
Garage: Yes
Garage Spaces: 12
Parking Total: 17
View: No
County: Orange
Water Source: Public
Pool: No
Pool Features: None
Zoning: R3

Listing Contact: 949-756-3232

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/23/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/23/2025 at 12:27 AM UTC