For Sale
$4,800,000
9602 Alwood Ave Garden Grove, CA 92841
16-Unit Apartment Complex, High Potential
Overview
- Added:
- Jan 24
- Days on market:
- 93
Highlights
- $4,800,000 asking price for a 16-unit multifamily property.
- Two adjacent buildings, each with eight units.
- Potential for 30% rent increase.
- 4.9% cap rate based on current rents.
- Plumbing upgrades completed.
- Excellent Garden Grove location near the 22 Freeway.
Property Details for 9602 Alwood Ave
- Property type
- Apartment buildings
- Square Feet
- 12,234 SF
- Year Built
- 1958
- Buildings
- 2
- Units
- 16
Location Insight
- City
- Garden Grove
- County
- Orange
- State
- California
- Latitude
- 33.7869143
- Longitude
- -117.9656655
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 16-Unit Apartment Complex, High Potential
- Where is the apartment building located?
- The property is located at 9602 Alwood Ave Garden Grove, CA.
- What is the asking price?
- The asking price for this property is $4,800,000.
- What are key features of this property?
- This property features: $4,800,000 asking price for a 16-unit multifamily property.; Two adjacent buildings, each with eight units.; Potential for 30% rent increase.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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