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Sold for $4,650,000 on 03/27/25
  • Listing Provided by: 

    James Wardlaw DRE #02061381 949-756-3232,

    Triqor Group

    $4,650,000

    9602-9612 Alwood Ave, Garden Grove, CA 92841

    --beds
    --baths
    12,234sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $4,613,500 Zestimate®
    $380/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2025 at 10:13am

    Listing Provided by:

    James Wardlaw DRE #02061381 949-756-3232,

    Triqor Group

    Bought with:

    James Wardlaw, DRE #02061381

    Triqor Group

    Source: CRMLS,MLS#: PW25015142MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 12,234
    • Total interior livable area: 12,234 sqft

    Property

    Parking
    • Total spaces: 17
    • Parking features: Garage
    • Garage spaces: 12
    • Uncovered spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.46 Acres
    • Features: Irregular Lot
    Details
    • Additional parcels included: 13309131
    • Parcel number: 13309130
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Garden Grove
    • Subdivision: /

    Other

    Other facts
    • Listing terms: Conventional
    Services availability
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    Estimated market value

    $4,613,500