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.
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
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#: PW25015142
Originating 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