9602 Alwood Avenue

Garden Grove, CA 92841

$4,835,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $372 / sqft

1958

calendar_month Built

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 4.5% cap rate, with a 40% 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 9602 Alwood Avenue
City Garden Grove
State CA
Zip 92841
County Orange
Listing Agent Gary Tolfa DRE#00955403
Courtesy Of Triqor Group
MLS PW23148064
List Price $4,835,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 20,101
Year Built 1958
DOM 177

Exterior Information

Maps

Listing information courtesy of: Gary Tolfa, Triqor Group . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 8th, 2024 at 4:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.