9602 Alwood Avenue, Garden Grove, CA 92841
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Listed Price :
$4,835,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1958
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 |
List Price |
$4,835,000 |
Status |
Hidden |
Type |
Residential Income |
Subtype |
Apartment |
Structure Size |
N/A |
Lot Size |
20,101 |
Year Built |
1958 |
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.