9602 Alwood Avenue
Garden Grove, CA, 92841
$4,800,000
Beds
0 Baths
SqFt
0.46 Acres
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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.

Property Details

Price:
$4,800,000
MLS #:
PW25015142
Status:
Active
Baths:
0
Address:
9602 Alwood Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
63gardengrovesofchapmanwofeuclid
City:
Garden Grove
Listed Date:
Jan 7, 2025
State:
CA
ZIP:
92841
Lot Size:
20,101 sqft / 0.46 acres (approx)
Year Built:
1958
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Interior

Exterior

Community Features
Sidewalks
Garage Spaces
12.00
Lot Features
Irregular Lot
Parking Spots
17.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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Community

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Rover IDX
9602 Alwood Avenue
Garden Grove, CA