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9602 Alwood Avenue, Garden Grove, CA

$4,800,000

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3

Beds

2

Baths

0.46

Acres

About 9602 Alwood Avenue

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 propertys prime location, the Alwood Garden Apartments offer strong investment potential for savvy investors looking to add to their portfolio.

Features of 9602 Alwood Avenue

MLS® # PW25015142
Price $4,800,000
Bedrooms 3
Bathrooms 2.00
Acres 0.46
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 9602 Alwood Avenue
City Garden Grove
County Orange
State CA
Zip Code 92841

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed January 7th, 2025
Days on Market 79
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTriqor Group

Listing Map

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