9602 Alwood Avenue Active Save Request In-Person Tour Request Virtual Tour
Garden Grove,CA 92841
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,234 sqft
Price per Sqft $392
MLS Listing ID CRPW25015142
HOA Y/N No
Year Built 1958
Lot Size 0.461 Acres
Acres 0.46
Property Sub-Type Other
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 4.9% 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.
Location
State CA
County Orange
Zoning R3
Interior
Fireplace No
Laundry Other
Building
Lot Description Irregular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 13309130