$4,835,000
9602 Alwood Avenue, Garden Grove 92841
3
Beds
2
Baths
20,101
Lot Size
16
# Of Units
Listing Agent
Gary Tolfa - Triqor Group - gary@triqorgroup.comWe 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.
Facts & Features
| MLS® # | PW23148064 |
|---|---|
| Price | $4,835,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Lot Size | 20,101 |
| Year Built | 1958 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 16 |
Community Information
| Address | 9602 Alwood Avenue |
|---|---|
| Area | 63 - Garden Grove S of Chapman, W of Euclid |
| Subdivision | / |
| City | Garden Grove |
| County | Orange |
| Zip Code | 92841 |
Amenities
| Parking Spaces | 12 |
|---|---|
| # of Garages | 12 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Rectangular Lot |
|---|
Additional Information
| Date Listed | August 9th, 2023 |
|---|---|
| Days on Market | 260 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Gary Tolfa |
|---|---|
| Office | Triqor Group |
| Info | gary@triqorgroup.com |