9602 9612 Alwood Avenue

Garden Grove, CA 92841

$4,800,000

List Price

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1958

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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.

Listing Information

List Price $4,800,000
Status Active
MLS PW25015142
Type Residential Income
Subtype Apartment
Year Built 1958
Lot Size 20,101
Structure Size N/A
Courtesy Of Triqor Group
Listing Agent James Wardlaw DRE#02061381

Interior Features

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Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: James Wardlaw, Triqor Group . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 22nd, 2025 at 11:58 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.