Active
9602 Alwood AVE
GARDEN GROVE CA, 92841
$4,800,000
$392.35 per sqft
Active
3 Beds
2 Baths
12,234 sqft
Multi-family
Built in 1958
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.
PW25015142MR
MLSⓇ ID
January 7, 2025
Listed
February 8, 2025
Updated
Map
9602 Alwood AVE
GARDEN GROVE CA, 92841
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
2
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.46 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Garden Grove S of Chapman, W of Euclid
Garage
Yes
Garage Spaces
12
Parking Total
17
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Zoning
R3
Listed by James Wardlaw with Triqor Group
Listing Contact: 949-756-3232
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alexander Madrigal | CA DRE# 01897853 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/8/2025
