9602 9612 Alwood AVE Save Request In-Person Tour Request Virtual Tour
Garden Grove,CA 92841
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW25015142
Year Built 1958
Lot Size 0.461 Acres
Property Sub-Type Apartment
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
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Zoning R3
Interior
Laundry Common Area
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Sidewalks
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard