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.
MLS #
CRPW25015142
MLS Source
California Regional MLS
Garage/Parking
Garage: 12 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
9602 9612 Alwood Ave is a Residential Income in Garden Grove, CA 92841. This – square foot property sits on a 20,101 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,650,000 and was built in 1958.
This address can also be written as 9602 9612 Alwood Ave, Garden Grove, CA 92841.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 27, 2025. For the most current information, please contact James Wardlaw