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$4,650,000
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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.
Full Property Details
Full Property Details for 9602 9612 Alwood Ave
General
- Sold For: $4,650,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25015142
- Added to Site: 409 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 12
Location
- Area: 63 - Garden Grove S of Chapman, W of Euclid
- County: Orange
- Development Name: 63 - Garden Grove S of Chapman, W of Euclid
- Driving Directions: Driving East on Chapman Ave., Turn Right Onto Gilbert St., Turn Left Onto Alwood Ave., Property Is On Your Right
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 16
- # Electric Meters: 16
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 12,234
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.4615
- Lot Size Source: Assessor
- Zoning: R3
- Lot Description: Irregular Lot
Financial Considerations
- Price Per Sq. Ft.: $380.09
- Price Per Unit: 300000
Listed and Sold by Triqor Group, James Wardlaw
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Schools
Schools serving 9602 9612 Alwood Ave
School District:Garden Grove Unified School District
| Name | Grades | Distance |
|---|---|---|
Brookhurst Elementary School 9821 William Dalton Way, Garden Grove, CA 92841 | K-6 | 0.2 mi |
Dr. Walter C. Ralston Intermediate School 10851 Lampson Avenue, Garden Grove, CA 92840 | 7-8 | 1.3 mi |
Rancho Alamitos High School 11351 Dale Street, Garden Grove, CA 92841 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9602 9612 Alwood Ave
Date
Details
Price
Change
Source
3/27/2025
Sold
$4,650,000
-3.12%
MLS
1/22/2025
Listed
$4,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9602 9612 Alwood Avenue, Garden Grove, CA 92841 (MLS# PW25015142) is a Multi-Family property that was sold at $4,650,000 on March 27, 2025. Want to learn more about 9602 9612 Alwood Avenue? Do you have questions about finding other Multi-Family real estate for sale in Garden Grove? You can browse all Garden Grove real estate or contact a Coldwell Banker agent to request more information.

