9382 Cellini Avenue, Garden Grove, CA 92841
- $2,150,000
- Sold Price
- $2,150,000
- List Price
- $2,350,000
- Closing Date
- Jan 12, 2024
- Status
- CLOSED
- MLS#
- NP23197814
- Year Built
- 1960
- Lot Size
- 10,019
- Acres
- 0.23
- Days on Market
- 73
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
- Neighborhood
- Other
Property Description
8-Unit apartment complex situated in a prime Garden Grove Location. With two 2 bedroom / 1 bath units and six 1 bedroom / 1 bath Units. Each unit comes with 1 garage space. Property also offers Community Laundry. Six of the units pay 10% of the water bill. Nestled in an area with consistently high rental demand, ensuring a steady income stream. The combination of its strategic location and its well-maintained state makes it a standout choice for discerning investors eager to enhance their portfolio. Given the property’s attributes and the burgeoning demand in the Garden Grove area, this apartment complex presents robust investment potential. This is an opportunity not to be missed, especially for those keen on substantial and sustained returns.
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Additional Information
- Appliances
- Disposal
- Pool Description
- None
- Heat
- Wall Furnace
- Exterior Construction
- Frame, Stucco
- Roof
- Composition
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $181,020
- Operating Expense
- 56005
Listing courtesy of Listing Agent: Mehdi Khosh (mehdi@mehdikhosh.com) from Listing Office: Berkshire Hathaway HomeService.
Listing sold by Ryan Khosh from Berkshire Hathaway HomeService
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.