9361 Cellini Ave, Garden Grove, CA 92841

$4,420,000

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Sold Price
$4,420,000
List Price
$4,655,000
Closing Date
Jan 20, 2026
Status
CLOSED
MLS#
NP25233655
Year Built
1960
Lot Size
17,258
Acres
0.40
Lot Location
11-15 Units/Acre
Days on Market
43
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels
Neighborhood
Cellini Loop

Property Description

Nestled in a desirable quiet pocket of Garden Grove, 9361 Cellini Avenue presents a rare opportunity for investors. This well-maintained 15-unit apartment building, extensively renovated in 2025, features 14 one-bedroom units and a single two-bedroom unit. All major building systems are in excellent condition, offering a turnkey investment. The property also features on-site garage parking and a vacant storage/laundry room, adding to its value. The property currently generates RUBS income across all leased units, and with a potential for a 10% increase in rents. This is an ideal addition to any investment portfolio, blending low maintenance operations with a strong income stream.

Additional Information

Pool Description
None
Garage Spaces Total
15
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
15
Gross Scheduled Income
$358,408
Operating Expense
109115

Listing courtesy of Listing Agent: Randall Mycorn (randall@rlmequities.com) from Listing Office: R L M Equities.

Listing sold by Sean Riley from CB Richard Ellis, Inc.

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Calculator source: Real Geeks

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.