9832 Acacia Ave., Garden Grove, CA 92841 - OC21220353 - iPro Real Estate

9832 Acacia Ave.
Garden Grove, CA 92841

Sold, Multi-Family/Income Sale

For Sale

$10,000,000 $184.83 per sqft

Free Professional CMA

Listing ID : OC21220353

  • Beds

    4
  • Lot Size

    1 Acre

Description

Extremely rare opportunity to acquire a primarily single-story 24-Unit multifamily pride of ownership investment property. Comprised entirely of 1,000+ square foot two-bedroom/two-bath units. Eight individual 3-unit structures situated on a single 1.27 acre lot. Sixteen of the units are single story. Eight of the units are carriage style and sit over the garage parking. All units come with single or double car garage parking. Attractive amenity package includes controlled access parking, controlled access pedestrian, on-site laundry rooms, and large private balconies & patios. BEAUTFULLY MAINTAINED by long-term owner. 21.4% upside in current income stream. Highly desirable central Orange County location.

Details

Type: Multi-Family/Income Sale 
County: Orange 
Tax ID: 13337131
Cap Rate: 3% 
Net Operating Income: $327,975 
Number of Units: 24 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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33.775551 -117.96109 $10,225,000 OC21220353
9832 Acacia Ave., Garden Grove, CA 92841
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Listed by Tyler Leeson with Marcus & Millichap RE Invest