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

iPro Real Estate

9832 Acacia Ave.
Garden Grove, CA 92841

Pending, Multi-Family/Income Sale

For Sale

$10,225,000 $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 
Days on Market: 269 
Number of Units: 24 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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Interactive

33.775551 -117.96109 $10,225,000 OC21220353
9832 Acacia Ave., Garden Grove, CA 92841
Directions to here from:

Area Information 92841

Population:

37,264 Up .05% since 2010
Average Income:
$101,694
Average Age:
39Years
Gender:
49.77%Male
50.23%Female
Households:
10,40739.49% with children
Average Value:
$785,299
Occupancy:
54.33%Owned
45.67%Rented
3.74%Vacant
Education:
26.84%High School
7.35%Associate
16.68%Bachelor
5.42%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
12.54Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Jun 21, 2022
Transaction
Pending - Residential IncomeOC21220353
Price
$10,225,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Tyler Leeson with Marcus & Millichap RE Invest