9371 Cellini Ave - Apartments FOR SALE


Garden Grove, CA 92841
$2,495,000 USD
949-573-5309
9371 Cellini Ave, Garden Grove, CA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/19
null | 5.62% Cap Rate

9371 Cellini Ave
Garden Grove, CA 92841


HIGHLIGHTS

  • 5.6% Cap Rate on Current Rents
  • 10% Rental upside
  • Garage Parking
  • Turnkey Investment

OVERVIEW

Nestled in a desirable quiet pocket of Garden Grove, 9371 Cellini Avenue presents a rare opportunity for investors. This well-maintained 8-unit apartment building, extensively renovated in 2025, features seven 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.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$159 USD /SF

# OF UNITS

8

PRICE/UNIT

$311,875

CAP RATE

5.62%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

132-412-11,132-412-12

ASK ABOUT THIS PROPERTY

Randall MycornR.L.M. EquitiesMore Info
949-573-5309

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Randall MycornR.L.M. EquitiesMore Info
949-573-5309

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.