9861 Acacia Ave - Multi-Family FOR SALE


Garden Grove, CA 92841
$1,400,000 USD
949-584-0503
9861 Acacia Ave, Garden Grove, CA for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/7
null | 3% Cap Rate

9861 Acacia Ave
Garden Grove, CA 92841


HIGHLIGHTS

  • Large 2-Bedroom Floorplans
  • (3) Garages
  • Motivataed Seller
  • Private Patios/Yards
  • Minutes to 22 Freeway and Many Retailers

OVERVIEW

9861 Acacia Avenue is a three-unit multifamily investment in Garden Grove offering a compact, well located asset with clear rental upside. Built in 1961 on a 7,199 SF lot, the property totals 2,905 SF and is configured entirely as 2BR/1BA units — a tenant-friendly mix that supports stable occupancy. Parking is provided via three garages, and select units include patio and deck space along with on-site laundry. The owner currently pays water and trash. At an asking price of $1,400,000 ($466,667 per unit / $481.93 per SF), the asset is offered at a 3.00% in-place cap on current NOI of approximately $42,021, with a path to a 3.70% proforma cap as rents mark to market at $2,350 per unit.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$482 USD /SF

# OF UNITS

3

PRICE/UNIT

$466,667

CAP RATE

3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,199 SF

ZONING

-

APN/PARCEL ID

133-361-46

ASK ABOUT THIS PROPERTY

Damien BreauxMorgan-Skenderian Investment Real Estate GroupMore Info
949-584-0503

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Damien BreauxMorgan-Skenderian Investment Real Estate GroupMore Info
949-584-0503

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