9931 Central Ave - Apartments FOR SALE


Garden Grove, CA 92844
$17,888,000 USD
714-290-0298
9931 Central Ave, Garden Grove, CA for Sale
$17,888,000 USD
Apartments - FOR SALE
1/19
null | 4.7% Cap Rate

9931 Central Ave
Garden Grove, CA 92844


OVERVIEW

WELCOME TO THE EL CENTRICO APTS, 52 UNITS IN A GREAT GARDEN GROVE LOCATION, (50) 2 BEDROOM + 1.75 BATH, (2) 3 BEDROOM + 1.75 BATH, PLUS (2) 1 BEDROOM + 1 BATH DETACHED NON PERMITTED UNITS! PROPERTY AMENITIES INCLUDE SECURED GATED ACCESS, SWIMMING POOL, 2 LAUNDY FACILITIES, ALL UNITS HAVE PRIVATE PATIOS, MOST DOWNSTAIRS UNITS HAVE A PRIVATE YARD AND PATIO, 52 GARAGES AND 52 SPACES, AND MUCH MORE! INDIVIDUAL ELECTRIC METERS FOR EACH UNIT AND FULLY PAID SOLAR FOR THE HOUSE ELECTRIC METER FOR LOW EXPENSES. HUGE UPSIDE ON RENTS AND NEW OWNER TO IMPLEMENT RUBS! CALL AGENT FOR AN OM!

FOR SALE DETAILS

PRICE

$17,888,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

52

PRICE/UNIT

$344,000

CAP RATE

4.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Centrico

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

56

LAND DETAILS

LAND ACRES

2.33 AC

LAND SF

101,522 SF

ZONING

R3, Garden Grove

APN/PARCEL ID

098-531-19

ASK ABOUT THIS PROPERTY

Gregg HorvathR.L.M. EQUITIESMore Info
714-290-0298

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Gregg HorvathR.L.M. EQUITIESMore Info
714-290-0298

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