Garden Grove, CA 92841,9832 Acacia AVE

$10,000,000

$10,225,000

2.2%
Est.Price: ?

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Est. payment /mo

1.27 Acres Lot


SOLD DATE : 12/15/2022

Key Details

Sold Price $10,000,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC21220353

Sold Date 12/15/22

HOA Y/N No

Year Built 1962

Lot Size 1.270 Acres

Property 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.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 32.0

Garage Description 32.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 38

Private Pool No

Building

Lot Description Lawn, Landscaped, Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 13337131

Energy Description 562.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Tyler Leeson Marcus & Millichap RE Invest
Bought with Nathan Nguyen Best Realty & Finance, Inc.
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