Listed by Tyler Leeson, Marcus & Millichap RE Invest,

9832 Acacia Avenue

Garden Grove, CA, 92841

$10,000,000

$404 per ft²
$10,000,000
$404 per ft²
Sold
Sold
carpenters-square
24,739 ft²
property_type
Multi-family
calendar
Built 1962
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.
MLS® ID:
OC21220353
Listed:
10/3/21
Updated:
1/29/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
1.27 acres lot
Lot Details
Lawn, Landscaped, Level
Sewer
Public Sewer

Other Property Details

Area Name
699 - Not Defined
Association Amenities
Curbs, Sidewalks
Garage
Yes
Garage Spaces
32
Parking
38
Parking Total
38.0
View
N
County
Orange
Water Source
Public
Pool
No
Pool Description
None
Total Stories
1
Buyer Agency Compensation
1.500

Property History

Date
Event
Price
Value
12/19/22
Sold
-
-
12/19/22
Price Change
$10,000,000
-2%
6/21/22
Pending
-
-
5/15/22
Active
-
-
5/15/22
Price Change
$10,225,000
0%
4/11/22
Pending
-
-
1/4/22
Price Change
$10,300,000
-3%

Listed by Marcus & Millichap RE Invest, Tyler Leeson,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 1/29/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 10:06 PM UTC, 1/29/23

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