We are pleased to present the Alwood Garden Apartments, a well-maintained 16-unit apartment building consisting of two adjacent buildings with eight units each. The property boasts an open layout and is located in a great rental location near the 22 freeway. The current rents provide a 4.5% cap rate, with a 40% potential upside in rents. This presents a great opportunity for investors looking to increase their cash flow and equity. With the potential for higher rents and the property’s prime location, the Alwood Garden Apartments offer strong investment potential for savvy investors looking to add to their portfolio.
Property Details
Property Features
Property Information:
Year Built: 1958
Stories: 2
Listing Office:
Office Name: Triqor Group
Office Email: gary@triqorgroup.com
Listing Agent: Gary Tolfa
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 12 spaces
Lot Features
Lot Information:
Lot: Rectangular Lot
Lot Size: 0.46 Acres
School Info
Assigned Schools Information:
Rancho Alamitos High School, Public District Grades 9-12
Dr. Walter C. Ralston Intermediate School, Public District Grades 7-8
Brookhurst Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Contact Agent
Price Information
Listing Price Info
Price Summary:
List Price: $4,835,000
Tax Information:
Annual Amount: $19,800
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Garden Grove, CA.
This property is $3.9M more than the Median Sold Price in Garden Grove, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW23148064
Listing Office:
Office Name: Triqor Group
Office Email: gary@triqorgroup.com
Listing Agent: Gary Tolfa
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 4:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 25, 2004
Aug 25, 2004Home Sold
$2,300,000
Sep 28, 2001
Sep 28, 2001Home Sold
$625,000
Apr 20, 1989
Apr 20, 1989Home Sold
$1,175,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$19,800
$1,480,922
2020
$19,540
$1,465,737
2019
$18,809
$1,436,998
2018
$18,809
$1,408,822
2017
$18,554
$1,381,199
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Brookhurst Elementary School
9821 Catherine Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-6
Middle School
7
/10
Dr. Walter C. Ralston Intermediate School
10851 Lampson Ave
Distance between this listing and this school1.31 miles
Public District Grades 7-8
High School
5
/10
Rancho Alamitos High School
11351 Dale St
Distance between this listing and this school1.47 miles
Public District Grades 9-12
Assigned Schools
5
/10
Brookhurst Elementary School
9821 Catherine Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-6
Nearby Schools
7
/10
Gilbert Elementary School
9551 Orangewood Ave
Distance between this listing and this school0.64 miles
Public District Grades KG-6
6
/10
Louis G. Zeyen Elementary School
12081 Magnolia St
Distance between this listing and this school0.66 miles
Public District Grades KG-6
Assigned Schools
7
/10
Dr. Walter C. Ralston Intermediate School
10851 Lampson Ave
Distance between this listing and this school1.31 miles
Public District Grades 7-8
Nearby Schools
7
/10
Alamitos Intermediate School
12381 Dale St
Distance between this listing and this school1.17 miles
Public District Grades 7-8
7
/10
Louis Lake Intermediate School
10801 Orangewood Ave
Distance between this listing and this school1.38 miles
Public District Grades 7-8
Assigned Schools
5
/10
Rancho Alamitos High School
11351 Dale St
Distance between this listing and this school1.47 miles
Public District Grades 9-12
Nearby Schools
7
/10
Garden Grove High School
11271 Stanford Ave
Distance between this listing and this school1.75 miles
Public District Grades 9-12
7
/10
Bolsa Grande High School
9401 Westminster Ave
Distance between this listing and this school1.79 miles
The neighbors living near this home have an average income of $44,607. Residents of Garden Grove, CA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9602 Alwood Ave
What is the listing price of this property?
The listing price of 9602 Alwood Ave property is $4,835,000.
What type of property is this?
The property 9602 Alwood Ave is a condo located in Garden Grove, California, 92841.
Is this property for sale now?
Active Listing: 9602 Alwood Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 9602 Alwood Ave are: Brookhurst Elementary School: GreatSchools Rating 5/10Dr. Walter C. Ralston Intermediate School: GreatSchools Rating 7/10Rancho Alamitos High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $19,800 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 25, 2004 for $2,300,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 9602 Alwood Ave is 1958.
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This home is located at 9602 Alwood Ave in Garden Grove, CA and zip code 92841. This home, which was built in 1958, sits on a 0.46 acre lot. It has been listed on Rocket Homes since August 16, 2023 and is currently priced at $4,835,000.
Over 31 listings were sold over their listed price in April 2024 in Garden Grove, CA. In the same period over 8 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in Garden Grove, CA decreased by 7.2% between March 2024 and April 2024. Listings spent 14 days on the market in April 2024, and had a median list price of $869,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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