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Off market
  • $3,029,200

    9801-9811 Russell Ave, Garden Grove, CA 92844

    16beds
    8baths
    5,460sqft
    MultiFamily
    Built in 1957
    -- sqft lot
    $3,029,200 Zestimate®
    $555/sqft
    $2,428 Estimated rent

    Owner options

    List your home for rent

    $2,428/mo

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    $2,428/mo

    Rent Zestimate®

    Refinance and save

    $18,646/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $18,646/mo

    Est. payment

    What's special

    Presenting a rare opportunity to acquire an investment property on a very large lot in the city of Garden Grove. It is perfect for an investor looking to acquire a property to maximize its income potential or possible redevelopment. This 8-unit multifamily investment property is located in a diverse and rapidly developing community of Garden Grove in desirable metro Orange County. Situated on more than half acre lot, this 22,974 square foot property consists of 2 buildings (9801 & 9811 Russell) on the same parcel with an enclosed courtyard, 2 bedroom/1 bathroom floor plans, 8 assigned garage parking plus 8 exterior additional spaces, an on-site community coin-operated laundry room and generous sized storage rooms. Each unit is individually metered for gas and electric. Each unit has individual gas water heater. Well maintained and with countless improvements, this property commands pride of ownership. Long-term tenants and 100% occupied. With strong market trends and current rental demand, this property provides investors an opportunity to capitalize on the potential value appreciation. Don't miss out on a fantastic opportunity to own this unique property! Drive by ONLY, do NOT disturb occupants.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Laundry: Community
    Features
    • Flooring: Hardwood
    • Common walls with other units/homes: 2+ common walls, No one above, No one below
    Interior area
    • Total interior livable area: 5,460 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Levels: One
    Lot
    • Size: 0.53 Acres
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 09821105
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Garden Grove

    Other

    Other facts
    • CommunityFeatures: Sidewalks
    • PropertyType: Residential Income
    • SpecialListingConditions: Standard
    • CommonWalls: 2+ common walls, No one above, No one below
    • Levels: One
    • PreviousStandardStatus: Active Under Contract
    • ParkingFeatures: Assigned
    • LotFeatures: 6-10 Units/Acre
    • LaundryFeatures: Community
    • RoomType: Main Floor Bedroom, Living Room, Kitchen
    • MLSAreaMajor: S of GGrv, 65 - N of Blsa, E of Bch, W of Brookhrs
    • BuildingAreaUnits: Square Feet
    • ElevationUnits: Feet
    • LotSizeSource: Assessor
    • WaterSource: Public
    • Flooring: Wood
    • TaxTractNumber: na
    • Sewer: Public Sewer
    • StandardStatus: Pending
    • Heating: Wall Furnace
    • SeniorCommunityYN: 0
    • ParcelNumber: 09821105
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    Estimated market value
    $3,029,200