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9371 Cellini Avenue, Garden Grove, CA 92841

$3,540,000
Property Type: Residential Income Bedrooms: 16 Baths: 15 Square Footage: 10,000 Status: Closed
Current Price: $3,540,000 List Date: 11/30/2024 Last Modified: 3/19/2025

Description

Presenting an exceptional investment opportunity in the heart of Garden Grove! This pride of ownership property consists of two buildings located at 9371 and 9361 Cellini Ave., comprising 15 well-maintained units. The complex includes 14 one-bedroom, one-bath units and one spacious two-bedroom, one-bath unit, spread across a generous 18,000+ square-foot lot with over 10,000 square feet of interior space, constructed in 1960. This two-story gated community features a private pool and beautifully landscaped common areas, offering a serene living environment with an onsite property manager. Additional amenities include private garage parking, ample additional parking at the front and rear, controlled access entry, on-site laundry rooms, and spacious private balconies and patios for each unit. Situated in a highly desirable central Orange County location, this property offers both stability and potential for income growth. Don't miss out on this outstanding opportunity—contact us today for further information on this prime investment.

More Information MLS# 219115213

Listing, Location and Property Info

Entry Date: 2024-08-09 Land Type: Fee

General Property Information

Total Units: 15 SqFt Source: Other Fireplace: No Building # of Stories: 2 Pool: Yes Total Bedrooms: 16 Full Baths: 15 Total Baths: 15 Approx SqFt: 10000 Lot Size: 18000 Lot Size Source: Other Year Built: 1960 Cross Streets: GILBERT ST

Listing Info

Number of Buildings: 2 Water Heater: Yes Laundry: Yes Laundry Equipment: Own Elevator: No

Tax Info

Tax Mello Roos: Unknown

Property Info

View: Yes Senior Community: No Gated Community: Yes Type of Business: Apartment Complex - Residential Income

Counts

# Electric Meters: 17 # Gas Meter: 17 # Water Meters: 16

Income & Expenses

Actual Total Rent $: 20500 Annual Gross Rent $: 246000

Owner Pays

Gardener: 1 Pool Service: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Gas: 1 Move In Fee: 1 Move Out Fee: 1 Water: 1 Air Cond/Heat Main: 1

Community Features

Community Mailbox: 1 Sidewalks: 1

Fencing

Fenced: 1

Sale Type

Standard: 1

Road Surface Type

Alley Paved: 1 Paved: 1

Listing Terms

Cash: 1 Cash to New Loan: 1 Conventional: 1

Possession

Close Of Escrow: 1

Parking Spaces/Information

Total Covered Spaces: 15 Total Uncovered/Assigned Spaces: 15

Lot Description

Front Yard: 1 Landscaped: 1 Street Public: 1 Yard: 1

Lot Location

Park Nearby: 1

View Type

Peek-A-Boo: 1 Pool: 1

Other Structural Features

Balcony: 1

Irrigation

Sprinkler System: 1

Disclosures

Property As Is: 1

Levels

Multi/Split: 1

Entry Location

Ground Level - No Steps: 1 Ground Level w/Steps: 1

Unit Location

Split Level: 1

Built-In BBQ

Propane: 1

Foundation

Slab: 1

Flooring

Carpet: 1 Mixed: 1

Cooling Type

Air Conditioning: 1 Ceiling Fan(s): 1

Pool Location

Community: 1

Pool Accessories

Safety Fence: 1

Pool Construction

Gunite: 1 In Ground: 1

Pool Description

Community: 1

Heating

Forced Air: 1

Heating Fuel

Natural Gas: 1

Rooms

Other: 1

Laundry

Community: 1 Individual Room: 1

Security Safety

24 Hour Security: 1 Card/Code Access: 1 Community: 1 Gated Community: 1

Roofing

Shingle: 1

Patio Features

Balcony: 1

Sewer

In, Connected and Paid: 1

Water Heater Feature

Gas: 1

Parking

Assigned: 1 Covered: 1 Direct Entrance: 1 Garage Door Opener: 1 On Street: 1

Contingent Upon

Inspection: 1 Loan Approval: 1

Unit Information

Number of Units Leased: 15

Land Lease Type

Fee Simple: 1

Listing Location and Property Info

APN: 13241212 Status: Closed Listing Date: 2024-08-09 Original List Price: 4300000 Sold Price: $3,540,000 Current Price: $3,540,000 Property Sub-Type: Apartment Street #: 9371 Street Name: Cellini Street Suffix: Avenue County: Orange State: CA Zip Code: 92841 Area: 62 - Garden Grove N of Chapman, W of Euclid Country: US

Status Change Info

Status Change Date: 2025-03-19 Pending Date: 2025-02-24 Closed Date: 2025-03-18 Closed Price: 3540000

Parking SpacesInformation

Total Carport Spaces: 15 Total Garage Spaces: 15 Total Parking Spaces: 60

Property Features

Owner Pays: Gardener; Pool Service Tenant Pays: Air Cond/Heat Main; Cable TV; Electricity; Gas; Move In Fee; Move Out Fee; Water Sale Type: Standard Listing Terms: Cash; Cash to New Loan; Conventional Possession: Close Of Escrow Lot Description: Front Yard; Landscaped; Street Public; Yard Lot Location: Park Nearby View Type: Peek-A-Boo; Pool Other Structural Features: Balcony Irrigation: Sprinkler System Disclosures: Property As Is Community Features: Community Mailbox; Sidewalks Levels: Multi/Split Entry Location: Ground Level - No Steps; Ground Level w/Steps Unit Location: Split Level Built-In BBQ: Propane Fencing: Fenced Foundation: Slab Flooring: Carpet; Mixed Cooling Type: Air Conditioning; Ceiling Fan(s) Pool Location: Community Pool Accessories: Safety Fence Pool Construction: Gunite; In Ground Pool Description: Community Heating: Forced Air Heating Fuel: Natural Gas Rooms: Other Laundry: Community; Individual Room Security Safety: 24 Hour Security; Card/Code Access; Community; Gated Community Roofing: Shingle Patio Features: Balcony Sewer: In, Connected and Paid Water Heater Feature: Gas Parking: Assigned; Covered; Direct Entrance; Garage Door Opener; On Street Road Surface Type: Alley Paved; Paved Contingent Upon: Inspection; Loan Approval Land Lease Type: Fee Simple
Listing Office: OZA Realty Inc.
Listing Agent: Jose Espinoza
Last Updated: March - 19 - 2025
Information deemed reliable but not guaranteed.

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