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
Documents
Listing Office:
OZA Realty Inc.
Listing Agent:
Jose Espinoza
Last Updated: March - 19 - 2025
Information deemed reliable but not guaranteed.
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