9821 Acacia Avenue, Garden Grove, CA 92841
$9,700,000
Property Type:
Residential Income
Square Footage:
24,768
Status:
Closed
Current Price:
$9,700,000
List Date:
5/17/2024
Last Modified:
11/20/2024
Description
Exceptional Investment Opportunity in Garden Grove. Presenting an extremely rare chance to acquire a premier 24-unit, All 2bdr/2bth Cottages, multifamily property, Vinebrier Apartments, located at 9821 through 9851 Acacia Avenue in Garden Grove. This pride-of-ownership investment includes eight buildings on a sprawling 81,457 square feet of land, with a total building area of 24,768 square feet. Constructed in 1960, this complex offers 24 well-maintained units. The property features frame and stucco construction with a decorative brick façade, exuding a timeless appeal. Residents will enjoy the beautiful gated pool and meticulously landscaped common areas. Each unit is provided with a private garage, supplemented by additional surface parking at the rear of the complex. Vinebrier Apartments are situated in a residential community, just one block south of the major commercial thoroughfare, Garden Grove Boulevard. The property boasts attractive amenities, including controlled access for both parking and pedestrian entry, on-site laundry rooms, and spacious private balconies and patios. This highly desirable central Orange County location offers an exceptional investment opportunity. For further information, please call.
More Information MLS# 219111666
Listing, Location and Property Info
Entry Date: 2024-05-17
Land Type: Fee
General Property Information
Total Units: 24
SqFt Source: Assessor
Fireplace: No
Building # of Stories: 2
Pool: Yes
Approx SqFt: 24768
Lot Size: 81457
Lot Size Source: Assessor
Year Built: 1960
Cross Streets: Galway St & Brookhurst Way
Listing Info
Number of Buildings: 8
Water Heater: Yes
Laundry: Yes
Laundry Equipment: Lease
Elevator: No
Inclusions: 9821-9851 Acacia Ave
Tax Info
Tax Mello Roos: Unknown
Annual Taxes: 16528
Property Info
View: Yes
Senior Community: No
Gated Community: Yes
Type of Business: Apartments operate as Vinebrier Apartments
Counts
# Electric Meters: 24
# Gas Meter: 24
# Water Meters: 24
Income & Expenses
Actual Total Rent $: 555720
Owner Pays
Parking Fee: 0
Community Features
Community Mailbox: 1
Sale Type
Standard: 1
Road Surface Type
Paved: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Conventional: 1
Possession
Close Of Escrow: 1
Parking Spaces/Information
RV: Yes
Total Covered Spaces: 1
Total Uncovered/Assigned Spaces: 1
RV Parking Dimensions: large
Lot Description
Landscaped: 1
Lawn: 1
Lot Location
Greenbelt: 1
View Type
Peek-A-Boo: 1
Pool: 1
Other Structural Features
Balcony: 1
Premium Lot: 1
Disclosures
Property As Is: 1
Building Style
Cottage: 1
Levels
Two: 1
Entry Location
Ground Level - No Steps: 1
Ground Level w/Steps: 1
Exterior Construction
Brick: 1
Stucco: 1
Foundation
Slab: 1
Flooring
Other: 1
Cooling Type
Zoned: 1
Other: 1
Pool Location
Community: 1
Pool Accessories
Safety Gate: 1
Pool Construction
In Ground: 1
Pool Description
Community: 1
Heating
Zoned: 1
Other: 1
Rooms
Other: 1
Laundry
Community: 1
Security Safety
Community: 1
Roofing
Shingle: 1
Sewer
In, Connected and Paid: 1
Parking
Assigned: 1
Community Structure: 1
Contingent Upon
Loan Approval: 1
Unit Information
Number of Units Leased: 24
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 13337219
Status: Closed
Listing Date: 2024-05-17
Original List Price: 10000000
Sold Price: $9,700,000
Current Price: $9,700,000
Property Sub-Type: Apartment
Street #: 9821
Street Name: Acacia
Street Suffix: Avenue
County: Orange
State: CA
Zip Code: 92841
Area: N/A
Country: US
Status Change Info
Status Change Date: 2024-10-29
Pending Date: 2024-10-24
Closed Date: 2024-10-28
Closed Price: 9700000
Parking SpacesInformation
Total Carport Spaces: 1
Total Garage Spaces: 1
Total Parking Spaces: 4
Property Features
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan; Conventional
Possession: Close Of Escrow
Lot Description: Landscaped; Lawn
Lot Location: Greenbelt
View Type: Peek-A-Boo; Pool
Other Structural Features: Balcony; Premium Lot
Disclosures: Property As Is
Community Features: Community Mailbox
Building Style: Cottage
Levels: Two
Entry Location: Ground Level - No Steps; Ground Level w/Steps
Exterior Construction: Brick; Stucco
Foundation: Slab
Flooring: Other
Cooling Type: Zoned; Other
Pool Location: Community
Pool Accessories: Safety Gate
Pool Construction: In Ground
Pool Description: Community
Heating: Zoned; Other
Rooms: Other
Laundry: Community
Security Safety: Community
Roofing: Shingle
Sewer: In, Connected and Paid
Parking: Assigned; Community Structure
Road Surface Type: Paved
Contingent Upon: Loan Approval
Land Lease Type: Fee Simple
Documents
Listing Office:
OZA Realty Inc.
Listing Agent:
Jose Espinoza
Last Updated: November - 20 - 2024
Information deemed reliable but not guaranteed.
2 YR PROFORMA ›