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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

Overview

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 f ... (Read more)

Listing Details MLS# 219115213

General Property Information

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

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 Location and Property Info

APN: 13241212
Original List Price: 4300000
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

Listing Info

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

Tax Info

Tax Mello Roos: Unknown

Property Info

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

More Information

Status Change Info

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

Counts

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

Parking SpacesInformation

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

Unit Information

Number of Units Leased: 15

Listing, Location and Property Info

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

Income & Expenses

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

Owner Pays

Gardener: Yes
Pool Service: Yes

Tenant Pays

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

Community Features

Community Mailbox: Yes
Sidewalks: Yes

Fencing

Fenced: Yes

Sale Type

Standard: Yes

Road Surface Type

Alley Paved: Yes
Paved: Yes

Listing Terms

Cash: Yes
Cash to New Loan: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Parking Spaces/Information

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

Lot Description

Front Yard: Yes
Landscaped: Yes
Street Public: Yes
Yard: Yes

Lot Location

Park Nearby: Yes

View Type

Peek-A-Boo: Yes
Pool: Yes

Other Structural Features

Balcony: Yes

Irrigation

Sprinkler System: Yes

Disclosures

Property As Is: Yes

Levels

Multi/Split: Yes

Entry Location

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

Unit Location

Split Level: Yes

Built-In BBQ

Propane: Yes

Foundation

Slab: Yes

Flooring

Carpet: Yes
Mixed: Yes

Cooling Type

Air Conditioning: Yes
Ceiling Fan(s): Yes

Pool Location

Community: Yes

Pool Accessories

Safety Fence: Yes

Pool Construction

Gunite: Yes
In Ground: Yes

Pool Description

Community: Yes

Heating

Forced Air: Yes

Heating Fuel

Natural Gas: Yes

Rooms

Other: Yes

Laundry

Community: Yes
Individual Room: Yes

Security Safety

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

Roofing

Shingle: Yes

Patio Features

Balcony: Yes

Sewer

In, Connected and Paid: Yes

Water Heater Feature

Gas: Yes

Parking

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

Contingent Upon

Inspection: Yes
Loan Approval: Yes

Land Lease Type

Fee Simple: Yes

Documents

RENT ROLL & UNIT MIX ›

Operating History ›

Listing Office: OZA Realty Inc.

Listing Agent: Jose Espinoza

Last Updated: March - 19 - 2025

Information deemed reliable but not guaranteed.

760.799.7770