9821 Acacia Avenue, Garden Grove, CA 92841 (MLS# 219111666)

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

Overview

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 ...

Listing Details MLS# 219111666

General Property Information

Total Units
24
Approx SqFt
24768
SqFt Source
Assessor
Fireplace
No
Building # of Stories
2
Pool
Yes
Lot Size Source
Assessor
Year Built
1960
Cross Streets
Galway St & Brookhurst Way

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

Listing Location and Property Info

APN
13337219
Original List Price
10000000
Property Sub-Type
Apartment
Street #
9821
Street Name
Acacia
Street Suffix
Avenue
County
Orange
State
CA
Zip Code
92841
Area
N/A
Country
US

Listing Info

Number of Buildings
8
Inclusions
9821-9851 Acacia Ave
Water Heater
Yes
Laundry
Yes
Laundry Equipment
Lease
Elevator
No

Tax Info

Tax Mello Roos
Unknown
Annual Taxes
16528

Property Info

Senior Community
No
Gated Community
Yes
Type of Business
Apartments operate as Vinebrier Apartments

More Information

Status Change Info

Status Change Date
2024-10-29
Pending Date
2024-10-24
Closed Date
2024-10-28
Closed Price
9700000

Counts

# Electric Meters
24
# Gas Meter
24
# Water Meters
24

Parking SpacesInformation

Total Carport Spaces
Yes
Total Garage Spaces
Yes
Total Parking Spaces
4

Unit Information

Number of Units Leased
24

Documents

Listing Office: OZA Realty Inc.
Listing Agent: Jose Espinoza
Last Updated: November - 20 - 2024
Information deemed reliable but not guaranteed.
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