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9551-9561 Maureen Dr
Garden Grove, CA 92841 Garden Grove

$5,150,000 USD

Apartments For Sale  •  13,520 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,520 SF
  • Lot Size 0.5 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 5.01 %
  • Zoning R3, Garden Grove
30 Transit Score
60 Walk Score

Highlights

16-unit Garden Grove apartment community featuring 100% two-bed/one-bath units
Two-building layout with a spacious central courtyard and on-site laundry
16 garage spaces and 2 surface spaces providing functional resident parking
Recent improvements include SB-721 completion, roof replacement, decking replacement, electrical upgrades, and select interior upgrades
SB-721 completed in October 2025
Value-add opportunity through future interior renovations, common-area enhancements, and operational efficiencies

Financial Summary (Actual)

Net Operating Income: $258,111 USD (2026)
Cap Rate: 5.01 %
Total Expenses: $156,088 USD

Amenities

  • Courtyard
  • Laundry Facilities
  • Heating
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Anaheim (Pacific Surfliner - Amtrak) 9 min - 5.4 mi
Anaheim-Artic Metrolink Station (Metrolink Orange County Line - Metrolink Trains) 9 min - 5.5 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 20 min - 12.8 mi
John Wayne/Orange County 20 min - 15.2 mi
Los Angeles International 44 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap