We are pleased to present the Alwood Garden Apartments, a well-maintained 16-unit apartment building consisting of two adjacent buildings with eight units each. The property boasts an open layout and is located in a great rental location near the 22 freeway. The current rents provide a 4.9% cap rate, with a 30% potential upside in rents. This presents a great opportunity for investors looking to increase their cash flow and equity. With the potential for higher rents and the property’s prime location, the Alwood Garden Apartments offer strong investment potential for savvy investors looking to add to their portfolio.
Sold for $4,650,000
Zillow last checked:
Listing updated:
Bought with:
James Wardlaw, DRE #02061381
Triqor Group
Source: CRMLS,MLS#: PW25015142
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 3/27/2025 | Sold | $4,650,000-3.1%$380/sqft |
Source:  CRMLS #PW25015142 Report a problem | ||
| 3/20/2025 | Contingent | $4,800,000$392/sqft |
Source: CRMLS #PW25015142 Report a problem | ||
| 1/22/2025 | Listed for sale | $4,800,000$392/sqft |
Source: CRMLS #PW25015142 Report a problem | ||
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Estimated market value
$4,679,600
