Presenting a rare opportunity to acquire an investment property on a very large lot in the city of Garden Grove. It is perfect for an investor looking to acquire a property to maximize its income potential or possible redevelopment. This 8-unit multifamily investment property is located in a diverse and rapidly developing community of Garden Grove in desirable metro Orange County. Situated on more than half acre lot, this 22,974 square foot property consists of 2 buildings (9801 & 9811 Russell) on the same parcel with an enclosed courtyard, 2 bedroom/1 bathroom floor plans, 8 assigned garage parking plus 8 exterior additional spaces, an on-site community coin-operated laundry room and generous sized storage rooms. Each unit is individually metered for gas and electric. Each unit has individual gas water heater. Well maintained and with countless improvements, this property commands pride of ownership. Long-term tenants and 100% occupied. With strong market trends and current rental demand, this property provides investors an opportunity to capitalize on the potential value appreciation. Don't miss out on a fantastic opportunity to own this unique property! Drive by ONLY, do NOT disturb occupants.
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