9371 Cellini Ave Garden Grove, CA 92841
Estimated payment $15,606/month
About This Home
Nestled in a desirable quiet pocket of Garden Grove, 9371 Cellini Avenue presents a rare opportunity for investors. This well-maintained 8-unit apartment building, extensively renovated in 2025, features seven one-bedroom units and a single two-bedroom unit. All major building systems are in excellent condition, offering a turnkey investment. The property also features on-site garage parking and a vacant storage/laundry room, adding to its value. The property currently generates RUBS income across all leased units, and with a potential for a 10% increase in rents. This is an ideal addition to any investment portfolio, blending low maintenance operations with a strong income stream.
Listing Agent
R L M Equities Brokerage Phone: 949-573-5309 License #02078223 Listed on: 09/11/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 9,222 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 8 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 4,995 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 3262
- Assessor Parcel Number 13241212
Community Details
Overview
- 8 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Fuel Expense $1,752
- Insurance Expense $4,496
- Maintenance Expense $4,000
- Pest Control $1,488
- Trash Expense $2,862
- Water Sewer Expense $3,120
- New Taxes Expense $31,439
- Operating Expense $49,517
- Gross Income $4,752
- Net Operating Income $138,119
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $2,495,000 | -29.5% | $499 / Sq Ft | |
| 03/18/2025 03/18/25 | Sold | $3,540,000 | -8.1% | $354 / Sq Ft | View Prior Sale |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- | |
| 11/30/2024 11/30/24 | For Sale | $3,850,000 | 0.0% | $385 / Sq Ft | |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- | |
| 10/12/2024 10/12/24 | Price Changed | $3,850,000 | -10.5% | $385 / Sq Ft | |
| 08/09/2024 08/09/24 | For Sale | $4,300,000 | -- | $430 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25214849
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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