Nine-Unit Multifamily Apartment
8661 Trask Ave Garden Grove, CA 92844
8661 Trask Ave, Garden Grove, CA, 92844
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For Sale
Contact for pricing
Pending
Nine-unit multifamily property with townhome-style 2-bed units, private balconies/patios, and approximately 12 parking spots.
Days on Market103
Property Features for 8661 Trask Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Brian Ji
Listed by
Brian Ji · License #0144223
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 3:24AM Checked: Jul 22 at 11:02AM
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Investment Insights
Based on property information with market context.
This nine-unit multifamily apartment building includes two main buildings that were originally permitted as two separate 4-unit structures, plus one additional non-conforming building that has been in existence since 2007. The property sits on a large 17,010 SF lot and includes a unit mix of six 2-bedroom, 1.5-bath units; two 2-bedroom, 1-bath units; and one 1-bedroom, 1-bath non-conforming unit. The six 2-bedroom, 1.5-bath units are spread across two stories like townhomes, while two 2-bedroom, 1-bath units feature larger balcony and patio space on the second floor. Each unit includes a balcony or patio, with spacious outdoor areas throughout.
The building is in Garden Grove and is described as being close to schools and major retail such as Costco and markets. Parking is noted as approximately 12 spaces plus or minus 4.
The property was previously under non-rent control and is now under AB 1482, which is described as set to expire in 2030. The stated annual rental increase framework is 5% plus CPI, with a cap of 10%. Total building size is presented as approximately 8,892 SF including the non-conforming unit, and the buyer is directed to verify during due diligence. GRM and cap rate figures provided are based on market rent.
The building is in Garden Grove and is described as being close to schools and major retail such as Costco and markets. Parking is noted as approximately 12 spaces plus or minus 4.
The property was previously under non-rent control and is now under AB 1482, which is described as set to expire in 2030. The stated annual rental increase framework is 5% plus CPI, with a cap of 10%. Total building size is presented as approximately 8,892 SF including the non-conforming unit, and the buyer is directed to verify during due diligence. GRM and cap rate figures provided are based on market rent.
Key Highlights
- 9‑unit multifamily building in Garden Grove on a 17,010 SF lot
- Unit mix: 6 units with 2 bed/1.5 bath (townhome‑style 2 stories), 2 units with 2 bed/1 bath, and 1 unit with 1 bed/1 bath
- Each unit has outdoor space, with 1 balcony and 1 patio per unit
Property Analytics
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FAQs
What type of property is this?
Apartment building - Nine-unit multifamily property with townhome-style 2-bed units, private balconies/patios, and approximately 12 parking spots.
Where is this apartment building located?
The property is located at 8661 Trask Ave Garden Grove, CA.
What are key features of this property?
This property features: 9‑unit multifamily building in Garden Grove on a 17,010 SF lot; Unit mix: 6 units with 2 bed/1.5 bath (townhome‑style 2 stories), 2 units with 2 bed/1 bath, and 1 unit with 1 bed/1 bath; Each unit has outdoor space, with 1 balcony and 1 patio per unit
