Triplex with Three
For Sale
Contact for pricing
9861 Acacia Avenue, Garden Grove, CA 92841
Three similarly configured units with private garage parking, patios or decks in select units, and on-site laundry.
Property Size2,905 SF
Lot Size0.17 Acres
Price / SF$456.11
Days on Market50
Property Features for 9861 Acacia Avenue
General Information
Standard status
Active
Size
2,905 SF
Total Parking Spaces
3
Lot size
0.17 Acres
Property subtype
Multifamily
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Building Details
Year Built
1961
Listing Agency:
Morgan Skenderian Investment Real Estate Group
Listed By:
Damien Breaux · License #01460301
(949) 584-0503
Source:
Crexi
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 5:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Morgan Skenderian Investment Real Estate Group
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Investment Insights
Based on property information with market context.
This triplex contains three residential units, each configured with two bedrooms and one bathroom. The property was built in 1961 and encompasses 2,905 square feet on a 7,199-square-foot lot. Parking is provided through three garages, while select units offer patio and deck areas. On-site laundry adds a practical shared amenity for the property’s residential configuration.
Located at 9861 Acacia Avenue in Garden Grove, California, the property offers a compact three-unit format with consistent unit layouts and dedicated garage parking.
Located at 9861 Acacia Avenue in Garden Grove, California, the property offers a compact three-unit format with consistent unit layouts and dedicated garage parking.
Key Highlights
- Three‑unit multifamily property in Garden Grove, CA
- 2,905 SF building on a 7,199 SF lot
- All units configured as 2BR/1BA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,569
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,380
$971.4K
Cap Rate 7%
$693,843
$693.8K
Cap Rate 9%
$539,656
$539.7K
Market Conditions
NOI Build-Up for 2,905 SF
Gross rent
$73.2K $25.20/SF
− Vacancy
−$3.8K −$1.32/SF
EGI
$69.4K $23.88/SF
− OpEx
−$20.8K −$7.17/SF
NOI
$48.6K $16.72/SF
Area
Garden Grove, CA
Vacancy
5.22%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,380
Cap Rate 7%
$693,843
Cap Rate 9%
$539,656
Alternative Uses
Best Use
Multifamily LT 5
$693.8K
$607.1K – $809.5K
NOI $48,569 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$621.2K
$543.6K – $724.7K
NOI $43,484 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$909.1K
$795.5K – $1.06M
NOI $63,640 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,782
Businesses Nearby
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Business Placement
Demographics for 92841, CA
34,376
Population
9,813
Households
3.5
Avg Household Size
39
Median Age
22%
College-Educated
75%
High-School Grad
4.6 sq mi
ZIP Area
7,473
Density / Sq Mi
$81,975
Median Household Income
$36,900
Median Earnings
$1,983
Median Rent
$766,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three similarly configured units with private garage parking, patios or decks in select units, and on-site laundry.
Where is this triplex located?
The property is located at 9861 Acacia Avenue Garden Grove, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Three‑unit multifamily property in Garden Grove, CA; 2,905 SF building on a 7,199 SF lot; All units configured as 2BR/1BA
