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7722 Chapman Ave
Garden Grove, CA 92841
Chapman Villa Apartments · Multifamily Property For Sale · 24 Units

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.18 AC
Building Size 4,872 SF
No. Stories 2
Year Built 1960
Parking Ratio 0.88/1,000 SF
Zoning R

Amenities

Unit Amenities

  • Disposal
  • Storage Space
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Family Room
  • Linen Closet
  • Vinyl Flooring

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Grill
  • Gas Range

About 7722 CHAPMAN AVE , GARDEN GROVE, CA 92841

NAI Capital Inc., as the exclusive listing agent, is pleased to offer 7692-7732 Chapman Ave with 24 apartment homes for sale. Cala Grasio Apartments offer a rare opportunity to own four, six unit parcels in the dynamic city of Garden grove. This unique property consists of (23) 2 bed- 1 bath units (95%), and (1) 1 bed- 1 bath. The apartments also offer (18) garage parking spots with storage inside, (8) assigned parking spots, 2 laundry facilities ($8K+ net annual income), an on site office and multiple storage rooms for building supplies. This property is very desirable for renters with families who can walk their children to Wakeham Elementery School right next door. Cala Grasio Apartments has a garden grove public transportation stop directly in front of property as well as multiple shops and restaurants withing walking distance and near Beach Blvd. Cala Grasio Apartments has a strong rental market with annual rent increases and no rent control which makes Cala Grasio a rare investment opportunity.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 23 $1,688 810
1+1 1 $1,420 700

Property Taxes

Property Taxes

Parcel Number
131-381-02
Land Assessment
$1,990,090
Improvements Assessment
$185,386
Total Assessment
$2,175,476
  • Listing ID: 15189094

  • Date on Market: 2/15/2019

  • Last Updated:

  • Address: 7722 Chapman Ave, Garden Grove, CA 92841

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