9361 Cellini Ave

Garden Grove, CA 92841

$4,655,000
Price
3
Beds
15
Baths
9,521 Sq. Ft.
$489 / Sq. Ft.
9,521
Sq. Ft.
$489
per Sq. Ft.
Active Under Contract
Active Under Contract
a car parked in front of a house
a view of a cars parked in front of a house
a front view of a house with a yard and porch
a view of a city
a view of a house with a yard
a view of a house with swimming pool and a garden
a front view of a house with a yard
a view of a house with backyard and plants
a view of balcony
a living room with furniture flat screen tv and wooden floor
a kitchen with stainless steel appliances granite countertop a sink a stove and a refrigerator
a kitchen with wooden floors and a sink
a kitchen with sink a stove and cabinets
a kitchen with stainless steel appliances granite countertop a sink and cabinets
a bathroom with a sink vanity and a toilet
a view of a terrace
a front view of a house with a garage

Description

Nestled in a desirable quiet pocket of Garden Grove, 9361 Cellini Avenue presents a rare opportunity for investors. This well-maintained 15-unit apartment building, extensively renovated in 2025, features 14 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...Nestled in a desirable quiet pocket of Garden Grove, 9361 Cellini Avenue presents a rare opportunity for investors. This well-maintained 15-unit apartment building, extensively renovated in 2025, features 14 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.
  1. Listed by Randall Mycorn • DRE #02078223 • Brokerage DRE #00866406 • R L M Equities • 949-573-5309

Property Details for 9361 Cellini Avenue

Parking Spaces Total
15
Private Pool
No
Total Units
15.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
9521
Assessor Parcel Number
132-412-11
Property Attached YN
true
LISTING UPDATED: 12/03/2025 02:47 AM

Property Details for 9361 Cellini Avenue

StatusActive Under Contract
MLS #NP25233655
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1960
Lot Size0.40 AC / 17,258 SF
CountyOrange County

Location

Listing Courtesy of R L M Equities, Randall Mycorn, DRE #02078223
Add your commute

Building Information for 9361 Cellini Avenue

Stories2Residences-Year Built1960Building Size-Lot Size0.40 AC / 17,258 SF

Payment Calculator

$24,934 per month

30 year fixed, 6.28% Interest

Principal and Interest

$23,002

Property Taxes

$1,932

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9361 Cellini Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $12,324
  • Gross Scheduled Income: $358,408
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $347,655
  • Net Operating Income: $238,540
  • Laundry Income: $996
  • Other Income Description: RUBS Est.
  • Other Income 1: $11,328
  • Gross Multiplier: 12.0
  • Cap Rate: 5.1
Expense Details
  • Operating Expense: $109,115
  • New Taxes Expense: $58,682
  • Gardener Expense: $3,000
  • Fuel Expense: $3,504
  • Electric Expense: $720
  • Insurance Expense: $7,617
  • Maintenance Expense: $7,500
  • Professional Management Expense: $14,336
  • Trash Expense: $5,724
  • Water Sewer Expense: $6,240
  • Total Expenses: $109,115
Tax / Assessment Info
  • Tax Tract Number: 3262
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 15
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 15
  • Parking Garage Spaces: 15
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 14
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 14
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,882
  • Unit Type Total Rent: $26,345
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,495
  • Unit Type Total Rent: $2,495
  • Unit Type Pro Forma: 2495
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 2

Property History for 9361 Cellini Avenue

DateEvent & SourcePriceAppreciation
Nov 18, 2025

Accepting Backup Offers

CRMLS #NP25233655

—
Nov 18, 2025

Accepting Backup Offers

CLAW #NP25233655MR

—
Oct 6, 2025

Listed (Active)

CRMLS #NP25233655

$4,655,000—
Oct 5, 2025

Listed (Active)

CLAW #NP25233655MR

$4,655,000—
DateEvent & SourcePrice
11/18/2025

Accepting Backup Offers

CRMLS #NP25233655

—
11/18/2025

Accepting Backup Offers

CLAW #NP25233655MR

—
10/06/2025

Listed (Active)

CRMLS #NP25233655

$4,655,000
10/05/2025

Listed (Active)

CLAW #NP25233655MR

$4,655,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9361 Cellini Avenue

Taxable ValueLand$1,568,249Additions$231,751Total$1,800,000
Tax Record2025$23,188 ($1,932 / month)
Home Facts
Total Finished SqFt4,526 SqFtAbove Grade Finished SqFt4,526 SqFtStories2Lot Size8,036 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyORANGEAPN132-412-11

Schools near 9361 Cellini Avenue

This home is within Garden Grove Unified School District.
Rating
School
Type
Grades
Distance
Louis G. Zeyen Elementary School
Public - K to 6
Alamitos Intermediate School
Public - 7 to 8
Rancho Alamitos High School
Public - 9 to 12
Marie L. Hare High School
Public - 7 to 12
Rating
School
Distance
Louis G. Zeyen Elementary School
PublicK to 6

Alamitos Intermediate School
Public7 to 8

Rancho Alamitos High School
Public9 to 12

Marie L. Hare High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of R L M Equities, Randall Mycorn, DRE #02078223

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.