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Welcome to The Alpine Garden Apartments, a 12-unit apartment investment opportunity located in the in-demand rental market of Garden Grove. Comprised of 100% 2-bedroom units, The Alpine Garden Apartments offers a majority of highly-desirable single-story units. The Alpine Garden Apartments are well maintained and have recently been upgraded with new windows. This investment opportunity is located within an "Opportunity Zone" offering a new Buyer special tax programs and benefits of being in a gentrifying location. The Alpine Apartments offers an investor an estimated 4% cash on cash return on current rents with a projected 24% of rental upside. Through interior upgrades, the new Buyer can realize a substantial increase in cash flow estimated to be upwards of 7%, an impressive return for a highly desirable apartment community. *"Opportunity Zone" Investment, *All 2-Bedroom Units, *Majority Single Story Units, *Garages, Individual Water Heaters, New Windows, *Fixed Rate Financing at 4% Available, *Projected 24% Upside in Rents
Listing agent: Rick Applebaum DRE #01273871 rma@morganskenderian.com, Listing office: Morgan Skenderian
MLS data updated 11/1/2026, 9:01:43 PM PT
Source: CRMLS, MLS #: PW19163056
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 24, 2019
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92841 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.