Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high

7531 Knott Avenue . Buena Park , CA 90620

For sale 24 Unit Apartment Building Offered at $7,500,000 at a 4.2% Cap Rate, in Buena Park, CA.For more information please contact the listing agent, Tyler Leeson 949-258-4539

Posted: 05/08/2020 12:46 pm | On HOMEiZ: 1457 days | Updated: 3 years ago | Views: 785

Location Map

Property Type

Sold

Property Price

$7350000
$7350000
05/08/2020
38,951.00 Sq. Ft.
$354
20784
Contact listing agent%
4.20%
$0
$308700
14.76
$0
0.755%
$55493

Property Location & Description

For sale 24 Unit Apartment Building Offered at $7,500,000 at a 4.2% Cap Rate, in Buena Park, CA.For more information please contact the listing agent, Tyler Leeson 949-258-4539
Rent Control
A 24-unit multifamily investment property located in Buena Park, one of the strongest rental markets in Southern California. Situated on a 0.89-acre lot, the 20,784 square foot property consists of one- and two-bedroom floor plans, each with a den, and offers amenities including security doors, patios, balconies, fireplaces, carport and open parking, and on-site laundry.
The property’s fantastic location, Casa Andini is well suited to provide investors with strong returns and value appreciation over the long term investment horizon.In addition, Casa Andini's strategic location, in close proximity to Interstate 5 and State Route 91, provides residents with convenient access to employment hubs in nearby cities.
24
$306250
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
1+1 
2 
690 
$1425
2.
2+2 
22 
882 
$1763
3.
 
 
 
4.
 
 
 
5.
 
 
 
100%
Wood & Stucco
2
1973
Very good
One- and Two-Bedroom Floor Plans, Each with a Den
Less than One Mile from Buena Park Downtown and The Source OC and Minutes Away from Knott's Berry Farm
Offers Amenities Including Security Doors, Patios, Balconies, Fireplaces, Carport and Open Parking, and On-Site Laundry

Property Information

Sewer

Sewer System (Public)

Parking

Off-street
On-street
Assigned Parking

Investment Overview

Investor

Energy Efficiency

No
No Data
N/A
N/A
No
No
No
No

Neighborhood lifestyle

Urban Core

More information

OC20021684

Listing Info

Listing ID: 2281
Sold

For Sale

$7,350,000

Listing Presented by

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