$2,300,000
$2,350,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 03/12/2021
Key Details
Sold Price $2,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC21001397
Sold Date 03/12/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1977
Lot Size 0.290 Acres
Property Description
This seven unit multifamily property is located in the City of Buena Park. This asset consists of six 2 bed / 2 bath apartment units and one 3 bed / 2 bath house. The complex is situated on an enclosed corner lot totaling 0.29 acres. The asset is comprised of two separate buildings with a nice interior courtyard in the middle and an on-site laundry room for the residents. All 7 unit interiors were recently renovated, 6 have new kitchens and baths, the single story house had the most extensive renovation. The 3 bedroom house renovations include new paint, floors, lighting, granite counter tops, stainless steel appliances, and bathroom vanities. Air conditioning has also been installed. Plenty of parking is available for residents and guests, including seven covered spaces, seven lot spaces, and street parking.
This property is in a good central Buena Park location right near major retail, educational, and employment opportunities. The property is conveniently located near the I-5 Freeway, which allow tenants to connect with the greater California region and beyond. The Source Shopping Center is also near by, less than one mile from the property. This offering provides an investor the opportunity to acquire a well maintained apartment community in a premier location within the city.
Location
State CA
County Orange
Area 82 - Buena Park
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Garage Carport, Uncovered
Carport Spaces 7
Fence Wrought Iron
Pool None
Community Features Biking, Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition,Shingle
Parking Type Carport, Uncovered
Total Parking Spaces 14
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 27620226
Energy Description 4320.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Daniel Owens • OC Investments & Management
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com