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$ 2,999,000
Est. payment | /mo
12 Beds
12 Baths
0.28 Acres Lot
$ 2,999,000
Est. payment | /mo
12 Beds
12 Baths
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Buena Park Estates 1 (Bpe1)
MLS Listing ID PW26182670
Bedrooms 12
Lot Size 0.284 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional fully remodeled 4-unit investment opportunity in the heart of Buena Park. This 2010-built 4plex has been completely modernized by the current owner and now presents as two standalone 3-bedroom duplexes, each with private attached garages. Total living area approximately 6,420 sq ft. Each unit features a contemporary open layout, high-end finishes throughout (engineered flooring, stone countertops, updated lighting, and wood shutters), spacious primary suites with large bathrooms and walk-in closets, in-unit laundry capability, and its own private backyard. Garage parking for every unit plus onsite guest parking further elevates desirability and supports premium rents. Prime central Buena Park location with easy access to the 5 & 91 freeways, major shopping, and Knotts Berry Farm. Strong demand for quality 3-bedroom rentals in this Koreatown corridor allows proforma rents at the top end of the current market range ($3,800$4,200+ per unit). The combination of modern condition, private garages, guest parking, and location supports an attractive cap rate on stabilized proforma income. A rare turnkey small multifamily asset that is ready for an investor seeking both current cash flow and long-term upside.
Location
State CA
County Orange
Zoning Assessor
Direction From Beach Blvd, head West in Artesia to Western. Southeast cornerof Western and Artesia.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 27707130
Listed by Kay Meewan Lee, DRE#01399595 Circa Properties, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "