7592 Artesia, Buena Park, CA 90621

$2,999,000

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List Price
$2,999,000
Status
ACTIVE
MLS#
PW26182670
Year Built
2010
Lot Size
12,384
Acres
0.28
Lot Location
0-1 Unit/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Buena Park Estates 1 (Bpe1)

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 Knott’s 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.

Additional Information

Taxes
$30,663
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Up
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$182,400
Operating Expense
46775

Listing courtesy of Listing Agent: Kay Meewan Lee (realtorkaylee@gmail.com) from Listing Office: Circa Properties, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.