5952 Kingman Avenue, Buena Park, CA 90621

$1,500,000
Sold Price
$1,500,000
List Price
$1,450,000
Closing Date
Jul 27, 2021
Status
CLOSED
MLS#
OC21097941
Year Built
1982
Lot Size
9,583
Acres
0.22
Lot Location
2-5 Units/Acre, Lawn
Days on Market
8
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Other (Othr)

Property Description

This is a 4 unit property located in Buena Park north of the 91 & 5 freeway. This investment offers an owner occupier or investor a chance to acquire a solid rental property in a strong developing rental market. The property is comprised of 3,600 SF with a (2) 2 bed /1.5 bath two story units that is perfect for an owner/occupier. There are (2) additional 1 bed /1.5 bath townhouse style units, all remodeled, with central air/heat, private yard, laundry hookup, and detached two car garages for additional storage, parking, or ADU potential. All the units are rented, in good condition, and there is opportunity for a new investor to achieve market rents. Built 1982 and sits on a total lot size of 9,163 SF for future development potential. Good Location in Buena Park in Orange County near Fullerton, Anaheim, Knott’s Berry Farm, Disneyland Park, Cerritos, Freeways, Restaurants & Shops.

Additional Information

Appliances
Gas Range, Microwave, Water Heater, Washer
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$84,600
Operating Expense
30445

Listing courtesy of Listing Agent: Brian Noh (brian@nohco.com) from Listing Office: Nohco Real Estate.

Listing sold by Andrew Park from Marcus & Millichap

Mortgage Calculator

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Calculator source: Real Geeks

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.