7592 Artesia, Buena Park, CA 90621

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List Price
$2,999,000
Days on Market
36
Status
ACTIVE
MLS#
PW26182670
Bedrooms
12
Bathrooms
12
Lot Size(apprx.)
12,384
City
Buena Park
Neighborhood
Korea Town
Property Type
Multifamily

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. 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.

Additional Information

Cooling
Central Air
Lot Size
12,384
Neighborhood
Korea Town
Tenant Pays
Electricity, Gas/Propane

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kay Meewan Lee (714-616-0007) from Listing Office: Circa Properties, Inc..

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