5842 Western Avenue, Buena Park, CA 90621

$2,780,000

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Sold Price
$2,780,000
List Price
$2,750,000
Closing Date
Aug 16, 2024
Status
CLOSED
MLS#
PW24015887
Year Built
1957
Lot Size
18,940
Acres
0.43
Lot Location
16-20 Units/Acre
Days on Market
156
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level
Neighborhood
, Other

Property Description

The Western Apartment Homes has an ideal unit mix of all single story two-bedroom units. Each unit has its own private yard, single car garage and washer dryer hook ups. All of the units have their own individual address. Most of the units have been renovated with new windows, quartz counter tops, and tile floors. Due to the unique features the apartment homes offer, the property has very stable occupancy with historical vacancy below 3%. The property is situated on a large 18,940 SF lot and has potential to add ADUs. The property has excellent assumable financing fixed at 3.35%.

Additional Information

Pool Description
None
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$212,100
Operating Expense
55006

Listing courtesy of Listing Agent: Grant Hahn (gmh@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by HONG WANG from Pinnacle Real Estate Group

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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.