5882 Western Avenue, Buena Park, CA 90621
  • MLS#: NP25088945 ( Apartment )
  • Street Address: 5882 Western Avenue
  • Viewed: 5
  • Price: $3,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 0
  • Days On Market: 26
  • Additional Information
  • County: ORANGE
  • City: Buena Park
  • Zipcode: 90621
  • Subdivision: Other (othr)
  • Provided by: Investment Capital Real Estate
  • Contact: Ignacio Ignacio
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    5882 Western Avenue is a desirable investment property consisting of nine 2 bedroom 2 bathroom apartment homes with spacious living interiors averaging roughly 1,000 square feet each. The size of the floor plans with the additional second bathroom, attract tenants, produce solid rents and encourages longer term occupancy. Built in 1985 on an oversized, 18,956 square foot parcel of land, the property consists of two buildings set back from the street. The large lot and design layout provide a low density, quiet residential living environment with excellent parking, (9) garages and (9) open spaces (2 to 1 Parking Ratio). There are 8 storage rooms on site for additional rental income or for a potential ADU conversion. Well located in northwest Orange County, near the cross streets of Beach Blvd and Artesia Blvd, the property is roughly 21 miles southeast of Los Angeles, with easy access to both the 91 and 5 freeways. The strong local economy includes the Entertainment Corridor, which contains a variety of well known attractions, including Knotts Berry Farm, Medieval Times Dinner, several hotels, and other secured development plans for several more exciting entertainment and lodging venues.
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Features
Building Area Total
  1. 9196.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 15
Electric Expense
  1. 2698.00
Fuel Expense
  1. 8366.00
Garage Spaces
  1. 9.00
Gardner Expense
  1. 3000.00
Insurance Expense
  1. 4050.00
Laundry Features
  1. Community
Laundry Income
  1. 1150.00
Lot Features
  1. Lot 10000-19999 Sqft
  2. Rectangular Lot
Netoperatingincome
  1. 171861.00
Parcel Number
  1. 27710225
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436982240:CRM
Subdivision Name Other
  1. Buena Park
Totalexpenses
  1. 72109.00
Trash Expense
  1. 6436.00
Uncovered Spaces
  1. 9.00
Water Sewer Expense
  1. 5275.00
Water Source
  1. Public
Year Built
  1. 1985
Year Built Source
  1. Public Records