Buena Park, CA90621
| 9196 sqft | MLS# NP25088945
Tract: Buena Park
For Sale $3,300,000
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 Knottās Berry Farm, Medieval Times Dinner, several hotels, and other secured development plans for several more exciting entertainment and lodging venues.
Facts
| Built in 1985 | Lot Size: 17903.00 sqft | HOA Dues: $0/month
Features
Listing provided by Ignacio Diaz Jr., Investment Capital Real Estate
Based on information from California Regional Multiple Listing Service, Inc. as of April 23, 2025. 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.