5842 Western Avenue Buena Park, CA ^$ 2,965,000

5842 Western Avenue

^$ 2,965,000

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5842 Western Avenue

Buena Park, CA, 90621

^$ 2,965,000

Bedrooms16 Baths1.0 Sq 5,616

Monthly Estimate*

^$ 20,711

Listed by Morgan Skenderian

5842 Western Avenue, Buena Park, CA 90621 - Image 1

5842 Western Avenue, Buena Park, CA 90621 - Image 2

5842 Western Avenue, Buena Park, CA 90621 - Image 3

5842 Western Avenue, Buena Park, CA 90621 - Image 4

5842 Western Avenue, Buena Park, CA 90621 - Image 5

5842 Western Avenue, Buena Park, CA 90621 - Image 6

5842 Western Avenue, Buena Park, CA 90621 - Image 7

5842 Western Avenue, Buena Park, CA 90621 - Image 8

5842 Western Avenue, Buena Park, CA 90621 - Image 9

5842 Western Avenue, Buena Park, CA 90621 - Image 10

Multi-Family Home for sale in Buena Park, CA

for $2,965,000 with 16 bedrooms and 1 full bath. This 5,616 square foot home was built in 1957 on a lot size of 0.4348.

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%.

Multi-Family Active

Price

^$ 2,965,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.4348

Year Built

1957

Town/City

Buena Park

County/Region

Orange

MLS | Web ID

PW24015887

Days on Market

104

Features

General

Sewer PublicSewer

Garage Spaces 8.0

Pool Features None

Year Built 1957

Stories 1

Levels One

Property SubType Apartment

Gross Income 212100.0

Community Features Park

County Orange

Net Operating Income 148407.0

Operating Expense 57330.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name other

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions north of Artesia

City Buena Park

Entry Location front

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area 82 - Buena Park

Lot Size Square Feet 18940.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Western

Listing Terms Cash CashtoExistingLoan CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 35

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 85

Property Sub Type Additional Apartment

Exterior

Lot Features Item1620UnitsAcre

Water Source Public

Total Parking 8.0

Lot Size Area 18940.0

Number of Buildings 4

Spa N

Building Area Total 5616.0

Lot Size Acres 0.4348

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 8

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features InGarage

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 5842

* Excluded Features

List By

Morgan Skenderian

Broker

(949) 251-8800

Phone

Affordability Calculator

$20,711

Per Month

Monthly Principal & Interest: $20,711
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Buena Park, CA

Average List Price ^$1,723,833

Percent of Sale Price 42%

About Buena Park, CA

82,656 Population

8% Since 2002

^$69,789 Median Income

36.74 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2024	$2,965,000	-5.87%	Price Down
1/26/2024	$3,150,000		Listed Price

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5842 Western Avenue, Buena Park, CA, 90621 is a Multi-Family Home for sale at $2,965,000 with 5,616 sqft and a lot size of 0.4348. 5842 Western Avenue has 16 bedrooms, 1.0 baths, and was built in 1957. The property's zip code is 90621 which is in Buena Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/8/2024. 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.

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5842 Western Avenue

Multi-Family Home for sale in Buena Park, CA

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