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7531 Knott Avenue Buena Park, CA $ 7,880,000
7531 Knott Avenue
$ 7,880,000
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7531 Knott Avenue

Buena Park, CA, 90620
$ 7,880,000
Baths1.0 Sq 20,784

Monthly Estimate*

$ 49,161

Listed by Marcus & Millichap RE Invest
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Studio

Multi-Family Home for sale in Buena Park, CA

for $7,880,000 with 1 full bath. This 20,784 square foot home was built in 1973 on a lot size of 0.89.

Casa Andini is a 24-unit multifamily investment property located at 7531 Knott Avenue in Buena Park, CA. Situated on a 0.89-acre lot, Casa Andini offers 2, one-bedroom units and 22, two-bedroom units, each with a den. Residents enjoy the property’s amenities including surface, tuck-under, and carport parking, gated access, private patios or balconies, and on-site laundry. Additionally, Casa Andini represents a unique value-add opportunity with substantial potential upside through the completion of a comprehensive renovation program. Casa Andini benefits from its fantastic Buena Park location, providing residents with convenient access to major employers, retail centers, entertainment destinations, and freeways. The property is located less than 1.5 miles from The Source OC, Buena Park Downtown, & Knott’s Berry Farm, three of the cities premier destinations as well as major employment hubs. Additionally, Casa Andini is within 0.5 miles of Yamaha Corporation of America’s headquarters, a premier employer in the city as well as the site of a major redevelopment project. Furthermore, Casa Andini’s location provides easy access to surrounding cities via Beach Boulevard, State Route 91, and Interstate 5. Given the property’s fantastic unit mix and attractive amenities as well as its unmatched location, Casa Andini is well suited to provide investors with strong returns over the long-term investment horizon.

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Multi-Family Pending

Price

$ 7,880,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.89

Year Built

1973

Town/City

Buena Park

County/Region

Orange

MLS | Web ID

OC25146098

Days on Market

170

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1973
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 680307
Community Features Curbs Gutter(s) Sidewalks
County Orange
Net Operating Income 415417
Operating Expense 245816
Insurance Expense 24000
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 19200
Subdivision Name Other
Garage Y/N 0
Special Listing Conditions Standard
Status Pending
Directions Cross Streets of Knott Avenue & Houston Street
City Buena Park
Entry Location First level
Senior Community Y/N 0
Open Parking Spaces 18
Number Of Units Total 24
MLS Area 82 - Buena Park
Lot Size Units Acres
Lot Size Square Feet 38768.4
Carport Spaces 24
Carport Y/N 1
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 9500
Fuel Expense 9500
Trash Expense 9500
Water Sewer Expense 9503
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 85
Property Sub Type Additional Apartment
Taxes 89304
Cap Rate 5.27
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 42
Lot Size Area 0.89
Number of Buildings 4
Building Area Total 20784
Lot Size Acres 0.89
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 24
Number of Separate Electric Meters 24
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

tleeson@marcusmillichap.com

Email

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$49,161
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Monthly Principal & Interest
$49,161
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Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$7,880,000 Listed Price

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7531 Knott Avenue, Buena Park, CA, 90620 is a Multi-Family Home for sale at $7,880,000 with 20,784 sqft and a lot size of 0.89. 7531 Knott Avenue is a studio with 1.0 baths and was built in 1973. The property's zip code is 90620 which is in Buena Park, CA