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7531 Knott Ave
Buena Park, CA 90620

$9,500,000 USD

Apartments For Sale • 20,784 SF

Property Details

Property Type Apartments
Total Building Size 20,784 SF
Lot Size 0.89 AC
Building Class C
Year Built 1973
Cap Rate 4.17 %
Zoning RM-20, Buena Park

38 Transit Score

65 Walk Score

                
                    Highlights
                
                                Attractive Unit Mix: 90+ Percent Two-Bedroom Floor Plans | All Units Feature a Den, a Highly Desirable Amenity for Renters
                            
                                Value-Add Opportunity: Substantial Rental Upside Achievable Through Unit Renovations
                            
                                Attractive Amenity Package Including Patios, Balconies, Surface & Carport Parking, & an On-Site Laundry Facility
                            
                                Premier Buena Park Location Near Knott’s Berry Farm
                            
                                In Close Proximity to Buena Park’s Largest Employers
                            
                                Convenient Access to State Route 91, Interstate 5, & Beach Boulevard

Financial Summary (Actual)

Net Operating Income: $396,333 USD (2023)

Cap Rate:	4.17 %
Total Expenses:	$249,048 USD

Amenities

Balcony
Laundry Facilities
Gated
Den
Patio

Public Transportation

Commuter Rail	Drive	Walk	Distance
Buena Park (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	6 min	-	3.2 mi
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	6.9 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	20 min	-	12.0 mi
John Wayne/Orange County	24 min	-	19.3 mi
Los Angeles International	36 min	-	28.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	18
Type:	Surface
Included in Rent:	Yes

Tyler Leeson 714-713-9086 Marcus & Millichap

7531 Knott Ave Buena Park, CA 90620