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$3,350,000
Est. payment /mo
6 Beds
3 Baths
0.43 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID OC26045092
Bedrooms 6
Lot Size 0.430 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
5791 Kingman Avenue is a 10-unit multifamily investment opportunity located in Buena Park, CA. The property consists of 10 2 Bed/1 Bath units, offering a highly desirable and functional unit mix that appeals to a broad tenant base including roommates, small families, and working professionals. The asset features gated access, an on-site laundry facility, 10 single-car garages, and 10 additional surface parking spaces, providing a total of 20 on-site spaces for residents. Current ownership has invested significant capital throughout the property totaling over $380,000. Select units have been renovated with updated kitchens and bathrooms, including new flooring, countertops, cabinets, appliances, lighting, tile backsplashes, modern tub surrounds, vanities, and fixtures. One unit is currently undergoing renovation, offering new ownership the opportunity to continue the interior upgrade program and capture additional rental upside. Upstairs units each feature a private balcony, while downstairs units offer spacious private yards, creating a desirable mix of private outdoor amenities. The combination of uniform 2 Bed/1 Bath units, in-place renovations, and remaining value-add potential positions the asset as an attractive investment opportunity in a well-established Buena Park neighborhood.
Location
State CA
County Orange
Zoning Assessor
Direction Cross Streets of Kingman Avenue & Artesia Boulevard
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 27710205
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Christian Tait, DRE#02111248 Marcus & Millichap RE Invest
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