5941 Kingman Ave - Apartments FOR SALE


Buena Park, CA 90621
$2,950,000 USD
714-713-9086
5941 Kingman Ave, Buena Park, CA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/15
null | 3.92% Cap Rate

5941 Kingman Ave
Buena Park, CA 90621


HIGHLIGHTS

  • Six two-bedroom units and two three-bedroom units cater to families and long-term renters, a highly desirable tenant demographic in Buena Park
  • A landscaped central courtyard, carport and surface parking, and convenient on-site laundry facilities enhance livability and rental demand
  • In close proximity to Knott’s Berry Farm, Buena Park Downtown, and The Source OC, enhancing tenant desirability and supporting premium rents
  • Access to diverse job markets in both Orange & Los Angeles Counties, with nearby education & healthcare institutions, retail, & hospitality

OVERVIEW

Marcus & Millichap’s The Leeson Group, as the exclusive listing agent, is proud to present the opportunity to acquire 5941 Kingman Avenue, an 8-unit multifamily investment property ideally situated in Buena Park, California. Constructed in 1966, the 8,721-square-foot property offers a compelling unit mix of six two-bedroom units and two three-bedroom units, each averaging more than 1,000 square feet. This desirable configuration caters to families and long-term renters, providing spacious floor plans rarely found in assets of this size. Residents enjoy a range of on-site amenities including covered and surface parking, two laundry facilities, and a landscaped central courtyard that enhances livability and community appeal. The property’s combination of larger unit layouts and attractive amenities creates strong tenant demand and long-term income stability. 5941 Kingman Avenue also benefits from a prime Buena Park location near key employment centers, shopping destinations, and entertainment. Tenants have convenient access to Knott’s Berry Farm, Buena Park Downtown Mall, The Source OC, Cypress College, and numerous neighborhood schools, along with excellent connectivity via the nearby Interstate 5 and State Route 91 freeways. This accessibility makes the property attractive to a wide renter base commuting throughout Orange and Los Angeles Counties. Offering a blend of large floorplans, stable tenant demand, and strategic location, 5941 Kingman Avenue represents a rare opportunity for investors to acquire a quality multifamily asset in one of North Orange County’s established rental markets. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$338 USD /SF

# OF UNITS

8

PRICE/UNIT

$368,750

CAP RATE

3.92%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,931 SF

ZONING

RM16, Buena Park

APN/PARCEL ID

277-102-15

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.