6411 Western Ave - Apartments FOR SALE


Buena Park, CA 90621
$3,200,000 USD
657-325-8958
6411 Western Ave, Buena Park, CA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/16
null | 4.49% Cap Rate

6411 Western Ave
Buena Park, CA 90621


HIGHLIGHTS

  • Rare Unit Mix Totaling 7-Units Consisting of Six (6) 2 Bedroom/2 Bathroom and One (1) 3 Bedroom/2 Bathroom Detached House
  • Strong Income Property with Leveled Rents, Long Term Tenants Who Pay On Time!
  • Outstanding Buena Park Location Conveniently Located Near Major Entertainment, Schools and Shopping!
  • Access to major freeways including 5, 91, 57, 22 and 55
  • Well Maintained Asset With Great Curb Appeal!

OVERVIEW

The Western Breeze Apartments present a rare opportunity to acquire a seven-unit multifamily asset in one of Orange County’s most desirable rental markets. Centrally located near popular destinations and attractions such as Knott’s Berry Farm, Disneyland, Angel Stadium, The Honda Center, OC VIBE!!!, Cal State Fullerton, and unlimited shopping and dining options. The Western Breeze Apartment is ideally positioned for long term rental demand, with convenient access to major freeways including 5, 91,57,22 and 55, tenants enjoy easy access throughout the region. This well-maintained 1977 construction boasts a rare unit mix of (6) large 2-bedroom-2 full bathroom units and (1) 3-bedroom 2- full bathroom detached house. The tenants love and take pride in the courtyard which is indicative of the tenant-maintained herb and vegetable garden and potted plants throughout the courtyard completely maintained by the tenants. All units are separately metered for Gas and Electric and have ample parking and storage with (7) assigned carport spaces, each having its own private storage area and (7) additional on-site parking spots. The Western Breeze Apartments offers an investor a turnkey investment opportunity with great long-term tenants who all pay rent on time! Current rents are level with future upside!

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$451 USD /SF

# OF UNITS

7

PRICE/UNIT

$457,143

CAP RATE

4.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Western Breeze Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

RM-20

APN/PARCEL ID

276-202-26

ASK ABOUT THIS PROPERTY

Dan OwensOC Investments & ManagementMore Info
657-325-8958

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Dan OwensOC Investments & ManagementMore Info
657-325-8958

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