6611 Kingman Ave - Multi-Family FOR SALE


Buena Park, CA 90621
$1,425,000 USD
949-756-3232
6611 Kingman Ave, Buena Park, CA for Sale
$1,425,000 USD
Multi-Family - FOR SALE
1/4
null | 2.69% Cap Rate

6611 Kingman Ave
Buena Park, CA 90621


HIGHLIGHTS

  • First Time on the Market in over 30 Years
  • Large 1 and 2 Bedrooms with Window A/C and Individual Meters
  • Well Maintained Building with Updated Flooring
  • Over 5% Cap on Market with over 30% Upside in Rental Income

OVERVIEW

We are pleased to present the Kingman Fourplex, located in the City of Buena Park and offered for sale for the first time in over 30 years. Each unit features window air conditioning, gas wall heating, individual gas and electric meters, and individual water heaters. The Kingman Fourplex is ideally situated near major thoroughfares, including Artesia Boulevard and Beach Boulevard (Highway 39), which provides direct access from La Habra to Huntington Beach. The property is not subject to CA 1482 (statewide rent control) and offers over 30% upside in rental income, providing investors with the opportunity for immediate rental growth.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$419 USD /SF

# OF UNITS

4

PRICE/UNIT

$356,250

CAP RATE

2.69%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

276-281-15

ASK ABOUT THIS PROPERTY

Tracy HongTriqor GroupMore Info
949-756-3232

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Tracy HongTriqor GroupMore Info
949-756-3232

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