7891 Whitaker St - Apartments FOR SALE


Buena Park, CA 90621
$6,100,000 USD
310-704-9109
7891 Whitaker St, Buena Park, CA for Sale
$6,100,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

7891 Whitaker St
Buena Park, CA 90621


HIGHLIGHTS

  • 10 Year Ownership - Potential Tax Credits Single Story Construction
  • Single Story Construction - 7 Separate Buildings
  • Corner Lot - Directly across the Street from Nissan and Toyota Dealerships on Auto Center Drive.
  • Large 1.06 Acre Corner Lot Large Rooms with 16 Rooms with Kitchens Zoning allows Permanent Housing/Commercial Development Conversion
  • Large Rooms with 16 Rooms with Kitchen
  • Zoning allows Permanent Housing/Commercial/Auto Development Conversion

OVERVIEW

The Property: Built in approximately 1952, the Property comprises 47 single-story rooms, totaling a 3 BR/2BA single-family home with a Garage, a manager's Unit - 2BR/1BA with a Kitchen, and approximately 27,869 square feet on an approximately 1.06-acre corner lot. The Property consists of 7 separate buildings with 47 large rooms as follows: • 16 rooms with a Kitchen • 5 rooms have two rooms • 31 rooms are large, typical rooms for a hotel/motel. • Managers Unit – 2 Bedroom, with Kitchen Potential Tax Credits - The Property has been owned for more than 10 Years by the Current Owner Location: Located just to the North of the Golden State Freeway (5), the property is between Stanton Blvd to the East and Beach Blvd to the West, with immediate freeway access on Beach Blvd. The property is on a corner lot on both Whitaker Street and Auto Center Drive, home to Buena Park Automobile Dealerships. Whitaker Street ends on a cul-de-sac that fronts Auto Center Drive. Whitaker Street and the surrounding area north of the property are a clean residential area, primarily single-family homes and a few multi-family apartments. Immediately across the street from the property, at Auto Center, are Buena Park Nissan, Toyota, and Honda (just to the west on Beach Blvd). Please contact the listing agent, Luis Vazquez for property showings. The Manager is not to be disturbed.

FOR SALE DETAILS

PRICE

$6,100,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

47

PRICE/UNIT

$129,787

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Conversion to Multi Family/Auto/Commercial

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

-

APN/PARCEL ID

277-052-27

ASK ABOUT THIS PROPERTY

Luis VazquezSPERRYMore Info
310-704-9109

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Luis VazquezSPERRYMore Info
310-704-9109

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