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MLS® ID: PW18165914

6501 Western Avenue

Buena Park, California, 90621

$4,250,000 Active
  • - SQFT
An excellent opportunity to acquire a 15-unit multifamily building in Buena Park. Located at 6501 Western Ave. this multifamily asset was built in 1965. It offers an ideal unit mix with five 1 bed, 1 bath units, three 2 bed, 1 bath units, three 2 bed, 1.75 bath units and four 2 bed, 1.5 bath townhome-style units. Well-manicured front lawn and foliage contribute to the exceptional curb-appeal of the property. Residents of the building enjoy use of off-street covered parking and laundry facilities. The building boasts a total of 15,515 square feet on a 17,415 square foot lot. For the right investor, this multi-family asset will represent a great opportunity to generate years of steady cash flow and a higher than average ROI. The close proximity to so many restaurants and well-known attractions will lead to increased appreciation as the urban neighborhood lacks additional space for more apartment building projects to be developed. Enrollment numbers continue to grow at the two nearby university campuses assuring a continued uptick in demand for student housing as well. With a few minor updates, a modest increase in rental income will be achievable.
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Listing courtesy of Justin White

Amenities

  • Zip
    90621
  • Office name
    Justin White
  • SQFT
    0
  • Bedrooms
    0
  • Full baths
    0
  • Half baths
    0
  • Year built
    1965
  • Lot size
    17424.00
  • Tax year
    0
  • Office ID
    PB17476
  • Agent ID
    PWWHITJUS
  • Agent name
    Justin White
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)

Location

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