$4,250,000
6041 Fullerton Avenue Buena Park, CA 90621
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$4,250,000
Est. payment /mo
3 Beds
3 Baths
0.43 Acres Lot
UPDATED:
09/13/2024 11:31 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24189421
Bedrooms 3
HOA Y/N No
Lot Size 0.430 Acres
Property Description
6041 Fullerton Avenue is a 12-unit multifamily investment property located in Buena Park, California. The property offers a mix consisting of one and two-bedroom units with unit interiors featuring vinyl and tile flooring, quartz countertops, ceiling fans, and more. Residents enjoy amenities including security doors, a common area front yard, an on-site laundry facility, and ample parking. 6041 Fullerton Avenue is located within 1 mile of the intersection of Beach Boulevard and Malvern Avenue, a bustling retail corridor home to several neighborhood retail centers. Additionally, the property is just over 1 mile from The Source OC, a modern shopping mall granting residents easy access to a wide variety of retail, dining, and entertainment options. Furthermore, 6041 Fullerton Avenue benefits from its proximity, just under 2 miles, to Knotts Berry Farm, the citys top employer with over 4,000 employees per Buena Parks 2023 Annual Comprehensive Financial Report. Residents enjoy the propertys close proximity to State Route 91 and Interstate 5, providing convenient access to major regional employment hubs throughout Southern California. The Buena Park submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 97.6 percent (Q1 2024) and average year-over-year effective rent increase of 4.2 percent (2023), demonstrating the strong demand for rental housing. Buena Parks optimal North Orange County location, strong economic growth, and unmatched local attractions have made it one of Southern Californias most desirable and versatile markets. G
6041 Fullerton Avenue is a 12-unit multifamily investment property located in Buena Park, California. The property offers a mix consisting of one and two-bedroom units with unit interiors featuring vinyl and tile flooring, quartz countertops, ceiling fans, and more. Residents enjoy amenities including security doors, a common area front yard, an on-site laundry facility, and ample parking. 6041 Fullerton Avenue is located within 1 mile of the intersection of Beach Boulevard and Malvern Avenue, a bustling retail corridor home to several neighborhood retail centers. Additionally, the property is just over 1 mile from The Source OC, a modern shopping mall granting residents easy access to a wide variety of retail, dining, and entertainment options. Furthermore, 6041 Fullerton Avenue benefits from its proximity, just under 2 miles, to Knotts Berry Farm, the citys top employer with over 4,000 employees per Buena Parks 2023 Annual Comprehensive Financial Report. Residents enjoy the propertys close proximity to State Route 91 and Interstate 5, providing convenient access to major regional employment hubs throughout Southern California. The Buena Park submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 97.6 percent (Q1 2024) and average year-over-year effective rent increase of 4.2 percent (2023), demonstrating the strong demand for rental housing. Buena Parks optimal North Orange County location, strong economic growth, and unmatched local attractions have made it one of Southern Californias most desirable and versatile markets. Given the strength of the overall apartment market within the city of Buena Park, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 6041 Fullerton Avenue.
6041 Fullerton Avenue is a 12-unit multifamily investment property located in Buena Park, California. The property offers a mix consisting of one and two-bedroom units with unit interiors featuring vinyl and tile flooring, quartz countertops, ceiling fans, and more. Residents enjoy amenities including security doors, a common area front yard, an on-site laundry facility, and ample parking. 6041 Fullerton Avenue is located within 1 mile of the intersection of Beach Boulevard and Malvern Avenue, a bustling retail corridor home to several neighborhood retail centers. Additionally, the property is just over 1 mile from The Source OC, a modern shopping mall granting residents easy access to a wide variety of retail, dining, and entertainment options. Furthermore, 6041 Fullerton Avenue benefits from its proximity, just under 2 miles, to Knotts Berry Farm, the citys top employer with over 4,000 employees per Buena Parks 2023 Annual Comprehensive Financial Report. Residents enjoy the propertys close proximity to State Route 91 and Interstate 5, providing convenient access to major regional employment hubs throughout Southern California. The Buena Park submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 97.6 percent (Q1 2024) and average year-over-year effective rent increase of 4.2 percent (2023), demonstrating the strong demand for rental housing. Buena Parks optimal North Orange County location, strong economic growth, and unmatched local attractions have made it one of Southern Californias most desirable and versatile markets. Given the strength of the overall apartment market within the city of Buena Park, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 6041 Fullerton Avenue.
Location
State CA
County Orange
Area Oc - Buena Park (90621)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range .25 to .5 AC
Level or Stories 2 Story
Others
Monthly Total Fees $256
Acceptable Financing Cash, Conventional, Exchange
Space Rent $7,140
Listing Terms Cash, Conventional, Exchange
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Listed by Tyler Leeson • Marcus & Millichap RE Invest