Address
7381 Franklin Street # A-D Buena Park, CA
Price
$ 1,225,000
Property Attributes
  • MLS#PW21012993
  • TypePending
  • CountyORANGE
  • CityBuena Park
  • AreaBuena Park
  • NeighborhoodOther
  • Zip90621
  • Style
  • Price$ 1,225,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Mary Kasenberg with Coldwell Banker Coastal Alliance.
Data Source:
CRMLS
Property Description

Great Investment Opportunity. 4 units in the heart of Buena Park! All 2 bedroom and 1 bathroom units. This is an opportunity to own a value-add asset in a high demand rental market with tremendous growth potential. All 4 unit interiors renovated. New kitchens and baths include new paint, flooring, custom cabinets w/granite counter tops, and new bathroom vanities with stone tops. All new windows in each unit and new roof in 2012. Each unit has a private patio, inside laundry, 2 AC wall units, detached garage. There is space for 2 off-street parking, 1 garage & 1 open space. Alley access as well as public street parking. Low maintenance property. Tenants pay gas and electric. All four units occupied by long term tenants with a potential to increase rent. No disruption of rent due to COVID. Upside to rents without having to do capital improvements. This area has high rental occupancy rates. No rent control. Very well maintained. Dense rental market with low vacancy. Close to public transportation and freeways. Near Knottā€™s Berry Farm, Buena Park Mall, 5 and 91 Freeways, restaurants and shopping centers.

Price History
2/3/2021 Listed $1,299,000
3/15/2021 6% - $1,225,000

General Features

Accessibility No Stairs, Parking
Appliances Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Water Heater
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
Construction Materials Stucco
Cooling Wall/Window Unit(s)
Electric Electricity - On Property
Garage Spaces 4
Garage Y/N Yes
Heating Wall Furnace
Interior Features Granite Counters, Bedroom on Main Level
Levels One
MLS Area 82 - Buena Park
Open Parking Spaces 2
Parking Features Assigned
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
PropertyCondition Updated/Remodeled
Roof Elastomeric
Rooms Living Room, Laundry, Kitchen
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Spa Features None
Subdivision Name Other (OTHR)
Terms 1031 Exchange
Total Actual Rent 6000
Total Units 4
Utilities Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
View None
Water Sewer Expense 1599

Interior Features

Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Fireplace Features None
Heating Y/N Yes
Laundry Features Washer Hookup, Gas Dryer Hookup, In Kitchen

Exterior Features

Foundation Details Slab
Lot Features 16-20 Units/Acre, Level, Rectangular Lot
Lot Size Acres 0.22
Lot Size Area 9583
Lot Size Source Assessor
Lot Size Square Feet 9583
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Road Surface Type Alley Paved, Maintained
Total Parking 8
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Kitchen
Laundry
Living Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90621

Price
AVG $690K
$1.23M
Visits
AVG 43
84
Year Built
AVG 1982
1964
Walkscore
AVG 57
38
Data Provided by Walkscore ® not using MLS data

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