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(909) 215-5431
Real Estate Company
7711 Franklin, Buena Park, CA 90621
- $3,500,000
- List Price
- $3,500,000
- Status
- ACTIVE
- MLS#
- IG26242945
- Year Built
- 1989
- Lot Size
- 14,375
- Acres
- 0.33
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
- Neighborhood
- Franklin Street Apartments
Property Description
9 unit gated complex with garages in an excellent Buena Park location. Unit mix is ideal with 1-1BD 1BA, 6-2BD 2BA, 2-3BD 2BA. The 3 BD units have washers and dryers in the units. Total building approximately 8,430 SF on a large 14,331 SF lot. New Roof in 2024, newer AC units. Amenities include on-site laundry, ceiling fans, central HVAC. 8 of 9 tenants are on month to month. 1 tenant on 12 month lease (unit 6). Rents are way below market. Proforma Cap 5.6%
Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Exterior Construction
- Stucco
- Garage Spaces Total
- 9
- Sewer
- Public Sewer
- Interior Features
- Balcony
- Attached Structure
- Attached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $245,760
- Operating Expense
- 69508
Listing courtesy of Listing Agent: Nasser Mustafa (nmustafa@asgda.com) from Listing Office: ASG Development Advisors.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.