Buena Park, CA 90621,5882 Western Avenue
Listed by Ignacio Diaz Jr. • Investment Capital Real Estate
Bought with Ignacio Diaz Jr. • Investment Capital Real Estate
$3,260,000
Est. payment /mo
$3,300,000
1.2%
Est.Price: ?

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9,196 SqFt
SOLD DATE : 07/09/2025

Key Details

Sold Price $3,260,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 9,196 sqft

Price per Sqft $354

MLS Listing ID CRNP25088945

Sold Date 07/09/25

HOA Y/N No

Year Built 1985

Lot Size 0.411 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

5882 Western Avenue is a desirable investment property consisting of nine 2-bedroom 2-bathroom apartment homes with spacious living interiors averaging roughly 1,000 square feet each. The size of the floor plans with the additional second bathroom, attract tenants, produce solid rents and encourages longer-term occupancy. Built in 1985 on an oversized, 18,956 square foot parcel of land, the property consists of two buildings set back from the street. The large lot and design layout provide a low-density, quiet residential living environment with excellent parking, (9) garages and (9) open spaces (2 to 1 Parking Ratio). There are 8 storage rooms on-site for additional rental income or for a potential ADU conversion. Well located in northwest Orange County, near the cross streets of Beach Blvd and Artesia Blvd, the property is roughly 21 miles southeast of Los Angeles, with easy access to both the 91 and 5 freeways. The strong local economy includes the Entertainment Corridor, which contains a variety of well-known attractions, including Knott’s Berry Farm, Medieval Times Dinner, several hotels, and other secured development plans for several more exciting entertainment and lodging venues.

Location

State CA

County Orange

Interior

Fireplace No

Laundry Common Area

Building

Lot Description Other

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