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5842 Kingman Ave, Buena Park, CA 90621
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5842 Kingman Ave Buena Park, CA 90621

$1,100,000 Sold Price as of 01/16/2020
  • 9 Beds
  • 3 Baths
  • 3,150 Sq.Ft.
Sold
$1,100,000 Sold Price as of 01/16/2020 Refinance Your Mortgage
Map preview of 5842 Kingman Ave, Buena Park, CA 90621

Property Overview: 5842 Kingman Ave Buena Park, CA has 9 bedrooms, 3 bathrooms, 3,150 living square feet and 9,375 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Just fell out of escrow on 12/9 and a big price reduction to get it sold. Large Triplex with a total of 3,150 Sq. Ft. on a large lot. All three Bedroom units in a conveniently located area of Buena Park. Easy access to freeways, shopping, restaurants, and lots of entertainment. Each unit comes with a single-car garage and an additional parking space. Actual rents are already close to market rates, enabling a new owner to more easily keep pace with the market under new rent control restrictions. Separate gas and electric meters keep owner's expenses lower.

Listed by Richard Bell | BRE #01344469 | Bell Realty Group
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft
9,375
HOA Dues
$0/mo
Year built
1984
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
PW19240046
City
Buena Park
County
Orange
Time on Site
1413 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,090
  • Total Rent: $2,090
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,680
  • Net Operating Income: $49,181
  • Gross Operating Income: $71,470
  • Vacancy Allowance: $2,210
  • Other Income Description: Income shown are actual rents
Annual Expense Breakdown
  • Total Operating Expense: $22,288
  • Electric: $200
  • Gas/Fuel: $0
  • Licenses: $350
  • New Taxes: $12,485
  • Trash: $1,000
  • Gardener: $1,200
  • Insurance: $1,553
  • Maintenance: $2,500
  • Water/Sewer: $1,600
  • Other Expenses: $1,400
  • Other Expense Description: reserve

Property Details for 5842 Kingman Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 27710132
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Undefined
  • Directions: N/ Artesia Blvd, W/ Beach Blvd
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

Local Buena Park Agent

Sale History for 5842 Kingman Ave

Last sold for $1,110,000 on January 16th, 2020

  • January, 2020

  • Jan 16, 2020

    Date

    Sold

    CRMLS: PW19240046

    $1,100,000

    Price

  • Jan 8, 2020

    Date

    Pending

    CRMLS: PW19240046

    $1,135,000

    Price

  • Dec 9, 2019

    Date

    Price Change

    CRMLS: PW19240046

    $1,135,000

    Price

  • Oct 11, 2019

    Date

    Active

    CRMLS: PW19240046

    $1,195,000

    Price

  • January, 2020

  • Jan 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,110,000

    Price

  • September, 2016

  • Sep 2, 2016

    Date

    Sold (Public Records)

    Public Records

    $810,000

    Price

Show More

Tax History for 5842 Kingman Ave

Assessed Value (2020): $834,421
Year Land Value Improved Value Assessed Value
2020 $642,504 $191,917 $834,421

Home Value Compared to the Market

This property vs the competition

5842 Kingman Ave sold on January 16, 2020 for 24.04% higher than the current median sold price for the city of Buena Park which is $915,000. The median sold price per/sqft for Buena Park is $627 and this home is sold at $360.32 per/sqft which puts the price per square foot 42.53% lower than the current median sale per square foot for the city of Buena Park.

About 5842 Kingman Ave

Detailed summary of property

5842 Kingman Ave is a triplex that recently sold in Buena Park, CA 90621. This triplex offered 9 bedrooms, 3 bathrooms, roughly 3,150 living square feet, and sits on an approximately 9,375 square foot lot. 5842 Kingman Ave was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $1,100,000. Home in Buena Park are selling for a median price of $915,000 and a median price per square foot of $627. Based on Ardent Real Estate Group's Buena Park Market Data, this home is sold 24.04% higher than the current median priced home. Local homes that are currently for sale include 6728 Friends Ave, 11457 Burke St and 8721 Lyndora St. While the average home in Buena Park, CA is selling in 64 days, 5842 Kingman Ave has a days on market of 87 days. There are currently 71 homes for sale in the Buena Park real estate market and 50 of them are single family homes while 12 of them are condos and 9 are townhomes. For more information on this home for sale at 5842 Kingman Ave Buena Park, CA 90621 contact Ardent Real Estate Group and we will put you in touch with one of our Buena Park agents.

Public Facts for 5842 Kingman Ave

Public county record property details
Beds
1
Baths
1
Year built
1984
Sq. Ft.
3,150
Lot Size
8,317
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
57
APN
277-101-32

The source for these homes facts are from public records.

90621 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$858,000
Median List Price/Sq.Ft.
$529
Median Sold Price
$838,883
Median Sold Price/Sq.Ft.
$588
Total Inventory
35
Median Sale to List Price %
99.88%
Avg Days on Market
28
Loan Type
Conventional (64.71%), FHA (5.88%), VA (0%), Cash (11.76%), Other (11.76%)

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Recently Sold Homes Near 5842 Kingman Ave

5836 Kingman Ave., Buena Park, CA 90621
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4 Baths
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5762 Kingman Ave, Buena Park, CA 90621
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5952 Kingman Ave, Buena Park, CA 90621
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5952 Kingman Ave
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5951 Fullerton Ave, Buena Park, CA 90621
$620,000 Last Sold Price
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5951 Fullerton Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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