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6041 Fullerton Ave, Buena Park, CA 90621
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6041 Fullerton Ave Buena Park, CA 90621

$4,250,000
  • 20 Beds
  • 20 Baths
  • 10,388 Sq.Ft.
For Sale
$4,250,000 Get Pre-Qualified
Map preview of 6041 Fullerton Ave, Buena Park, CA 90621

Property Overview: 6041 Fullerton Ave Buena Park, CA has 20 bedrooms, 20 bathrooms, 10,388 living square feet and 18,730 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 Knott’s Berry Farm, the city’s top employer with over 4,000 employees per Buena Park’s 2023 Annual Comprehensive Financial Report. Residents enjoy the property’s 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 Park’s optimal North Orange County location, strong economic growth, and unmatched local attractions have made it one of Southern California’s 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.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 11 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
18,730
HOA Dues
$0/mo
Year built
1968
Garage
--
Property Type:
Apartment
Status
Active
MLS#
OC24189421
City
Buena Park
County
Orange
Time on Site
7 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $7,140
  • Total Rent: $7,140
  • Pro Forma/Market Rent: $7,980
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $17,060
  • Total Rent: $17,060
  • Pro Forma/Market Rent: $21,560
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.69%
  • Gross Rent Multiplier: 14.27
  • Gross Scheduled Income: $290,400
  • Net Operating Income: $199,231
  • Gross Operating Income: $281,688
  • Vacancy Allowance: $8,712
  • Other Income 1: $7,449
  • Other Income Description: Misc
Annual Expense Breakdown
  • Total Operating Expense: $89,906
  • Electric: $4,070
  • Gas/Fuel: $4,070
  • New Taxes: $45,948
  • Trash: $4,070
  • Insurance: $8,400
  • Maintenance: $8,400
  • Professional Management: $0
  • Water/Sewer: $4,071
  • Other Expenses: $10,877
  • Other Expense Description: Misc

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Property Details for 6041 Fullerton Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 12
  • Parcel Number: 27707103
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not 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: Other
  • Directions: Cross Streets of Fullerton Avenue & Artesia Boulevard
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Buena Park Agent

Sale History for 6041 Fullerton Ave

Last sold for $880,000 on March 9th, 2001

  • September, 2024

  • Sep 11, 2024

    Date

    Active

    CRMLS: OC24189421

    $4,250,000

    Price

  • March, 2001

  • Mar 9, 2001

    Date

    Sold (Public Records)

    Public Records

    $880,000

    Price

Show More

Tax History for 6041 Fullerton Ave

Assessed Value (2020): $1,178,038
Year Land Value Improved Value Assessed Value
2020 $765,725 $412,313 $1,178,038

Home Value Compared to the Market

This property vs the competition

6041 Fullerton Ave is listed 357.04% higher than the median list price for the city of Buena Park which has a median list price of $929,900. The median price per/sqft for Buena Park is $605 and this home is listed at $409.13 per/sqft which puts the price per square foot 32.38% lower than the median price per square foot for the city of Buena Park.

About 6041 Fullerton Ave

Detailed summary of property

6041 Fullerton Ave is a apartment located in Buena Park, CA 90621 and is currently for sale. This apartment offers 20 bedrooms, 20 bathrooms, roughly 10,388 living square feet, and sits on an approximately 18,730 square foot lot. 6041 Fullerton Ave was first listed on ArdentRealEstateGroup.com on September 12, 2024. The homeowner is currently asking $4,250,000. The median priced home in Buena Park is $929,900 with a median price per square foot of $605. Based on Ardent Real Estate Group's Buena Park Market Data, this home is listed 357.04% higher than the median priced home. Local competing homes currently for sale include 11662 Stuart Dr, 1108 Termino Ave and 5267 E Ocean Blvd. While the average home in Buena Park, CA is selling in 65 days, 6041 Fullerton Ave has a days on market of 7 days. There are currently 97 homes for sale in the Buena Park real estate market and 81 of them are single family homes while 7 of them are condos and 9 are townhomes. For more information on this home for sale at 6041 Fullerton 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 6041 Fullerton Ave

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
10,388
Lot Size
19,036
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
33
APN
277-071-03

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
$924,499
Median List Price/Sq.Ft.
$538
Median Sold Price
$850,000
Median Sold Price/Sq.Ft.
$611
Total Inventory
42
Median Sale to List Price %
100.12%
Avg Days on Market
28
Loan Type
Conventional (38.46%), FHA (7.69%), VA (0%), Cash (30.77%), Other (23.08%)

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Recently Sold Homes Near 6041 Fullerton Ave

6001 Fullerton Ave, Buena Park, CA 90621
$4,700,000 Last Sold Price
36 Beds
24 Baths
13044 Sq.Ft.
6001 Fullerton Ave
Buena Park, CA 90621
7592 Artesia Blvd, Buena Park, CA 90621
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5951 Fullerton Ave, Buena Park, CA 90621
$620,000 Last Sold Price
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Buena Park, CA 90621
6112 Kingman Ave, Buena Park, CA 90621
$1,325,000 Last Sold Price
8 Beds
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3037 Sq.Ft.
6112 Kingman Ave
Buena Park, CA 90621

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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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