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6411 Western Ave, Buena Park, CA 90621
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6411 Western Ave Buena Park, CA 90621

$2,300,000 Sold Price as of 03/12/2021
  • 15 Beds
  • 14 Baths
  • 7,100 Sq.Ft.
Sold
$2,300,000 Sold Price as of 03/12/2021 Refinance Your Mortgage
Map preview of 6411 Western Ave, Buena Park, CA 90621

Property Overview: 6411 Western Ave Buena Park, CA has 15 bedrooms, 14 bathrooms, 7,100 living square feet and 12,632 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This seven unit multifamily property is located in the City of Buena Park. This asset consists of six 2 bed / 2 bath apartment units and one 3 bed / 2 bath house. The complex is situated on an enclosed corner lot totaling 0.29 acres. The asset is comprised of two separate buildings with a nice interior courtyard in the middle and an on-site laundry room for the residents. All 7 unit interiors were recently renovated, 6 have new kitchens and baths, the single story house had the most extensive renovation. The 3 bedroom house renovations include new paint, floors, lighting, granite counter tops, stainless steel appliances, and bathroom vanities. Air conditioning has also been installed. Plenty of parking is available for residents and guests, including seven covered spaces, seven lot spaces, and street parking. This property is in a good central Buena Park location right near major retail, educational, and employment opportunities. The property is conveniently located near the I-5 Freeway, which allow tenants to connect with the greater California region and beyond. The Source Shopping Center is also near by, less than one mile from the property. This offering provides an investor the opportunity to acquire a well maintained apartment community in a premier location within the city.

Listed by Mark Bridge | BRE #01316702 | Mark Bridge, Broker
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
12,632
HOA Dues
$0/mo
Year built
1977
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21001397
City
Buena Park
County
Orange
Time on Site
1338 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Leased Units: 7
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $9,250
  • Pro Forma/Market Rent: $10,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 14.19
  • Gross Scheduled Income: $167,400
  • Net Operating Income: $117,525
  • Gross Operating Income: $162,432
  • Vacancy Allowance: $4,968
  • Gross Spendable Income: $117,525
  • Laundry Income: $1,800
Annual Expense Breakdown
  • Total Operating Expense: $44,907
  • Electric: $840
  • Gas/Fuel: $4,320
  • New Taxes: $27,167
  • Trash: $2,172
  • Gardener: $960
  • Insurance: $2,348
  • Maintenance: $3,500
  • Professional Management: $0
  • Water/Sewer: $3,000

Property Details for 6411 Western Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Carport, Uncovered
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 7
  • Parcel Number: 27620226
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: None
  • Directions: North on I-5, Exit Beach, Left on Auto Center Dr, Left on Western Ave, Destination on the right.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights, Suburban
View more facts & features

Local Buena Park Agent

Sale History for 6411 Western Ave

Last sold for $2,300,000 on March 12th, 2021

  • March, 2021

  • Mar 15, 2021

    Date

    Sold

    CRMLS: OC21001397

    $2,300,000

    Price

  • Jan 7, 2021

    Date

    Pending

    CRMLS: OC21001397

    $2,350,000

    Price

  • Jan 5, 2021

    Date

    Active

    CRMLS: OC21001397

    $2,350,000

    Price

  • August, 2020

  • Aug 19, 2020

    Date

    Expired

    CRMLS: OC20094470

    $2,300,000

    Price

  • Jul 15, 2020

    Date

    Price Change

    CRMLS: OC20094470

    $2,300,000

    Price

  • Jun 3, 2020

    Date

    Price Change

    CRMLS: OC20094470

    $2,350,000

    Price

  • May 19, 2020

    Date

    Active

    CRMLS: OC20094470

    $2,400,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this seven-unit multifamily property located in the City of Buena Park. This asset consists of six 2 bed / 2 bath apartment units and one 3 bed / 2 bath house. The complex is situated on an enclosed corner lot totaling 0.29 acres. The asset is comprised of two separate buildings with an interior courtyard in the middle. A laundry room is located on-site, which is a nice amenity for the residents. All 7 Unit Interiors were recently renovated, 6 have new kitchens and baths, the single story house had the most extensive renovation. The 3 bedroom house renovations include new paint, floors, lighting, granite counter tops, stainless steel appliances, and bathroom vanities. Air conditioning has also been installed. Plenty of parking is available for residents and guests, including seven covered spaces, seven lot spaces, and street parking. This property is in a good central Buena Park location right near major retail, educational, and employment opportunities. The property is conveniently located near the I-5 Freeway, which allow tenants to connect with the greater California region and beyond. The Source Shopping Center is also near by, less than one mile from the property. This offering provides an investor the opportunity to acquire a well maintained apartment community with exceptional value-add upside in a premier location within the city.

  • April, 2020

  • Apr 11, 2020

    Date

    Expired

    CRMLS: OC19244770

    $2,500,000

    Price

  • Apr 2, 2020

    Date

    Withdrawn

    CRMLS: OC19244770

    $2,500,000

    Price

  • Jan 7, 2020

    Date

    Price Change

    CRMLS: OC19244770

    $2,500,000

    Price

  • Nov 22, 2019

    Date

    Active

    CRMLS: OC19244770

    $2,520,000

    Price

  • Nov 21, 2019

    Date

    Active Under Contract

    CRMLS: OC19244770

    $2,520,000

    Price

  • Oct 23, 2019

    Date

    Active

    CRMLS: OC19244770

    $2,520,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this beautifully kept 7 units with nice drive by traffic in a great Buena Park location. This asset consists of six 2 bed / 2 bath units and one 3 bed / 2 bath house. The complex is situated on an enclosed corner lot totaling 0.29 acres, and has two separate buildings with an interior courtyard in the middle. A laundry room is located on-site, which is a nice amenity for the residents. All 7 Unit Interiors were recently renovated, 6 have new kitchens and baths, and the single story house had the most extensive renovation. The 3 bedroom house renovations include new paint, floors, lighting, granite counter tops, stainless steel appliances, and bathroom vanities. Air conditioning has also been installed. Plenty of parking is available for residents and guests, including seven covered spaces, seven lot spaces, and street parking. This property is in a good central Buena Park location right near major retail, educational, and employment opportunities. The property is conveniently located near the I-5 Freeway, which allow tenants to connect with the greater California region and beyond. The Source Shopping Center is also near by, less than one mile from the property.

  • May, 2019

  • May 13, 2019

    Date

    Sold

    CRMLS: PW19020955

    $1,837,875

    Price

  • Mar 15, 2019

    Date

    Pending

    CRMLS: PW19020955

    $1,950,000

    Price

  • Jan 28, 2019

    Date

    Active

    CRMLS: PW19020955

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for Investor. 6 Units Apartment( 2 bed / 2 bath) + 1 single House (2 bed/ 1 bath ). Drive by only. Do not disturb Tenants Plz. Subject to interior inspection. Sold " AS IS CONDITION " Buyer to cooperate with seller`s 1031 Exchange. Buyer and Buyer`s agent should check with the city about exactly building size.

  • May, 2019

  • May 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,838,000

    Price

  • December, 1996

  • Dec 6, 1996

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

Show More

Tax History for 6411 Western Ave

Assessed Value (2020): $436,463
Year Land Value Improved Value Assessed Value
2020 $34,917 $401,546 $436,463

Home Value Compared to the Market

This property vs the competition

6411 Western Ave sold on March 12, 2021 for 162.57% higher than the current median sold price for the city of Buena Park which is $895,000. The median sold price per/sqft for Buena Park is $605 and this home is sold at $330.99 per/sqft which puts the price per square foot 45.29% lower than the current median sale per square foot for the city of Buena Park.

About 6411 Western Ave

Detailed summary of property

6411 Western Ave is a multi family that recently sold in Buena Park, CA 90621. This multi family property offered 15 bedrooms, 14 bathrooms, roughly 7,100 living square feet, and sits on an approximately 12,632 square foot lot. 6411 Western Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $2,300,000. Home in Buena Park are selling for a median price of $895,000 and a median price per square foot of $605. Based on Ardent Real Estate Group's Buena Park Market Data, this home is sold 162.57% higher than the current median priced home. Local homes that are currently for sale include 2140 Associated Rd, 13052 Rockinghorse Rd and 216 W Santa Fe Ave. While the average home in Buena Park, CA is selling in 65 days, 6411 Western Ave has a days on market of 2 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 6411 Western 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 6411 Western Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
12,685
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
276-202-26

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%)

Thinking of Selling?

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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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