7024 El Dorado Dr, Buena Park, CA 90620
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7024 El Dorado Dr Buena Park, CA 90620

$1,707,000 Sold Price as of 12/05/2023
  • 8 Beds
  • 6 Baths
  • 3,437 Sq.Ft.
Sold
$1,707,000 Sold Price as of 12/05/2023 Refinance Your Mortgage

Map preview of 7024 El Dorado Dr, Buena Park, CA 90620

Property Overview: 7024 El Dorado Dr Buena Park, CA has 8 bedrooms, 6 bathrooms, 3,437 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing 7024 El Dorado Drive, Buena Park, CA 90620—a desirable four-unit apartment building, opposite its identical 7012 counterpart. Each unit is well-designed and comes with attractive features: Unit 1 (A): 2 bed, 1 bath, patio, remodeled in 2020, view of Peak Park. Unit 2 (B): 2 bed, 2 bath, patio, remodeled in 2017, spacious utility room. Unit 3 (D): 2 bed, 1 bath, in-unit washer/dryer, remodeled in 2017, updated in 2023. Unit 4 (C): 2 bed, 2 bath, remodeled in 2017 Notable property enhancements include: Landscaping with drought-tolerant plants. Vinyl fencing for privacy and durability. Upgraded patios with concrete pavers. Convenient location highlights: South Buena Park area, away from freeway traffic. Surrounded by single-family homes. Close to Peak Park, Boys and Girls Club, community center. Easy access to 91 and 5 freeways. Knott's Berry Farm nearby for entertainment. Acquire both 7012 and 7024 for a prime investment opportunity in a sought-after location. Don't miss this chance to own this attractive real estate offering! Just across from these units is Park Place Townhomes, a 48-unit complex owned and managed by other family members. All units have been remodeled in the past five years and house respectful, quiet tenants. The complex is overseen by full-time onsite management. Nearby, on El Provo Street, two fourplexes also owned by family members maintain the same high standards, having been remodeled within the last five years.

Listed by Christina Curnyn | BRE #01365725 | Christina Curnyn, Broker
Last checked: 11 minutes ago | Last updated: December 5th, 2023 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1960
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
OC23152100
City
Buena Park
County
Orange
Time on Site
400 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 17.59
  • Gross Scheduled Income: $110,400
  • Net Operating Income: $96,899
  • Gross Operating Income: --
  • Vacancy Allowance: $0
Annual Expense Breakdown
  • Total Operating Expense: $13,501
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $933
  • Gardener: $1,375
  • Insurance: $2,549
  • Maintenance: $3,170
  • Professional Management: $5,474
  • Water/Sewer: $1,434

Property Details for 7024 El Dorado Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Cooktop
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Window Features: Blinds
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Appraiser
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 13611111
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: PEAK PARK
  • Directions: South of Knotts, Make a right on El Dorado
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 7024 El Dorado Dr

Last sold for $1,707,000 on December 5th, 2023
  • December, 2023

  • Dec 5, 2023

    Date

    Sold

    CRMLS: OC23152100

    $1,707,000

    Price

  • Aug 15, 2023

    Date

    Active

    CRMLS: OC23152100

    $1,775,000

    Price

  • January, 2010

  • Jan 29, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 1998

  • Jul 30, 1998

    Date

    Sold (Public Records)

    Public Records

    $255,000

    Price

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Tax History for 7024 El Dorado Dr

Assessed Value (2020): $374,320
Year Land Value Improved Value Assessed Value
2020 $228,335 $145,985 $374,320

Home Value Compared to the Market

This property vs the competition

7024 El Dorado Dr sold on December 5, 2023 for 98.32% 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 $516.44 per/sqft which puts the price per square foot 14.64% lower than the current median sale per square foot for the city of Buena Park.

About 7024 El Dorado Dr

Detailed summary of property

7024 El Dorado Dr is a apartment that recently sold in Buena Park, CA 90620. This apartment offered 8 bedrooms, 6 bathrooms, roughly 3,437 living square feet, and sits on an approximately 7,500 square foot lot. 7024 El Dorado Dr was first listed on ArdentRealEstateGroup.com on August 15, 2023. The homeowner sold the property for $1,707,000. 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 98.32% higher than the current median priced home. Local homes that are currently for sale include 12936 Adelle St, 938 S Gilbuck Dr and 0 chestnut. While the average home in Buena Park, CA is selling in 65 days, 7024 El Dorado Dr has a days on market of 62 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 7024 El Dorado Dr Buena Park, CA 90620 contact Ardent Real Estate Group and we will put you in touch with one of our Buena Park agents.

Public Facts for 7024 El Dorado Dr

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
3,437
Lot Size
7,720
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
3
APN
136-111-11

The source for these homes facts are from public records.

90620 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$925,000
Median List Price/Sq.Ft.
$643
Median Sold Price
$895,000
Median Sold Price/Sq.Ft.
$578
Total Inventory
56
Median Sale to List Price %
102.29%
Avg Days on Market
13
Loan Type
Conventional (66.67%), FHA (4.17%), VA (0%), Cash (16.67%), Other (8.33%)

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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.