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7921 Orangethorpe Ave, Buena Park, CA 90621
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7921 Orangethorpe Ave Buena Park, CA 90621

$7,500,000 Sold Price as of 11/11/2019
  • -- Beds
  • -- Baths
  • 20,405 Sq.Ft.
Sold
$7,500,000 Sold Price as of 11/11/2019 Refinance Your Mortgage
Map preview of 7921 Orangethorpe Ave, Buena Park, CA 90621

Property Overview: 7921 Orangethorpe Ave Buena Park, CA has -- bedrooms, -- bathrooms, 20,405 living square feet and 33,646 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: EXCITING INVESTMENT OPPORTUNITY! Fully remodeled and upgraded 2-Star, 50 guest room (could be up to 55 rooms depending on occupancy of conjoined rooms) motel with fully approved plans from the city for an additional 25 guest rooms. This property's close proximity to Knott's Berry Farm and Disneyland with easy access to i-5 and 91 freeways make it a tourist hot spot! This price of $7.9M, excludes a 12,000 SF adjacent multi-use commercial lot which could've used as Starbucks, convenience store or parking lot. The lot with the Hotel together price will be $8.9M. The lot address is 7911 Orangethrope Ave. The lot APN#276-362-17.

Listed by Lucy Scott | BRE #01328471 | Re/Max Luxury Properties
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
33,646
HOA Dues
$0/mo
Year built
1984
Garage
--
Property Type:
Hotel/Motel
Status
Sold
MLS#
OC19240583
City
Buena Park
County
Orange
Time on Site
1389 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 55
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 55
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 7921 Orangethorpe Ave

Interior Features
Laundry Information
  • Inside
Exterior Features
Exterior Information
  • Roof: Flat
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
Property Information
  • Total # of Units: 55
  • Parcel Number: 27636212
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets Orangethorpe / Stanton
View more facts & features

Local Buena Park Agent

Sale History for 7921 Orangethorpe Ave

Last sold for $7,500,000 on November 11th, 2019

  • November, 2019

  • Nov 12, 2019

    Date

    Sold

    CRMLS: OC19240583

    $7,500,000

    Price

  • Oct 21, 2019

    Date

    Withdrawn

    CRMLS: OC19240583

    $7,900,000

    Price

  • Oct 10, 2019

    Date

    Active

    CRMLS: OC19240583

    $7,900,000

    Price

  • October, 2019

  • Oct 2, 2019

    Date

    Expired

    CRMLS: NP19052810

    $8,900,000

    Price

  • Mar 8, 2019

    Date

    Active

    CRMLS: NP19052810

    $8,900,000

    Price

  • Listing provided courtesy of CRMLS

    EXCITING INVESTMENT OPPORTUNITY! Fully remodeled and upgraded 2+Star Hotel with Flagged name of Best Western- Sured stay! Newly remodeled, No RIPT due fr years; thsi price is included not only 55 guest room motel but also included a fully approved finally plans from the city for an additional 25 guest rooms, this plan has been processing for over 2 years, sellers Finally GOT IT with permit! This price Also included with this property is a 12,000 SF adjacent lot with approved plans for a convenience store or parking lot. This property's close proximity to Knott's Berry Farm and Disneyland with easy access to i-5 and 91 freeways make it a tourist hotspot!

  • July, 2015

  • Jul 10, 2015

    Date

    Sold (Public Records)

    Public Records

    $5,050,000

    Price

  • June, 2014

  • Jun 26, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7921 Orangethorpe Ave

Assessed Value (2020): $5,070,017
Year Land Value Improved Value Assessed Value
2020 $3,498,312 $1,571,705 $5,070,017

Home Value Compared to the Market

This property vs the competition

7921 Orangethorpe Ave sold on November 11, 2019 for 763.39% 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 $387.16 per/sqft which puts the price per square foot 38.25% lower than the current median sale per square foot for the city of Buena Park.

About 7921 Orangethorpe Ave

Detailed summary of property

7921 Orangethorpe Ave is a hotel/motel that recently sold in Buena Park, CA 90621. This hotel/motel offered -- bedrooms, -- bathrooms, roughly 20,405 living square feet, and sits on an approximately 33,646 square foot lot. 7921 Orangethorpe Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $7,500,000. 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 763.39% higher than the current median priced home. While the average home in Buena Park, CA is selling in 67 days, 7921 Orangethorpe Ave has a days on market of 11 days. There are currently 67 homes for sale in the Buena Park real estate market and 46 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 7921 Orangethorpe 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 7921 Orangethorpe Ave

Public county record property details
Beds
--
Baths
--
Year built
1984
Sq. Ft.
20,405
Lot Size
33,965
Stories
3
Type
Motel
Pool
No
Spa
No
County
Orange
Lot#
1
APN
276-362-12

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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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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