8182 Artesia Blvd, Buena Park, CA 90621
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8182 Artesia Blvd Buena Park, CA 90621

$5,610,000 Sold Price as of 12/12/2019
  • 34 Beds
  • 34 Baths
  • 15,324 Sq.Ft.
Sold
$5,610,000 Sold Price as of 12/12/2019 Refinance Your Mortgage

Map preview of 8182 Artesia Blvd, Buena Park, CA 90621

Property Overview: 8182 Artesia Blvd Buena Park, CA has 34 bedrooms, 34 bathrooms, 15,324 living square feet and 28,314 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Palm Court Apartments is a 17-unit multifamily investment property located in Buena Park, one of the strongest rental markets in Southern California. Situated on a 0.65-acre lot, the 15,324 square foot property consists exclusively of condo-quality two-bedroom units and offers amenities including gated access, garage, open, and tuck-under parking, private balconies or patios, vaulting ceiling with skylight, fireplace (select units), central air, individual water heaters, and in-unit laundry hookups.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
28,314
HOA Dues
$0/mo
Year built
1988
Garage
17 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19189329
City
Buena Park
County
Orange
Time on Site
1385 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 17
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 17
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $31,175
  • Total Rent: $31,175
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $374,442
  • Net Operating Income: $233,613
  • Gross Operating Income: $363,219
Annual Expense Breakdown
  • Total Operating Expense: $129,606
  • Electric: $2,008
  • Gas/Fuel: $2,008
  • New Taxes: $68,958
  • Trash: $3,300
  • Insurance: $3,536
  • Maintenance: $10,200
  • Workman's Comp: $16,200
  • Professional Management: $14,529
  • Water/Sewer: $2,008
  • Other Expenses: $6,859
  • Other Expense Description: other

Property Details for 8182 Artesia Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 17
  • # of Parking Spaces: 35
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 17
  • Parcel Number: 06623010
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Artesia Boulevard and Stanton Avenue
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 8182 Artesia Blvd

Last sold for $5,610,000 on December 12th, 2019
  • December, 2019

  • Dec 14, 2019

    Date

    Sold

    CRMLS: OC19189329

    $5,610,000

    Price

  • Oct 7, 2019

    Date

    Pending

    CRMLS: OC19189329

    $5,950,000

    Price

  • Sep 24, 2019

    Date

    Active Under Contract

    CRMLS: OC19189329

    $5,950,000

    Price

  • Aug 8, 2019

    Date

    Active

    CRMLS: OC19189329

    $5,950,000

    Price

  • December, 2019

  • Dec 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $5,610,000

    Price

  • December, 2010

  • Dec 29, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 8182 Artesia Blvd

Assessed Value (2020): $2,087,730
Year Land Value Improved Value Assessed Value
2020 $626,319 $1,461,411 $2,087,730

Home Value Compared to the Market

This property vs the competition

8182 Artesia Blvd sold on December 12, 2019 for 550.27% 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 $388.28 per/sqft which puts the price per square foot 38.07% lower than the current median sale per square foot for the city of Buena Park.

About 8182 Artesia Blvd

Detailed summary of property

8182 Artesia Blvd is a multi family that recently sold in Buena Park, CA 90621. This multi family property offered 34 bedrooms, 34 bathrooms, roughly 15,324 living square feet, and sits on an approximately 28,314 square foot lot. 8182 Artesia Blvd was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $5,610,000. 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 550.27% higher than the current median priced home. Local homes that are currently for sale include 916 W Balboa Blvd, 916 W Balboa Blvd and 124 Turquoise Ave. While the average home in Buena Park, CA is selling in 69 days, 8182 Artesia Blvd has a days on market of 47 days. There are currently 65 homes for sale in the Buena Park real estate market and 47 of them are single family homes while 10 of them are condos and 8 are townhomes. For more information on this home for sale at 8182 Artesia Blvd 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 8182 Artesia Blvd

Public county record property details
Beds
2
Baths
2
Year built
1949
Sq. Ft.
1,414
Lot Size
28,044
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
066-230-10

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
$879,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$838,883
Median Sold Price/Sq.Ft.
$588
Total Inventory
33
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.