Homes for sale - 7531 Knott AVE, Buena Park, CA 90620

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Chris Jones

chris@jonesrealtygroupsd.com +1(619) 405-9847

$ 8,488,000

Est. payment | -/mo

0.89 Acres Lot

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$ 8,488,000

Est. payment | -/mo

Save

0.89 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25146098

HOA Y/N No

Year Built 1973

Lot Size 0.890 Acres

Property Sub-Type Apartment

Property Description

Casa Andini is a 24-unit multifamily investment property located at 7531 Knott Avenue in Buena Park, CA. Situated on a 0.89-acre lot, Casa Andini offers 2, one-bedroom units and 22, two-bedroom units, each with a den. Residents enjoy the property's amenities including surface, tuck-under, and carport parking, gated access, private patios or balconies, and on-site laundry. Additionally, Casa Andini represents a unique value-add opportunity with substantial potential upside through the completion of a comprehensive renovation program. Casa Andini benefits from its fantastic Buena Park location, providing residents with convenient access to major employers, retail centers, entertainment destinations, and freeways. The property is located less than 1.5 miles from The Source OC, Buena Park Downtown, & Knott's Berry Farm, three of the cities premier destinations as well as major employment hubs. Additionally, Casa Andini is within 0.5 miles of Yamaha Corporation of America's headquarters, a premier employer in the city as well as the site of a major redevelopment project. Furthermore, Casa Andini's location provides easy access to surrounding cities via Beach Boulevard, State Route 91, and Interstate 5. Given the property's fantastic unit mix and attractive amenities as well as its unmatched location, Casa Andini is well suited to provide investors with strong returns over the long-term investment horizon.

Location

State CA

County Orange

Area 82 - Buena Park

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 24

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 42

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 26349110

Energy Description 9500.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 405-9847

chris@jonesrealtygroupsd.com

San Diego, USA

7531 Knott AVE Buena Park, CA 90620