Log In/Sign Up
Your email has been sent.
5791 Kingman Ave 10 Unit Apartment Building $4,614,625 CAD ($461,463 CAD/Unit) 4.80% Cap Rate Buena Park, CA 90621
Investment Highlights
- All 10 units are spacious 2 Bed/1 Bath layouts.
- Upstairs units feature private balconies and downstairs units include spacious private yards.
- Current ownership has invested over $380,000 in recent capital improvements.
- Select units have been renovated with modernized kitchens and bathrooms, while one unit is currently under renovation.
- The property offers 10 single-car garages and 10 additional surface spaces, totaling 20 parking spaces.
- The property benefits from immediate access to multiple grocery-anchored neighborhood retail centers to the north.
Executive Summary
The Leeson Group of Marcus & Millichap is pleased to present 5791 Kingman Avenue, a 10-unit multifamily investment opportunity located in Buena Park, CA.
The property consists of 10 2 Bed/1 Bath units, offering a highly desirable and functional unit mix that appeals to a broad tenant base including roommates, small families, and working professionals. The asset features gated access, an on-site laundry facility, 10 single-car garages, and 10 additional surface parking spaces, providing a total of 20 on-site spaces for residents.
Current ownership has invested significant capital throughout the property totaling over $380,000. Select units have been renovated with updated kitchens and bathrooms, including new flooring, countertops, cabinets, appliances, lighting, tile backsplashes, modern tub surrounds, vanities, and fixtures. One unit is currently undergoing renovation, offering new ownership the opportunity to continue the interior upgrade program and capture additional rental upside.
Upstairs units each feature a private balcony, while downstairs units offer spacious private yards, creating a desirable mix of private outdoor amenities. The combination of uniform 2 Bed/1 Bath units, in-place renovations, and remaining value-add potential positions the asset as an attractive investment opportunity in a well-established Buena Park neighborhood.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s). *
The property consists of 10 2 Bed/1 Bath units, offering a highly desirable and functional unit mix that appeals to a broad tenant base including roommates, small families, and working professionals. The asset features gated access, an on-site laundry facility, 10 single-car garages, and 10 additional surface parking spaces, providing a total of 20 on-site spaces for residents.
Current ownership has invested significant capital throughout the property totaling over $380,000. Select units have been renovated with updated kitchens and bathrooms, including new flooring, countertops, cabinets, appliances, lighting, tile backsplashes, modern tub surrounds, vanities, and fixtures. One unit is currently undergoing renovation, offering new ownership the opportunity to continue the interior upgrade program and capture additional rental upside.
Upstairs units each feature a private balcony, while downstairs units offer spacious private yards, creating a desirable mix of private outdoor amenities. The combination of uniform 2 Bed/1 Bath units, in-place renovations, and remaining value-add potential positions the asset as an attractive investment opportunity in a well-established Buena Park neighborhood.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s). *
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$342,667
|
$37.39
|
| Other Income |
$2,066
|
$0.23
|
| Vacancy Loss |
$10,280
|
$1.12
|
| Effective Gross Income |
$334,453
|
$36.49
|
| Taxes |
$52,477
|
$5.73
|
| Operating Expenses |
$60,567
|
$6.61
|
| Total Expenses |
$113,045
|
$12.33
|
| Net Operating Income |
$221,408
|
$24.16
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $342,667 |
| Annual Per SF | $37.39 |
| Other Income (CAD) | |
|---|---|
| Annual | $2,066 |
| Annual Per SF | $0.23 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $10,280 |
| Annual Per SF | $1.12 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $334,453 |
| Annual Per SF | $36.49 |
| Taxes (CAD) | |
|---|---|
| Annual | $52,477 |
| Annual Per SF | $5.73 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $60,567 |
| Annual Per SF | $6.61 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $113,045 |
| Annual Per SF | $12.33 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $221,408 |
| Annual Per SF | $24.16 |
Property Facts Under Contract
| Price | $4,614,625 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $461,463 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.43 AC |
| Cap Rate | 4.80% | Building Size | 9,165 SF |
| Gross Rent Multiplier | 13.39 | No. Stories | 2 |
| No. Units | 10 | Year Built | 1972 |
| Property Type | Multifamily | Parking Ratio | 2.18/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | RM, Buena Park - Residential | ||
| Price | $4,614,625 CAD |
| Price Per Unit | $461,463 CAD |
| Sale Type | Investment |
| Cap Rate | 4.80% |
| Gross Rent Multiplier | 13.39 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 9,165 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | RM, Buena Park - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- Patio
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | 875 - 1,290 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 277-102-05 | Total Assessment | $2,918,591 CAD |
| Land Assessment | $2,114,858 CAD | Annual Taxes | $52,477 CAD ($5.73 CAD/SF) |
| Improvements Assessment | $803,733 CAD | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
277-102-05
Land Assessment
$2,114,858 CAD
Improvements Assessment
$803,733 CAD
Total Assessment
$2,918,591 CAD
Annual Taxes
$52,477 CAD ($5.73 CAD/SF)
Tax Year
2025 Payable 2025
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
5791 Kingman Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.