Log In/Sign Up
Your email has been sent.
6611 Kingman Ave 4 Unit Apartment Building Offered at $1,942,189 CAD at a 2.69% Cap Rate Buena Park, CA 90621
Investment Highlights
- First Time on the Market in over 30 Years
- Well Maintained Building with Updated Flooring
- Large 1 and 2 Bedrooms with Window A/C and Individual Meters
- Over 5% Cap on Market with over 30% Upside in Rental Income
Executive Summary
We are pleased to present the Kingman Fourplex, located in the City of Buena Park and offered for sale for the first time in over 30 years. Each unit features window air conditioning, gas wall heating, individual gas and electric meters, and individual water heaters. The Kingman Fourplex is ideally situated near major thoroughfares, including Artesia Boulevard and Beach Boulevard (Highway 39), which provides direct access from La Habra to Huntington Beach. The property is not subject to CA 1482 (statewide rent control) and offers over 30% upside in rental income, providing investors with the opportunity for immediate rental growth.
Property Facts
| Price | $1,942,189 CAD | Property Type | Multifamily |
| Price Per Unit | $485,547 CAD | Building Size | 3,400 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 2.69% | Year Built | 1966 |
| Gross Rent Multiplier | 20.3 | Parking Ratio | 1.76/1,000 SF |
| No. Units | 4 | ||
| Zoning | RMF - Residential Multifamily | ||
| Price | $1,942,189 CAD |
| Price Per Unit | $485,547 CAD |
| Sale Type | Investment |
| Cap Rate | 2.69% |
| Gross Rent Multiplier | 20.3 |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 3,400 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | RMF - Residential Multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,840 CAD | 700 |
| 2+2 | 2 | $2,044 CAD | 1,000 |
1 1
Walk Score®
Very Walkable (77)
Property Taxes
| Parcel Number | 276-281-15 | Improvements Assessment | $238,828 CAD |
| Land Assessment | $403,895 CAD | Total Assessment | $642,723 CAD |
Property Taxes
Parcel Number
276-281-15
Land Assessment
$403,895 CAD
Improvements Assessment
$238,828 CAD
Total Assessment
$642,723 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
6611 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.