Buena Park, CA 90621,7051 9th Street
Buena Park, CA 90621,7051 9th Street
Buena Park, CA 90621,7051 9th Street
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$10,100,000
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25,484 SqFt
Pending

7051 9th Street Buena Park, CA 90621

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 25,484 sqft

Price per Sqft $396

MLS Listing ID CROC25044421

HOA Y/N No

Year Built 1972

Lot Size 0.410 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

5.91% Current CAP! 11.6 Current GRM! The Knott Townhouses are a rare opportunity to purchase a well maintained garden-style complex with an excellent unit mix at an attractive cap rate. Boasting with all newer roofing and newer copper water lines, The Knott Townhouses are nicely landscaped with charming curb appeal. This twenty-eight-unit multifamily complex has an excellent unit mix of twenty 2-bed 1-bath units, and eight 3-bed 1.5-bath units. They have gated vehicle and pedestrian access, a security camera system, an appealing center courtyard, and two on-site laundry rooms. A sizable 1.41 acre parcel of land allows for the abundant 56 parking spots, which equates to two spots per unit. The mansard roof gives the upper units some vaulted ceilings, and each unit is separately metered for gas and electricity with wall air-conditioning. Current ownership has a feasibility study for two ADUs, which they can share with a Buyer. There is also a potential on two of the buildings to create 14 backyards. The Knott Townhouses are located right next to George Bellis Park, in between the 91 Freeway, 5 Freeway and Beach Blvd, giving it excellent access to all of Orange County. They are just a block from Buena Park Jr High School, Stater Bros, Target, The Source OC Shopping Mall, and Shops a

Location

State CA

County Orange

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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7051 9th Street