7711 Franklin, Buena Park, CA 90621
7711 Franklin, Buena Park, CA 90621
7711 Franklin, Buena Park, CA 90621
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$3,500,000
Est. payment /mo
0.33 Acres Lot
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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Franklin Street Apartments

MLS Listing ID IG26242945

HOA Y/N No

Year Built 1989

Lot Size 0.330 Acres

Property Sub-Type Apartment

Property Description

9 unit gated complex with garages in an excellent Buena Park location. Unit mix is ideal with 1-1BD 1BA, 6-2BD 2BA, 2-3BD 2BA. The 3 BD units have washers and dryers in the units. Total building approximately 8,430 SF on a large 14,331 SF lot.

New Roof in 2024, newer AC units. Amenities include on-site laundry, ceiling fans, central HVAC.

8 of 9 tenants are on month to month. 1 tenant on 12 month lease (unit 6).

Rents are way below market. Proforma Cap 5.6%

Location

State CA

County Orange

Area 82 - Buena Park

Interior

Interior Features Balcony

Heating Central

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Parking Features Electric Gate

Garage Spaces 9.0

Garage Description 9.0

Fence Average Condition

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated

Total Parking Spaces 19

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 3

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 06613415

Security Features Security Gate,Gated Community

Energy Description 360.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard


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Listed by Nasser Mustafa ASG Development Advisors 714-553-9595, DRE #01035315

Nearby Locations

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Name

Name

Phone*

Phone

Message

Message
Richard King

+1(760) 515-7653

richking760@gmail.com

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