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7375 9th Street

Buena Park, CA 90621
  • $13,500,000
  • STATUS: ACTIVE
  • ON SITE: 73 Days
  • ID#: DW23002310
UPDATED: 28 min ago
$13,500,000
  • 3
    BEDS
  • 1.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Presenting the Madrid Apartments, a 34-unit multifamily community in Buena Park, California. Its centrally located with convenient access to the 5 and 91 Freeways connecting to all of Southern California. The property features spacious one and two-bedroom floor plans. Several units have been renovated with laminate vinyl flooring. Madrid Apartments offers amenities including carport, surface parking, on-site laundry facilities, and CCTV overviewing the property. Surrounded by shopping centers and highly-ranked restaurant culture, the Property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity. Presenting the Madrid Apartments, a 34-unit multifamily community in Buena Park, California. Its centrally located with convenient access to the 5 and 91 Freeways connecting to all of Southern California. The property features spacious one and two-bedroom floor plans. Several units have been renovated with laminate vinyl flooring. Madrid Apartments offers amenities including carport, surface parking, on-site laundry facilities, and CCTV overviewing the property. Surrounded by shopping centers and highly-ranked restaurant culture, the Property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/135801780
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7375 9th Street Buena Park, CA 90621

  • Price: $13,500,000
  • Status: ACTIVE
  • On Site: 73 Days
  • Updated: 28 min ago
  • ID#: DW23002310
3
Beds
0
Baths
0
½ Baths
1.1
Acres
Neighborhood:
Oc - Buena Park (90621)
County:
Orange
Area:
Oc - Buena Park (90621)
Property Description
Presenting the Madrid Apartments, a 34-unit multifamily community in Buena Park, California. Its centrally located with convenient access to the 5 and 91 Freeways connecting to all of Southern California. The property features spacious one and two-bedroom floor plans. Several units have been renovated with laminate vinyl flooring. Madrid Apartments offers amenities including carport, surface parking, on-site laundry facilities, and CCTV overviewing the property. Surrounded by shopping centers and highly-ranked restaurant culture, the Property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity. Presenting the Madrid Apartments, a 34-unit multifamily community in Buena Park, California. Its centrally located with convenient access to the 5 and 91 Freeways connecting to all of Southern California. The property features spacious one and two-bedroom floor plans. Several units have been renovated with laminate vinyl flooring. Madrid Apartments offers amenities including carport, surface parking, on-site laundry facilities, and CCTV overviewing the property. Surrounded by shopping centers and highly-ranked restaurant culture, the Property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks

Interior Features

Cooling Wall/Window Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Water Heater Type Gas

Property Features

Actual Cap Rate 4.0 Annual Expense Actual 192057 Buildings 2 Cfd Mello Roos Fee 8272.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 797160 Monthly Total Fees 689 Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1650.0 Unit2 Rent Actual 2000.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Exp Realty Of California Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128