14
See all 14 photos
$8,488,000
Est. payment /mo
0.89 Acres Lot
New
7531 Knott AVE Buena Park, CA 90620
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25146098
HOA Y/N No
Year Built 1973
Lot Size 0.890 Acres
Property Sub-Type Apartment
Property Description
Casa Andini is a 24-unit multifamily investment property located at 7531 Knott Avenue in Buena Park, CA. Situated on a 0.89-acre lot, Casa Andini offers 2, one-bedroom units and 22, two-bedroom units, each with a den. Residents enjoy the property's amenities including surface, tuck-under, and carport parking, gated access, private patios or balconies, and on-site laundry. Additionally, Casa Andini represents a unique value-add opportunity with substantial potential upside through the completion of a comprehensive renovation program. Casa Andini benefits from its fantastic Buena Park location, providing residents with convenient access to major employers, retail centers, entertainment destinations, and freeways. The property is located less than 1.5 miles from The Source OC, Buena Park Downtown, & Knott's Berry Farm, three of the cities premier destinations as well as major employment hubs. Additionally, Casa Andini is within 0.5 miles of Yamaha Corporation of America's headquarters, a premier employer in the city as well as the site of a major redevelopment project. Furthermore, Casa Andini's location provides easy access to surrounding cities via Beach Boulevard, State Route 91, and Interstate 5. Given the property's fantastic unit mix and attractive amenities as well as its unmatched location, Casa Andini is well suited to provide investors with strong returns over the long-term investment horizon.
Location
State CA
County Orange
Area 82 - Buena Park
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 24
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 42
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 26349110
Energy Description 9500.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com