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$2,950,000
Est. payment /mo
0.43 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25193169
HOA Y/N No
Year Built 1966
Lot Size 0.430 Acres
Property Sub-Type Apartment
Property Description
5941 Kingman Avenue is an 8-unit multifamily investment property ideally situated in Buena Park, California. Constructed in 1966, the 8,721-square-foot property offers a compelling unit mix of six two-bedroom units and two three-bedroom units, each averaging more than 1,000 square feet. This desirable configuration caters to families and long-term renters, providing spacious floor plans rarely found in assets of this size. Residents enjoy a range of on-site amenities including covered and surface parking, two laundry facilities, and a landscaped central courtyard that enhances livability and community appeal. The property's combination of larger unit layouts and attractive amenities creates strong tenant demand and long-term income stability. 5941 Kingman Avenue also benefits from a prime Buena Park location near key employment centers, shopping destinations, and entertainment. Tenants have convenient access to Knott's Berry Farm, Buena Park Downtown Mall, The Source OC, Cypress College, and numerous neighborhood schools, along with excellent connectivity via the nearby Interstate 5 and State Route 91 freeways. This accessibility makes the property attractive to a wide renter base commuting throughout Orange and Los Angeles Counties. Offering a blend of large floorplans, stable tenant demand, and strategic location, 5941 Kingman Avenue represents a rare opportunity for investors to acquire a quality multifamily asset in one of North Orange County's established rental markets.
Location
State CA
County Orange
Area 82 - Buena Park
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 8
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 12
Private Pool No
Building
Lot Description Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 27710215
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com