Buena Park, CA 90621 5882 Western Avenue

Pending
5882 Western Avenue Buena Park, CA - Image 15882 Western Avenue Buena Park, CA - Image 25882 Western Avenue Buena Park, CA - Image 3
Presented By: Ignacio Diaz Jr. with Investment Capital Real Estate; id@investmentcapitalre.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# NP25088945
  • 04/22/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 6
  • Baths • 2
  • SQFT • 9,196
  • Garage • 9

Home Details

5882 Western Avenue is a desirable investment property consisting of nine 2-bedroom 2-bathroom apartment homes with spacious living interiors averaging roughly 1,000 square feet each. The size of the floor plans with the additional second bathroom, attract tenants, produce solid rents and encourages longer-term occupancy. Built in 1985 on an oversized, 18,956 square foot parcel of land, the property consists of two buildings set back from the street. The large lot and design layout provide a low-density, quiet residential living environment with excellent parking, (9) garages and (9) open spaces (2 to 1 Parking Ratio). There are 8 storage rooms on-site for additional rental income or for a potential ADU conversion. Well located in northwest Orange County, near the cross streets of Beach Blvd and Artesia Blvd, the property is roughly 21 miles southeast of Los Angeles, with easy access to both the 91 and 5 freeways. The strong local economy includes the Entertainment Corridor, which contains a variety of well-known attractions, including Knott’s Berry Farm, Medieval Times Dinner, several hotels, and other secured development plans for several more exciting entertainment and lodging venues.
Presented By: Ignacio Diaz Jr. with Investment Capital Real Estate; id@investmentcapitalre.com

Interior Features for 5882 Western Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 5882 Western Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.21
Carport Y/NNo
CityBuena Park
Community FeaturesCurbs, Sidewalks
CountyOrange
DirectionsNorth of the 5 Freeway, West of Beach Blvd
Electric Expense2698.0
Entry Location1
Fuel Expense8366.0
Garage Spaces9.0
Garage Y/NYes
Gross Income242820.0
HOANo
Home Warranty Y/NNo
Insurance Expense4050.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsSubmit
Lot Size Square Feet17903.0
Lot Size UnitsSquareFeet
MLS Area82 - Buena Park
Maintenance Expense4230.0
MobileHomeRemainsYNNo
Net Operating Income171861.0
New ConstructionNo
Number Of Units Total9
Open Parking Spaces9.0
Operating Expense72109.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Subdivision NameBuena Park
Tax Lot87
Trash Expense6436.0
Virtual TourClick here
Water Sewer Expense5275.0
Year Built1985
Year Built SourcePublicRecords

Exterior for 5882 Western Avenue

Building Area Total9196.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.411
Lot Size Area17903.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters9
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking18.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,300,000
MLS#NP25088945
List Date 04/22/2025
Property Type Pending
Phone 714.742.6515
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