Buena Park, CA 90620 7531 Knott Avenue

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Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25146098
  • 06/30/2025
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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 • 2
  • Baths • 1
  • SQFT • 20,784

Home Details

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.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com

Interior Features for 7531 Knott Avenue

Other Interior Features

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

Other Rooms

Entry Level1

General for 7531 Knott Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.89
Carport Spaces24.0
Carport Y/NYes
CityBuena Park
Community FeaturesCurbs, Gutters, Sidewalks
CountyOrange
DirectionsCross Streets of Knott Avenue & Houston Street
Electric Expense9500.0
Entry LocationFirst level
Fuel Expense9500.0
Garage Spaces0.0
Garage Y/NNo
Gross Income684993.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense24000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet38768.4
Lot Size UnitsAcres
MLS Area82 - Buena Park
Maintenance Expense19200.0
MobileHomeRemainsYNNo
Net Operating Income415379.0
New ConstructionNo
Number Of Units Total24
Open Parking Spaces18.0
Operating Expense250399.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameOther
Tax Lot85
Taxes$93,949
Trash Expense9500.0
Water Sewer Expense9503.0
Year Built1973
Year Built SourceAssessor

Exterior for 7531 Knott Avenue

Building Area Total20784.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.89
Lot Size Area0.89
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters24
Number of Separate Gas Meters24
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking42.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $8,488,000
MLS#OC25146098
List Date 06/30/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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