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$2,750,000   Price Analysis
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5842 Western Ave
Buena Park, CA 90621
Unknown bed None bath 5,616 SqFt ($489/SqFt)
0.43 acre lot. Built 1957
Listed 2024-01-25, Taxes $21,954
Ⓧ USDA Ineligible
due to price & location

near Buena Park

The Western Apartment Homes has an ideal unit mix f all single story two-bedroom units.

* No Longer For Sale *
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Each unit has its own private yard, single car garage and washer dryer hook ups. All of the units have their own individual address. Most of the units have been renovated with new windows, quartz counter tops and tile floors.

Due to the unique features the apartment ho mes offer, the property has stable occupancy with historical vacancy below 3%. The property is situated on a large 18, 940 SF lot and has potential to add ADUs. The property has excellent assumable financing fixed at 3.35%.


Presented by Grant Hahn at
Morgan Skenderian.


Property MLS #PW24015887 from CRMLS

Laundry Features: In Garage

Lot Description: 16-20 Units/Acre
Lot Size Acres: 0.4348
Lot Size Source: Assessor
Lot Size Square Feet: 18940

Garage Spaces: 8
Parking Total: 8

Number of Units: 8

Vacancy Allowance: 6363

Community Features: Park

Source Listing Status: Closed
County: Orange
Source Property Type: Residential Income
Area: 82 - Buena Park
Source Neighborhood: Other (OTHR)
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 8
Parcel Number: 27710227
Postal Code Plus 4: 1933
Subdivision: Other (OTHR)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$239,537 + $1,600,822
$1,840,359
$21,954
2021$234,841 + $1,569,433
$1,804,274
$21,793
2020$232,433 + $1,553,341
$1,785,774
$21,525
2019$227,876 + $1,522,883
$1,750,759
$21,024
2018$223,408 + $1,493,023
$1,716,431
$20,624
2017$219,028 + $1,463,748
$1,682,776
$20,336
2016$214,734 + $1,435,047
$1,649,781
$19,935
2015$211,509 + $1,413,491
$1,625,000
$19,087
2014$196,795 + $1,058,880
$1,255,675
$15,371
2013$195,906 + $1,054,094
$1,250,000
$14,885
2012$108,826 + $44,932
$153,758
$3,287
2011$106,693 + $44,051
$150,744
$3,098
2010$105,896 + $43,722
$149,618
$2,962
2009$106,148 + $43,826
$149,974
$2,835
2008$104,067 + $42,967
$147,034
$2,683
2007$102,027 + $42,124
$144,151
$2,550

Sold 2024-08-16
$2,780,000
CRMLS
Price Changed 2024-05-29
$2,750,000
CRMLS
Price Changed 2024-03-11
$2,965,000
CRMLS
Listed 2024-01-25
$3,150,000
CRMLS
Sold 2014-09-22
$1,625,000
Public Record
Listing removed 2014-08-29
$1,699,000
CRMLS
Listed 2014-06-13
$1,699,000
CRMLS
Listing removed 2014-05-09
$1,699,000
CRMLS
Price Changed 2014-04-22
$1,699,000
CRMLS
Price Changed 2014-03-19
$1,750,000
CRMLS
Listed 2014-02-06
$1,850,000
CRMLS
Sold 2012-08-31
$1,250,000
SoCalMLS
Listed 2012-07-06
$1,250,000
SoCalMLS

Net Operating Income: 150731.00

Total Square Feet Living: 5616
Year Built: 1957
Building Features: 4
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: front
Property Age: 67
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Year Built Source: Public Records

Sewer: Sewer: Public Sewer
Water Source: Public

Gordon H. Beatty Middle is a public middle school located approximately 0.9 miles away.
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Buena Park High School is a public high school located approximately 1.6 miles away.
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Carl E. Gilbert Elementary School is a public elementary school located approximately 0.6 miles away.
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Sunny Hills Preschool is a private elementary school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.