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7051 9th Street
USD 10,200,000
Property ID: OC25044421
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7051 9th Street ,90621
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icon 17860 SqFt
icon Built in 1972
icon USD 571/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
25484
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1972
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Detailed Introduction Of This Home
The Knott Townhouses are a rare opportunity to purchase a well maintained garden-style complex with an excellent unit mix at an attractive cap rate. Boasting with all newer roofing and newer copper water lines, The Knott Townhouses are nicely landscaped with charming curb appeal. This twenty-eight-unit multifamily complex has an excellent unit mix of twenty 2-bed 1-bath units, and eight 3-bed 1.5-bath units. They have gated vehicle and pedestrian access, a security camera system, an appealing center courtyard, and two on-site laundry rooms. A sizable 1.41 acre parcel of land allows for the abundant 56 parking spots, which equates to two spots per unit. The mansard roof gives the upper units some vaulted ceilings, and each unit is separately metered for gas and electricity with wall air-conditioning. Current ownership has a feasibility study for two ADUs, which they can share with a Buyer. There is also a potential on two of the buildings to create 14 backyards. The Knott Townhouses are located right next to George Bellis Park, in between the 91 Freeway, 5 Freeway and Beach Blvd, giving it excellent access to all of Orange County. They are just a block from Buena Park Jr High School, Stater Bros, Target, The Source OC Shopping Mall, and Shops at Buena Park Shopping Mall. Just over a mile is Knott’s Berry Farm, Knott’s Soak City, and Buena Park’s Entertainment Retail. Just over 2 miles is Los Coyotes Country Club, and Los Coyotes Shopping Center, and Buena Park High School, making this location great to access major retail, educational, and employment opportunities. Given the strength of the overall apartment market within the city of Buena Park, the property offers an investor the ability to capture quality tenants seeking a great neighborhood with convenient access to a wide variety of activities, transportation and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at The Knott Townhouses.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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7051 9th Street
USD 10,200,000 0 Beds
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