Active
7361 Artesia BLVD
BUENA PARK CA, 90621
$2,900,000
$412.28 per sqft
Active
3 Beds
2 Baths
7,034 sqft
Multi-family
Built in 1974
7361 Artesia Boulevard is an 8-unit multifamily investment property located in Buena Park, California. The property offers a mix consisting of one and two-bedroom units with interiors featuring vinyl, tile, and carpet flooring, quartz countertops, recessed lighting, ceiling fans, and more. Residents enjoy amenities including security doors, a spacious common area backyard, and ample parking. 7361 Artesia Boulevard is located within 1 mile of the intersection of Beach Boulevard and Malvern Avenue, a bustling retail corridor home to several neighborhood retail centers. Additionally, the property is just over 1 mile from The Source OC, a modern shopping mall granting residents easy access to a wide variety of retail, dining, and entertainment options. Furthermore, 7361 Artesia Boulevard benefits from its proximity, just under 2 miles, to Knott s Berry Farm, the city s top employer with over 4,000 employees per Buena Park s 2023 Annual Comprehensive Financial Report. Residents enjoy the property s close proximity to State Route 91 and Interstate 5, providing convenient access to major regional employment hubs throughout Southern California. The Buena Park submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 97.6 percent (Q1 2024) and average year-over-year effective rent increase of 4.2 percent (2023), demonstrating the strong demand for rental housing. Buena Park s optimal North Orange County location, strong economic growth, and unmatched local attractions have made it one of Southern California s most desirable and versatile markets. 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 convenient location with 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 7361 Artesia Boulevard.
OC24189398MR
MLSⓇ ID
September 11, 2024
Listed
October 2, 2024
Updated
Map
7361 Artesia BLVD
BUENA PARK CA, 90621
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
2
Laundry Description
Community
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.39 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Buena Park
Days on Market
16
Garage
Yes
Garage Spaces
3
Parking Total
19
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Zoning
R3
Listed by Tyler Leeson with Marcus & Millichap RE Invest
Listing Contact: 949-419-3326
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/2/2024