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

September 13, 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


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 9/13/2024

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