7381 Franklin Street, Buena Park,
California CA90621-1887
Listing IDPW21012993
3,660
SqFt
0.220
Acres
$1,100,000
Great Investment Opportunity. 4 units in the heart of Buena Park! All 2 bedroom and 1 bathroom units. This is an opportunity to own a value-add asset in a high demand rental market with tremendous growth potential. All 4 unit interiors renovated. New kitchens and baths include new paint, flooring, custom cabinets w/granite counter tops, and new bathroom vanities with stone tops. All new windows in each unit and new roof in 2012.
Each unit has a private patio, inside laundry, 2 AC wall units, detached garage. There is space for 2 off-street parking, 1 garage & 1 open space. Alley access as well as public street parking. Low maintenance property. Tenants pay gas and electric.
All four units occupied by long term tenants with a potential to increase rent. No disruption of rent due to COVID. Upside to rents without having to do capital improvements. This area has high rental occupancy rates. No rent control. Very well maintained. Dense rental market with low vacancy.
Close to public transportation and freeways. Near Knottās Berry Farm, Buena Park Mall, 5 and 91 Freeways, restaurants and shopping centers.