Deal numbers
- Est. cap rate
- 1.9%
- Assumed rent, all units
- $9,400/mo
- Units
- 4
- Price per unit
- $749,750
- Est. annual NOI
- $56,400
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $107,160
- Operating expenses
- $53,580
- Net operating income
- $53,580
- Annual debt service
- $179,572
- Annual cash flow
- -$125,992
- Cash on cash return
- -16.8%
- Down payment
- $749,750
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 4
- Building size
- 6,600 sqft
- Lot size
- 12,384 sqft
- Year built
- 2010
- Stories
- 2
- Garage spaces
- 8
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 246250925
About this property
Exceptional fully remodeled 4-unit investment opportunity in the heart of Buena Park. This 2010-built 4plex has been completely modernized by the current owner and now presents as two standalone 3-bedroom duplexes, each with private attached garages. Total living area approximately 6,420 sq ft. Each unit features a contemporary open layout, high-end finishes throughout (engineered flooring, stone countertops, updated lighting, and wood shutters), spacious primary suites with large bathrooms and walk-in closets, in-unit laundry capability, and its own private backyard. Garage parking for every unit plus onsite guest parking further elevates desirability and supports premium rents. Prime central Buena Park location with easy access to the 5 & 91 freeways, major shopping, and Knott’s Berry Farm. Strong demand for quality 3-bedroom rentals in this Koreatown corridor allows proforma rents at the top end of the current market range ($3,800–$4,200+ per unit). The combination of modern condition, private garages, guest parking, and location supports an attractive cap rate on stabilized proforma income. A rare turnkey small multifamily asset that is ready for an investor seeking both current cash flow and long-term upside.
Location
7592 Artesia
Buena Park, Orange, CA, 90621