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Quadruplex at 6651 Western Avenue
$2,500,000
6651 Western Avenue
Buena Park, Orange, 90621
Quadruplex · 4 units
Active · 0 days on market

Deal numbers

Est. cap rate
2.3%
Assumed rent, all units
$9,400/mo
Units
4
Price per unit
$625,000
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.

5.0%
50%
25%
7.00%
Effective gross income
$107,160
Operating expenses
$53,580
Net operating income
$53,580
Annual debt service
$149,693
Annual cash flow
-$96,113
Cash on cash return
-15.4%
Down payment
$625,000

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
4,200 sqft
Lot size
12,632 sqft
Year built
1984
Stories
2
Garage spaces
2
Heating
Central
Cooling
Central Air
Pool
None
Status
Active
Days on market
0
MLS #
248960707

About this property

WELL-MAINTAINED TOWNHOME-STYLE FOURPLEX IN BUENA PARK, ORANGE COUNTY! AN EXCEPTIONAL OPPORTUNITY TO OWN A BEAUTIFULLY MAINTAINED, TOWNHOME-STYLE FOURPLEX IN A CONVENIENT BUENA PARK LOCATION. LOCATED AT 6651 WESTERN AVE, UNITS 1-4, EACH UNIT OFFERS APPROXIMATELY 1,000-1,100 SQ FT, WITH APPROXIMATELY 4,200 SQ FT OF TOTAL LIVING SPACE ON AN APPROXIMATELY 12,600 SQ FT LOT. THIS INVITING PROPERTY FEATURES FOUR TWO-STORY RESIDENCES, EACH OFFERING 2 BEDROOMS, 1.5 BATHROOMS AND 2 CAR ATTACHED GARAGE. UNITS 2 AND 4 FEATURE PRIVATE SIDE YARDS, WHILE UNITS 1 AND 3 HAVE PRIVATE PATIO AREAS, PROVIDING DESIRABLE OUTDOOR SPACE. THE PROPERTY REFLECTS SUBSTANTIAL INVESTMENT AND ONGOING CARE. UNITS 1 AND 4 WERE FULLY REMODELED IN 2026, WITH COMBINED IMPROVEMENTS EXCEEDING $100,000, WHILE UNITS 2 AND 3 WERE REMODELED APPROXIMATELY TWO YEARS AGO. ADDITIONAL UPDATES INCLUDE NEWER AIR CONDITIONING SYSTEMS AND ROOF REPAIRS. TENANTS PAYS OWN ELECTRICITY, GAS, OWNER PAYS WATER, TRASH PICKUP, AND GARDENING EXPENSES. CONVENIENTLY LOCATED NEAR BUENA PARK CITY HALL, THE POLICE DEPARTMENT, THE SOURCE OC, SHOPPING, AND DINING, WITH EASY ACCESS TO THE 5 AND 91 FREEWAYS. WITH ITS COMFORTABLE TOWNHOME-STYLE LAYOUTS, UPDATED INTERIORS, AND CONVENIENT LOCATION, THIS WELL-CARED-FOR FOURPLEX PRESENTS AN APPEALING OPPORTUNITY FOR INVESTORS SEEKING A RESIDENTIAL INCOME PROPERTY IN BUENA PARK.

Location

6651 Western Avenue

Buena Park, Orange, CA, 90621

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

6651 Western Ave, Buena Park CA | Multifamily for Sale