5842 Western Avenue

Buena Park, CA 90621

$2,965,000
Price
2
Beds
8
Baths
5,616 Sq. Ft.
$528 / Sq. Ft.
5,616
Sq. Ft.
$528
per Sq. Ft.

Description

The Western Apartment Homes has an ideal unit mix of all single story two-bedroom units. Each unit has its own private yard, single car garage and washer dryer hook ups. All of the units have their own individual address. Most of the units have been renovated with new windows, quartz counter tops, and tile floors. Due to the unique features the apartment homes offer, the property has very stable occupancy with historical vacancy below 3%. The property is situated on a large 18,940 SF lot and has...The Western Apartment Homes has an ideal unit mix of all single story two-bedroom units. Each unit has its own private yard, single car garage and washer dryer hook ups. All of the units have their own individual address. Most of the units have been renovated with new windows, quartz counter tops, and tile floors. Due to the unique features the apartment homes offer, the property has very stable occupancy with historical vacancy below 3%. The property is situated on a large 18,940 SF lot and has potential to add ADUs. The property has excellent assumable financing fixed at 3.35%.
  1. Listed by Grant Hahn • DRE #01197893 • Brokerage DRE #01220368 • Morgan Skenderian • gmh@morganskenderian.com
  2. Listed by Doug Rodermund • DRE #01314304 • Brokerage DRE #01220368 • Morgan Skenderian

Property Details for 5842 Western Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5616
Assessor Parcel Number
277-102-27
Property Attached YN
true

Location

Listing Courtesy of Morgan Skenderian, Grant Hahn, DRE #01197893; Morgan Skenderian, Doug Rodermund, DRE #01314304
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LISTING UPDATED: 03/11/2024 08:09 AM

Property Details for 5842 Western Avenue

StatusActive
MLS #PW24015887
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
CountyOrange County

Location

Listing Courtesy of Morgan Skenderian, Grant Hahn, DRE #01197893; Morgan Skenderian, Doug Rodermund, DRE #01314304
Add your commute

Building Information for 5842 Western Avenue

Building/Complex5842 Western AveFloor-Stories1Residences-Pet Policy-Year Built1957Building Size-

Payment Calculator

$18,041 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,181

Property Taxes

$1,860

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5842 Western Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $212,100
  • Gross Scheduled Income: $212,100
  • Vacancy Allowance: 6363
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $148,407
Expense Details
  • Operating Expense: $57,330
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Total Expenses: $62,330
Tax / Assessment Info
  • Tax Tract Number: 729
  • Tax Census Tract: 1106.06
  • CFD/Mello-Roos Fee: $2,025
  • Tax Lot: 85
Community / Development
Community / Development
  • Community Features: Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 8
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $19,600
  • Unit Type Total Rent: $212,100
  • Unit Type Pro Forma: 258720
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8

Property History for 5842 Western Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5842 Western Avenue

Taxable ValueLand$1,632,839Additions$244,327Total$1,877,166
Tax Record2023$22,320 ($1,860 / month)
Home Facts
Beds2Total Finished SqFt702 SqFtAbove Grade Finished SqFt702 SqFtStories1Lot Size18,954 SqFtStyleSingle Family ResidenceYear Built1960CountyORANGEAPN277-102-27

Schools near 5842 Western Avenue

This home is within Fullerton Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Gordon H. Beatty Middle
Public6 to 8

Buena Park High School
Public9 to 12

Buena Park Junior High School
Public6 to 8

La Sierra High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5842 Western Avenue is a multi-family home for sale in Buena Park, CA 90621. This property was listed for sale on January 25, 2024 by Morgan Skenderian, it's currently listed at $2,965,000. It has been on the market for a total of 89 days and was last sold on July 23, 2014. This listing's school districts are Fullerton Joint Union High School District, Buena Park Elementary School District. Nearby schools include Gordon H. Beatty Middle, Buena Park High School and Buena Park Junior High School. 5842 Western Avenue is a 2-bed, 8-bath, 5,616 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Morgan Skenderian, Grant Hahn, DRE #01197893; Morgan Skenderian, Doug Rodermund, DRE #01314304

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.