7531 Knott AveBuena Park, CA 90620

Casa Andini, a 24-unit apartment building in Buena Park, CA, presents a compelling investment opportunity. This fee-simple property boasts 20,784 square feet across four, two-story buildings situated on a 0.89-acre lot (APN 263-491-10). Built in 1973, the property features a mix of one and two-bedroom units, each including a den – a highly desirable amenity. Residents enjoy amenities such as surface, tuck-under, and carport parking, gated access, private patios or balconies, and on-site laundry facilities. The property's current NOI is $396,332, with a pro-forma NOI of $547,791, representing a potential 25.8% increase in rental income. The asking price is $9,500,000, translating to $395,833 per unit and a current cap rate of 4.17%, with a pro-forma cap rate of 5.77%. Its prime location near Knott's Berry Farm, major employers including Yamaha Corporation of America, and convenient access to freeways (SR-91, I-5, and Beach Boulevard) and the Village at Buena Park redevelopment project, positions this property for strong long-term returns. The property is conveniently located near shopping, dining, and entertainment options. Drive-by only