7361 Artesia BlvdBuena Park, CA 90621

This exceptional 8-unit apartment building presents a compelling investment opportunity in the thriving Buena Park, California market. Situated on a 0.39-acre lot, this two-story property, built in 1978, comprises 7,034 square feet of net rentable space, offering a mix of one and two-bedroom units. Recent upgrades include a new roof, gas line, and water heater, along with recently replaced wood siding and tenting. Units feature desirable amenities such as vinyl, tile, and carpet flooring, quartz countertops, recessed lighting, and ceiling fans. Residents enjoy a spacious common area backyard, ample parking (including garage, carport, and surface parking), and an on-site laundry facility. The property boasts a strong location, less than a mile from a major retail corridor and The Source OC shopping mall, and within easy access to Interstate 5 and State Route 91, providing convenient access to major employment centers in both Los Angeles and Orange Counties. Knott's Berry Farm, a significant local employer, is also nearby. The property's current NOI is $125,217, with a pro-forma NOI of $153,618, representing a 4.32% cap rate and a pro-forma cap rate of 5.30%. The asking price is $2,900,000, or $362,500 per unit. The property's strong location and recent improvements contribute to its high occupancy potential within a robust rental market. Drive-by only