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7222 Melrose ST Buena Park, CA 90621
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Key Details
Sold Price $5,325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW20225099
Year Built 1987
Lot Size 0.690 Acres
Property Description
Built in 1987 pride of ownership. This senior/55+ apartment building is quiet, friendly and low maintenance with long term tenants. Each unit is 1bd/1bath with included washer/dryer, wall A/C and owner provided cable TV. Individually metered for gas and electric. Onsite parking through gated entry. Below market rents provide opportunity for more cash flow with rent raises. Large shaded common area great for relaxing and socializing.
Minutes from 91 and 5 freeways. Walking distance to The Source - Southern California’s newest lifestyle and entertainment destination, offering a unique, innovative dining, retail, and entertainment experience that is unprecedented in Southern California.
Location
State CA
County Orange
Area 82 - Buena Park
Interior
Heating Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Fireplaces Type None
Laundry Inside, Stacked
Exterior
Parking Features Assigned, Covered, Carport, Electric Gate, Garage, Off Street
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban, Gated
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition,Shingle
Building
Lot Description 21-25 Units/Acre
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with David Schwier • David Schwier, Broker
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