7361 Artesia Boulevard
Buena Park, CA 90621
Property Overview
Property Facts
- Price $2,850,000
- Price Per Unit $356,250
- Current CAP Rate 4.57%
- Current GIM 14.03
- Year Built 1978
- Building Size (SF) 7,034
- Lot Size (AC) 0.39
- Address 7361 Artesia Boulevard, Buena Park, CA 90621
- APN 066-112-27
- Property Type Multifamily
The Offering
The Leeson Group of Marcus & Millichap is pleased to present 7361 Artesia Boulevard, an 8-unit multifamily property located in Buena Park, California.
Built in 1978 on a 0.39-acre parcel, the property comprises two 1-bedroom/1-bathroom units and six 2-bedroom/1-bathroom units. Residents benefit from convenient amenities including security doors, an on-site laundry facility, and 19 parking spaces. Significant rental upside remains achievable through the completion of a comprehensive unit renovation program, positioning the property for enhanced income potential and long-term appreciation.
Positioned just west of Beach Boulevard, the property offers immediate access to major employment, transportation, and retail destinations. Tenants benefit from walkable proximity to the Buena Park Auto Center, one of the city’s largest employment centers, and are minutes from Interstate 5 and the Buena Park Metrolink Station, providing connectivity throughout Southern California.
Nearby attractions such as The Source OC and multiple grocery-anchored retail centers further enhance the property’s convenience and long-term renter appeal, making 7361 Artesia Boulevard a compelling opportunity for investors seeking stable cash flow and future appreciation potential in a supply-constrained North Orange County market.
