NOT LISTED FOR SALE

7351 Franklin St Buena Park, CA 90621

8 Beds
4 Baths
3,660 Sq Ft
11,326 Sq Ft Lot

Last Sold March 28, 2024

Last sale price $1,350,000 $369 Per Sq Ft

25 Days on Market

Highlights

  • Corner Lot
  • 4 Car Garage
  • 1-Story Property
  • Laundry Room

About This Home

As of March 2024

Fantastic property in a very enjoyable area of Buena Park, four units 2 bedrooms and 1 bath each, private patios, larger than average corner lot, private laundry rooms, big closets, car garage parking, and ally parking, near and easy freeway access... LOCATION, LOCATION, LOCATION, walking distance to shopping centers and family-friendly neighborhood. DO NOT DISTURB TENANTS... CALL or TEXT NOW for INFORMATION.

Last Agent to Sell the Property

Juan Morales

C-21 Masters Brokerage Phone: 626-664-2451 License #01421943 Listed on: 02/22/2024

Last Buyer's Agent

Juan Morales

C-21 Masters Brokerage Phone: 626-664-2451 License #01421943 Listed on: 02/22/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 11,326 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,660 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 4927
  • Assessor Parcel Number 06612104
  • $1 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Gardener Expense $1
  • Insurance Expense $1
  • Trash Expense $2,472
  • Water Sewer Expense $2,496
  • Operating Expense $4,968
  • Gross Income $66,900
  • Net Operating Income $61,932

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.26 Acres

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: 1
  • Water Sewer Expenses: 2496.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1.00
  • Parcel Number: 06612104
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 368.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 2472.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 66900.00
  • Gross Scheduled Income: 66900.00
  • Insurance Expense: 1.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 61932.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 4968.00
  • Rent Control: No
  • Total Actual Rent: 66900.00
  • Total Expenses: 4968.00

Tax Info

  • Tax Census Tract: 1106.06
  • Tax Lot: 1
  • Tax Tract Number: 4927
  • TaxOtherAnnualAssessmentAmount: 1.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $1,350,000 -3.6% $369 / Sq Ft
02/22/2024 02/22/24 For Sale $1,399,900 -- $382 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,672 $1,377,000 $1,221,521 $155,479
2024 $13,672 $1,165,610 $999,992 $165,618
2023 $13,392 $1,142,755 $980,384 $162,371
2022 $13,175 $1,120,349 $961,161 $159,188
2021 $13,079 $1,098,382 $942,315 $156,067
2020 $12,919 $1,087,120 $932,653 $154,467
2019 $12,613 $1,065,804 $914,365 $151,439
2018 $10,208 $846,600 $741,225 $105,375
2017 $10,065 $830,000 $726,691 $103,309
2016 $8,960 $730,980 $627,671 $103,309
2015 $8,581 $720,000 $618,242 $101,758
2014 $8,701 $720,000 $618,242 $101,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24036258

California Regional Multiple Listing Service (CRMLS)

APN: 066-121-04

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