NOT LISTED FOR SALE

7552 9th St Buena Park, CA 90621

3 Beds
3 Baths
1,800 Sq Ft
1952 Built

Last Sold June 14, 2017

Last sale price $750,000 $417 Per Sq Ft

41 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan

About This Home

As of June 2017

Truly a turnkey property that has about 20% upside in rents. A very well maintained property with attractive landscaping makes a great property to own in a wonderful location in Buena Park.

Buena Park is known as the "Center Of The Southland" that sits in between Interstate 5, the 91 Freeway and Beach Boulevard. The city offers a vast variety of retail shopping, eateries and entertainment to choose from. The city has been undergoing a lot of development with nothing bigger than The Source. The Source is approximately 400,000 sq. ft. of retail, office, restaurant, hotel, and entertainment complex.

Last Agent to Sell the Property

Gary Tolfa

Triqor Group License #00955403 Listed on: 05/17/2017

Last Buyer's Agent

Gary Tolfa

Triqor Group License #00955403 Listed on: 05/17/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,491 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Additional Features

  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 748
  • Assessor Parcel Number 27628201

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $630
  • New Taxes Expense $7,969
  • Operating Expense $15,511
  • Gross Income $40,200
  • Net Operating Income $23,483

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

7,491 Sq Ft Lot

Listing Details

  • CapRate: 3.00
  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 27628201
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 416.67

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Appliances: Gas Range
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

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: 7491.00

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Gross Income: 40200.00
  • Gross Multiplier: 19.40
  • Gross Operating Income: 38994.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 630.00
  • Net Operating Income: 23483.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 15511.00
  • Rent Control: No
  • Total Actual Rent: 3350.00
  • Total Expenses: 15511.00

Tax Info

  • New Taxes Expense: 7969.00
  • Tax Census Tract: 1105.00
  • Tax Lot: 18
  • Tax Tract Number: 748
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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
06/14/2017 06/14/17 Sold $750,000 -2.6% $417 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/20/2017 03/20/17 Price Changed $770,000 -1.3% $428 / Sq Ft
02/16/2017 02/16/17 For Sale $780,000 -- $433 / 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 $10,029 $870,437 $777,337 $93,100
2024 $10,029 $853,370 $762,095 $91,275
2023 $9,823 $836,638 $747,152 $89,486
2022 $9,664 $820,234 $732,502 $87,732
2021 $9,593 $804,151 $718,139 $86,012
2020 $9,476 $795,906 $710,775 $85,131
2019 $9,252 $780,300 $696,838 $83,462
2018 $9,075 $785,400 $752,017 $33,383
2017 $5,699 $475,000 $427,904 $47,096
2016 $4,933 $406,100 $359,004 $47,096
2015 $4,724 $400,000 $353,611 $46,389
2014 $4,792 $400,000 $353,611 $46,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17031952

California Regional Multiple Listing Service (CRMLS)

APN: 276-282-01

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