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Multifamily

5941 Kingman Ave

5941 Kingman Ave, Buena Park, CA 90621

Listing Price: $2,950,000

Cap Rate
3.92%
Number of Units
8
GRM
15.93
Price/Unit
$368,750
Price/Gross SF
$338.26
Gross SF
8,721

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is proud to present the opportunity to acquire 5941 Kingman Avenue, an 8-unit multifamily investment property ideally situated in Buena Park, California.

Constructed in 1966, the 8,721-square-foot property offers a compelling unit mix of six two-bedroom units and two three-bedroom units, each averaging more than 1,000 square feet. This desirable configuration caters to families and long-term renters, providing spacious floor plans rarely found in assets of this size. Residents enjoy a range of on-site amenities including covered and surface parking, two laundry facilities, and a landscaped central courtyard that enhances livability and community appeal. The property’s combination of larger unit layouts and attractive amenities creates strong tenant demand and long-term income stability.

5941 Kingman Avenue also benefits from a prime Buena Park location near key employment centers, shopping destinations, and entertainment. Tenants have convenient access to Knott’s Berry Farm, Buena Park Downtown Mall, The Source OC, Cypress College, and numerous neighborhood schools, along with excellent connectivity via the nearby Interstate 5 and State Route 91 freeways. This accessibility makes the property attractive to a wide renter base commuting throughout Orange and Los Angeles Counties.

Offering a blend of large floorplans, stable tenant demand, and strategic location, 5941 Kingman Avenue represents a rare opportunity for investors to acquire a quality multifamily asset in one of North Orange County’s established rental markets.

Investment Highlights

  • Attractive Unit Mix: Six two-bedroom units and two three-bedroom units cater to families and long-term renters, a highly desirable tenant demographic in Buena Park
  • Amenity-Driven Appeal: A landscaped central courtyard, carport and surface parking, and convenient on-site laundry facilities enhance livability and rental demand
  • Lifestyle Destinations: In close proximity to Knott's Berry Farm, Buena Park Downtown, and The Source OC, enhancing tenant desirability and supporting premium rents
  • Advantageous Location: Access to diverse job markets in both Orange and Los Angeles Counties, with nearby education and healthcare institutions, retail, and hospitality driving rental demand

Exclusively Listed By

Multifamily

5941 Kingman Ave

Listing Price: $2,950,000

Cap Rate
3.92%
Number of Units
8
GRM
15.93
Price/Unit
$368,750
Price/Gross SF
$338.26
Gross SF
8,721

Investment Highlights

  • Attractive Unit Mix: Six two-bedroom units and two three-bedroom units cater to families and long-term renters, a highly desirable tenant demographic in Buena Park
  • Amenity-Driven Appeal: A landscaped central courtyard, carport and surface parking, and convenient on-site laundry facilities enhance livability and rental demand
  • Lifestyle Destinations: In close proximity to Knott's Berry Farm, Buena Park Downtown, and The Source OC, enhancing tenant desirability and supporting premium rents
  • Advantageous Location: Access to diverse job markets in both Orange and Los Angeles Counties, with nearby education and healthcare institutions, retail, and hospitality driving rental demand

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is proud to present the opportunity to acquire 5941 Kingman Avenue, an 8-unit multifamily investment property ideally situated in Buena Park, California. Constructed in 1966, the 8,721-square-foot property offers a compelling unit mix of six two-bedroom units and two three-bedroom units, each averaging more than 1,000 square feet. This desirable configuration caters to families and long-term renters, providing spacious floor plans rarely found in assets of this size. Residents enjoy a range of on-site amenities including covered and surface parking, two laundry facilities, and a landscaped central courtyard that enhances livability and community appeal. The property’s combination of larger unit layouts and attractive amenities creates strong tenant demand and long-term income stability. 5941 Kingman Avenue also benefits from a prime Buena Park location near key employment centers, shopping destinations, and entertainment. Tenants have convenient access to Knott’s Berry Farm, Buena Park Downtown Mall, The Source OC, Cypress College, and numerous neighborhood schools, along with excellent connectivity via the nearby Interstate 5 and State Route 91 freeways. This accessibility makes the property attractive to a wide renter base commuting throughout Orange and Los Angeles Counties. Offering a blend of large floorplans, stable tenant demand, and strategic location, 5941 Kingman Avenue represents a rare opportunity for investors to acquire a quality multifamily asset in one of North Orange County’s established rental markets.

Exclusively Listed By

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