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26688672
26688673

5941 Kingman Ave, Buena Park, CA 90621

TL
CA CA 01451551
Marcus & Millichap - Orange County
NK
CA 02008945
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County
$2,690,000
283 days on market
Updated 30 days ago

5941 Kingman Avenue

Details
APN 277-102-15
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,721
Net Rentable (SqFt) 8,721
Units 8
Cap Rate 4.8%
NOI $129,249
Pro-Forma Cap Rate 7.17%
Pro-Forma NOI $192,938
Price per SqFt $308
Year Built 1966
Buildings 2
Stories 2
Acreage 0.430
Ownership Fee Simple

Multifamily | 8 Units | $336,250/unit

Marketing description

Marcus & Millichap’s The Leeson Group, 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.

*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

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

Listing Contacts

TL
CA CA 01451551
Marcus & Millichap - Orange County
NK
CA 02008945
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$129,249.00
$10,770.75/mo

Valuation Metrics

0
DSCR
4.8%
Cap Rate
4.8%
ROI

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Additional Information

Name
Tyler Leeson
License
CA 01451551
Brokerage Phone
7147139086
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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