$2,900,000
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7361 Artesia Boulevard Buena Park, CA 90621
Apartment
Residence
Beds
Baths
7,034
Sq. Ft.
0.39
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
7361 Artesia Boulevard is an 8-unit multifamily investment property located in Buena Park, California. The property offers a mix consisting of one and two-bedroom units with interiors featuring vinyl, tile, and carpet flooring, quartz countertops, recessed lighting, ceiling fans, and more. Residents... enjoy amenities including security doors, a spacious common area backyard, and ample parking. 7361 Artesia Boulevard is located within 1 mile of the intersection of Beach Boulevard and Malvern Avenue, a bustling retail corridor home to several neighborhood retail centers. Additionally, the property is just over 1 mile from The Source OC, a modern shopping mall granting residents easy access to a wide variety of retail, dining, and entertainment options. Furthermore, 7361 Artesia Boulevard benefits from its proximity, just under 2 miles, to Knott’s Berry Farm, the city’s top employer with over 4,000 employees per Buena Park’s 2023 Annual Comprehensive Financial Report. Residents enjoy the property’s close proximity to State Route 91 and Interstate 5, providing convenient access to major regional employment hubs throughout Southern California. The Buena Park submarket is among the strongest performing areas in metro Orange County, with an average occupancy of 97.6 percent (Q1 2024) and average year-over-year effective rent increase of 4.2 percent (2023), demonstrating the strong demand for rental housing. Buena Park’s optimal North Orange County location, strong economic growth, and unmatched local attractions have made it one of Southern California’s most desirable and versatile markets. Given the strength of the overall apartment market within the city of Buena Park, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of activities, transportation, and retail amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 7361 Artesia Boulevard.
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MLS#
OC24189398
Property Type
Apartment
Status
Year Built
1974
Square Feet
7,034
sq. ft
Lot Size
0.39
Stories
2.0
Sewer
Public Sewer
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