Description
Under 12 grm! 5.84% current cap! the knott townhouses are a rare opportunity to purchase a well maintained garden-style complex with an excellent unit mix at an attractive cap rate. boasting with all newer roofing and newer copper water lines, the knott townhouses are nicely landscaped with charming curb appeal. this twenty-eight-unit multifamily complex has an excellent unit mix of twenty 2-bed 1-bath units, and eight 3-bed 1.5-bath units. they have gated vehicle and pedestrian access, a security camera system, an appealing center courtyard, and two on-site laundry rooms. a sizable 1.41 acre parcel of land allows for the abundant 56 parking spots, which equates to two spots per unit. the mansard roof gives the upper units some vaulted ceilings, and each unit is separately metered for gas and electricity with wall air-conditioning. current ownership has a feasibility study for two adus, which they can share with a buyer. there is also a potential on two of the buildings to create 14 backyards.
the knott townhouses are located right next to george bellis park, in between the 91 freeway, 5 freeway and beach blvd, giving it excellent access to all of orange county. they are just a block from buena park jr high school, stater bros, target, the source oc shopping mall, and shops at buena park shopping mall. just over a mile is knott’s berry farm, knott’s soak city, and buena park’s entertainment retail. just over 2 miles is los coyotes country club, and los coyotes shopping center, and buena park high school, making this location great to access major retail, educational, and employment opportunities.
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 great neighborhood with convenient 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 the knott townhouses.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
49367433
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Mansard
- Interior Features: Ceiling Fan(s),Quartz Counters
- Property Appliances: Gas Cooktop,Disposal,Gas Oven,Gas Range,Range Hood
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Natural Gas,Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1972
- Building Area Total: 25,484
- Roof: Mansard
Foundation
- Slab
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.41
- Lot Size Source: Assessor
- Lot Size Square Feet: 17859.6
-
Listing Information
Listing Price Information
- Original List Price: 10,200,000
- Listing Contract Date: 2025-04-15
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 27623142
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Paved
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas,Parking Fee
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 82 - Buena Park
- Directions: 5 South, South on Knott Ave, East on 9th St
- Source Property Type: Residential Income
- Area: 82 - Buena Park
- Property SubType: Mixed Use
Building and Construction
- Property Age: 53
- Common Walls: 1 Common Wall
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: First
- Property Attached: Yes
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BuyOwner last updated this listing 04/25/2025 @ 09:31
- MLS: OC25044421
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 25,484 sqft, 17,860 sized lot, and 26 parking. are nearby neighborhoods.