Adult 55+
Address
7222 Melrose Street Buena Park, CA
Price
$ 5,850,000
Property Attributes
  • MLS#PW20225099
  • TypeContingent
  • CountyORANGE
  • CityBuena Park
  • AreaBuena Park
  • NeighborhoodOther
  • Zip90621
  • Style
  • Price$ 5,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15384
  • Lot Size0.69 Acres
Listing Provided Courtesy Of:
David Schwier with David Schwier, Broker.
Property Description

Built in 1987 pride of ownership. This senior/55+ apartment building is quiet, friendly and low maintenance with long term tenants. Each unit is 1bd/1bath with included washer/dryer, wall A/C and owner provided cable TV. Individually metered for gas and electric. Onsite parking through gated entry. Below market rents provide opportunity for more cash flow with rent raises. Large shaded common area great for relaxing and socializing. Minutes from 91 and 5 freeways. Walking distance to The Source - Southern California’s newest lifestyle and entertainment destination, offering a unique, innovative dining, retail, and entertainment experience that is unprecedented in Southern California.

Price History
10/24/2020 Listed $5,850,000

General Features

Appliances Dishwasher, Gas Range, Range Hood
Attached Structure Attached
Carport Spaces 18.00
Community Features Suburban
Cooling Wall/Window Unit(s), Electric
Directions North on Knott Ave from 91. East on Melrose
Garage Spaces 4.00
HOA Fee 0.00
Heating Wall Furnace
Levels One, Two
Listagentaor Pacific West
Listing Agent David Schwier - BRE#01872182
Listing Agent State License 01872182
MLS Area 82 - Buena Park
Parking Features Assigned, Auto Driveway Gate, Carport, Covered, Garage, Off Street
Pool Features None
Price Per Square Foot 380.27
Property Attached Y/N Yes
PropertyCondition Turnkey
Roof Composition, Shingle
Security Features Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Senior Community Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name Other
Subdivision Name Other (OTHR)
Total Units 24
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Appliances Y/N Yes
Common Walls 2+ Common Walls
Dishwasher Count 24
Fireplace Features None
Garbage Disposal Count 24
Heating Y/N Yes
Laundry Features Dryer Included, Inside, Stackable, Washer Included
Laundry Y/N Yes
Number of Wall ACs 24
Numberwithcarpet 24
Range Count 24
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 15384.00
Foundation Details Slab
Lot Features 21-25 Units/Acre
Lot Size Acres 0.6900
Lot Size Area 30056.0000
Lot Size Source Assessor
Lot Size Square Feet 30056.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 24
Number of Separate Gas Meters 24
Number of Separate Water Meters 1
Parking Y/N Yes
Total Parking 25.00
Uncovered Spaces 3.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90621

Price
AVG $930K
$5.85M
Visits
AVG 103
9
Year Built
AVG 1983
1987

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