Buena Park, CA 90621 5941 Kingman Avenue
$2,690,000



10 more










Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
Home Details
5941 Kingman Avenue is 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.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
Interior Features for 5941 Kingman Avenue
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 5941 Kingman Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.8
Carport Spaces8
Carport Y/NYes
CityBuena Park
Community FeaturesCurbs, Gutter(s), Sidewalks
CountyOrange
DirectionsCross Streets of Kingman Avenue & Artesia Boulevard
Entry LocationFirst level
Garage Spaces
Garage Y/NNo
Gross Income202080
HOANo
HOA Fee$
Insurance Expense8667
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet18730.8
Lot Size UnitsAcres
MLS Area82 - Buena Park
MaintenanceExpense6400
Net Operating Income129249
New ConstructionNo
Number Of Units Total8
Open Parking Spaces4
Operating Expense66895
Pool FeaturesNone
PostalCityBUENA PARK
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameOther
Tax Lot65
Taxes$30,591
Trash Expense6025
Water Sewer Expense3445
Year Built1966
Year Built SourceAssessor
Exterior for 5941 Kingman Avenue
Building Area Total8721
Lot FeaturesStreet Level
Lot Size Acres0.43
Lot Size Area0.43
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Private PoolNo
Total Parking12
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 8,721