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Sold for $2,780,000
  • Listed by: Morgan Skenderian • Grant Hahn • Contact: 949-251-8800
    Bought with: Pinnacle Real Estate Group
    Tax assessed value
    $2,780,000

    5842 Western Ave, Buena Park, CA 90621

    16beds
    8baths
    5,616sqft
    Multi Family
    Built in 1957
    -- sqft lot
    $2,639,600 Zestimate®
    $495/sqft
    $2,306 Estimated rent

    Home value

    $2,639,600

    $2.24M - $3.06M

    $2,306/mo

    Zestimate® history
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    What's special

    The Western Apartment Homes has an ideal unit mix of all single story two-bedroom units. Each unit has its own private yard, single car garage and washer dryer hook ups. All of the units have their own individual address. Most of the units have been renovated with new windows, quartz counter tops, and tile floors. Due to the unique features the apartment homes offer, the property has very stable occupancy with historical vacancy below 3%. The property is situated on a large 18,940 SF lot and has potential to add ADUs. The property has excellent assumable financing fixed at 3.35%.

    Zillow last checked:

    Listing updated:

    Listed by:

    Grant Hahn DRE #01197893 gmh@morganskenderian.com,

    Morgan Skenderian,

    Doug Rodermund DRE #01314304,

    Morgan Skenderian

    Bought with:

    HONG WANG, DRE #02095849

    Pinnacle Real Estate Group

    Source: CRMLS,MLS#: PW24015887MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    Appliances
    • Laundry: In Garage
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,616
    • Total interior livable area: 5,616 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 8
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 0.43 Acres
    • Features: 16-20 Units/Acre
    Details
    • Parcel number: 27710227
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park
    • Subdivision: Other
    Location
    • Region: Buena Park

    Financial & listing details

    • Price per square foot: $495/sqft
    • Tax assessed value: $2,780,000
    • Annual tax amount: $33,866
    • Date on market: 1/25/2024
    • Cumulative days on market: 159 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan

    Price history

    DateEventPrice
    8/16/2024Sold$2,780,000+1.1%$495/sqft
    Source: CRMLS #PW24015887 Report a problem
    7/31/2024Pending sale$2,750,000$490/sqft
    Source: CRMLS #PW24015887 Report a problem
    7/9/2024Listed for sale$2,750,000$490/sqft
    Source: CRMLS #PW24015887 Report a problem
    6/21/2024Pending sale$2,750,000$490/sqft
    Source: CRMLS #PW24015887 Report a problem
    5/29/2024Price change$2,750,000-7.3%$490/sqft
    Source: CRMLS #PW24015887 Report a problem
    3/11/2024Price change$2,965,000-5.9%$528/sqft
    Source: CRMLS #PW24015887 Report a problem
    3/4/2024Listed for sale$3,150,000$561/sqft
    Source: CRMLS #PW24015887 Report a problem
    3/1/2024Pending sale$3,150,000$561/sqft
    Source: CRMLS #PW24015887 Report a problem
    2/16/2024Listed for sale$3,150,000$561/sqft
    Source: CRMLS #PW24015887 Report a problem
    2/7/2024Pending sale$3,150,000$561/sqft
    Source: CRMLS #PW24015887 Report a problem
    1/25/2024Listed for sale$3,150,000+93.8%$561/sqft
    Source: CRMLS #PW24015887 Report a problem
    7/28/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/10/2022Listed for rent$2,450
    Source: Zillow Rental Manager Report a problem
    9/22/2014Sold$1,625,000-4.4%$289/sqft
    Source: Public Record Report a problem
    6/14/2014Listed for sale$1,699,000$303/sqft
    Source: Marcus & Millichap RE Invest #OC14124614 Report a problem
    5/10/2014Listing removed$1,699,000$303/sqft
    Source: All Time Realtors #PW14025846 Report a problem
    4/23/2014Price change$1,699,000-2.9%$303/sqft
    Source: All Time Realtors #PW14025846 Report a problem
    3/20/2014Price change$1,750,000-5.4%$312/sqft
    Source: All Time Realtors #PW14025846 Report a problem
    3/7/2014Pending sale$1,850,000$329/sqft
    Source: All Time Realtors #PW14025846 Report a problem
    2/7/2014Listed for sale$1,850,000+48%$329/sqft
    Source: All Time Realtors #PW14025846 Report a problem
    8/30/2012Sold$1,250,000$223/sqft
    Source: Public Record Report a problem
    7/7/2012Listed for sale$1,250,000$223/sqft
    Source: Listhub #U12002714 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,866 +48.6%$2,780,000 +45.2%
    2024$22,792 +2.1%$1,914,709 +2%
    2023$22,320 +1.7%$1,877,166 +2%
    2022$21,954 +0.7%$1,840,359 +2%
    2021$21,793 +1.2%$1,804,274 +1%
    2020$21,526 $1,785,774 +2%
    2019$21,526 +2.4%$1,750,759 +2%
    2018$21,024 +3.4%$1,716,431 +2%
    2017$20,337 $1,682,776 +2%
    2016$20,337 +2%$1,649,781 +1.5%
    2015$19,935 +29.7%$1,625,000 +29.4%
    2014$15,371 $1,255,675 +0.5%
    2013-- $1,250,000 +713%
    2012-- $153,758 +2%
    2011-- $150,744 +0.8%
    2010-- $149,618 -0.2%
    2009-- $149,974 +2%
    2008-- $147,034 +2%
    2007-- $144,151 +2%
    2006-- $141,325 +2%
    2005-- $138,554 +2%
    2004-- $135,838 +1.9%
    2003-- $133,349 +2%
    2002-- $130,735 +2%
    2001$1,770 +2.1%$128,172 +2%
    2000$1,734 $125,659
    Find assessor info on the county website

    Neighborhood: 90621

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,639,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,639,600