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Remodeled Townhome-Style Fourplex
New
For Sale
$2,500,000

6651 Western Avenue, Buena Park, CA 90621

Four two-story residences offer private outdoor areas and attached garages, with a mix of recent interior renovations.

Property Size4,200 SF
Lot Size0.29 Acres
Price / SF$595.24
Days on Market7

Property Features for 6651 Western Avenue

General Information

Standard status Active
Size 4,200 SF
Total Parking Spaces 8
Lot size 0.29 Acres
Property subtype Quadruplex

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4
Parking per Unit 2

Additional Details

Highway Access Yes

Amenities

private side yards
private patio areas

Building Details

Building Size 4,200 SF
Year Built 1984
Stories 2
Construction townhome-style
Listing Agency: New Star Realty & Investment
Listed By: Lena Byun · License #01827068
Source: Velocityrealtysd
Added: Oct 26 Changed: Oct 31 Last Checked: Oct 30 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Star Realty & Investment

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Investment Insights

Based on property information with market context.

This fourplex comprises four two-story residences, each with 2 bedrooms, 1.5 bathrooms, and a two-car attached garage. Units 2 and 4 include private side yards; Units 1 and 3 have private patios. The property contains approximately 4,200 square feet of living space on an approximately 12,600-square-foot lot, with individual residences ranging from approximately 1,000 to 1,100 square feet.

Units 1 and 4 were remodeled in 2026, with combined improvements exceeding $100,000; Units 2 and 3 were remodeled approximately two years earlier. The property also has newer air-conditioning systems and roof repairs. Tenants pay their own electricity and gas, while the owner covers water, trash pickup, and gardening.

Nearby destinations include Buena Park City Hall, the police department, The Source OC, shopping, and dining. Access to the 5 and 91 freeways is also noted.

Key Highlights

  • Four two‑story residences, each with 2 bedrooms, 1.5 bathrooms, and a 2‑car attached garage
  • Approximately 4,200 square feet of living space on an approximately 12,600‑square‑foot lot
  • Units 1 and 4 remodeled in 2026; combined improvements exceeded $100,000

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$88,591
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,771,820 $1.8M
Cap Rate 7%
$1,265,586 $1.3M
Cap Rate 9%
$984,344 $984.3K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$131.0K $31.20/SF
− Vacancy
−$4.5K −$1.07/SF
EGI
$126.6K $30.13/SF
− OpEx
−$38.0K −$9.04/SF
NOI
$88.6K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,771,820
Cap Rate 7%
$1,265,586
Cap Rate 9%
$984,344

Alternative Uses

Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,591 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,166 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.41M
$1.23M – $1.65M (±1% cap)
NOI $98,749 @ 7.0% cap · market cap 3.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,895
Businesses Nearby

Demographics for 90621, CA

36,972
Population
11,244
Households
3.3
Avg Household Size
36
Median Age
32%
College-Educated
84%
High-School Grad
4.2 sq mi
ZIP Area
8,803
Density / Sq Mi
$94,679
Median Household Income
$43,063
Median Earnings
$2,061
Median Rent
$734,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-story residences offer private outdoor areas and attached garages, with a mix of recent interior renovations.
Where is this quadplex located?
The property is located at 6651 Western Avenue Buena Park, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Four two‑story residences, each with 2 bedrooms, 1.5 bathrooms, and a 2‑car attached garage; Approximately 4,200 square feet of living space on an approximately 12,600‑square‑foot lot; Units 1 and 4 remodeled in 2026; combined improvements exceeded $100,000
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