7039 Orangethorpe Avenue Buena Park, CA 90621

Building Details

Year Built

1968

Listing agency Rad Commercial Realty

Listed by Majid Radaei, MBA CRE Broker(Hotel, Multi Family) · License #02126758

Source Crexi

Added: Jul 4 Updated: Jul 22 at 7:48AM Checked: Jul 22 at 7:48AM

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Investment Insights

Based on property information with market context.

Horizon Studios is the adaptive reuse of a legacy 101-room motel into a 104-unit studio apartment community. The project is designed as income-restricted housing and is currently vacant while it undergoes its conversion scope of work.

The property is located within the City’s Hotel/Motel Conversion (HMC) Overlay and Housing Incentive Overlay (HIO) zones, which are intended to convert underutilized motel stock into permanent affordable housing. Full offering materials are available through the data room link provided in the remarks.

Key Highlights

• Adaptive reuse of a legacy 101‑room motel into a 104‑unit income‑restricted studio apartment community
• Year built: 1968
• Located within the City of Buena Park Hotel/Motel Conversion (HMC) Overlay and Housing Incentive Overlay (HIO) zones

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FAQs

What type of property is this?

Apartment building - Vacant property converting from a legacy motel into a 104-unit, income-restricted studio apartment community.

Where is this apartment building located?

The property is located at 7039 Orangethorpe Avenue Buena Park, CA.

What are key features of this property?

This property features: Adaptive reuse of a legacy 101‑room motel into a 104‑unit income‑restricted studio apartment community; Year built: 1968; Located within the City of Buena Park Hotel/Motel Conversion (HMC) Overlay and Housing Incentive Overlay (HIO) zones