Updated Income Property in Buena
For Sale
$1,650,000
7581 Fillmore, Buena Park, CA 90620
Income-producing property in prime Buena Park location, near Knott’s Berry Farm.
Property Size3,100 SF
Days on Market201
Property Features for 7581 Fillmore
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Quadruplex
Building Details
Building Size
3,100 SF
Year Built
1962
Listing Agency:
Won Suk Kim Real Estate, Inc.
Listed By:
Ixbalanque Garcia · License #02035537
(323) 202-5885
Source:
Altamirarealty
Added: Apr 8
Changed: Oct 10
Last Checked: Oct 24 at 10:33PM
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 Won Suk Kim Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Located in Buena Park, the income property at 7581 Fillmore is positioned near Knott’s Berry Farm. The property has been recently updated and offers a cap rate of 5.05%. It is located near attractions, shopping, dining, and freeways. The property is located in a sought-after rental market. The bike score is 56, making it bikeable. The walk score is 66, indicating it is somewhat walkable, and the transit score is 39, suggesting some transit options are available.
Key Highlights
- High Income Potential: Solid 5.05% cap rate with strong rental demand.
- Prime Buena Park Location: Minutes from Knott's Berry Farm and major attractions.
- Turnkey Investment: Recently updated, clean, and low‑maintenance.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,170
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,400
$1.2M
Cap Rate 7%
$845,286
$845.3K
Cap Rate 9%
$657,444
$657.4K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$111.6K $36.00/SF
− Vacancy
−$4.0K −$1.30/SF
EGI
$107.6K $34.70/SF
− OpEx
−$48.4K −$15.62/SF
NOI
$59.2K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,400
Cap Rate 7%
$845,286
Cap Rate 9%
$657,444
Alternative Uses
Best Use
Apartment 5plus
$845.3K
$739.6K – $986.2K
NOI $59,170 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$911.1K – $1.21M
NOI $72,886 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
Explore this area
Business Placement
Demographics for 90620, CA
46,564
Population
13,579
Households
3.4
Avg Household Size
40
Median Age
33%
College-Educated
86%
High-School Grad
6.4 sq mi
ZIP Area
7,276
Density / Sq Mi
$122,582
Median Household Income
$49,523
Median Earnings
$2,263
Median Rent
$782,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Income-producing property in prime Buena Park location, near Knott’s Berry Farm.
Where is this residential income property located?
The property is located at 7581 Fillmore Buena Park, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: High Income Potential: Solid 5.05% cap rate with strong rental demand.; Prime Buena Park Location: Minutes from Knott's Berry Farm and major attractions.; Turnkey Investment: Recently updated, clean, and low‑maintenance.
