Remodeled
For Sale
$2,999,000
7592 Artesia, Buena Park, CA 90621
Four residences offer private backyards, attached garages, and contemporary interior finishes.
Property Size6,600 SF
Days on Market9
Property Features for 7592 Artesia
General Information
Standard status
Active
Size
6,600 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$30,663
Building Details
Building Size
6,600 SF
Year Built
2010
Listing Agency:
Circa Properties, Inc.
(714) 616-0007
Listed By:
Kay Meewan Lee · License #01399595
Source:
Archetyperealty
Added: Aug 21
Changed: Aug 28
Last Checked: Aug 29 at 4:09PM
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 Circa Properties, Inc.
Investment Insights
Based on property information with market context.
This 4-unit property, built in 2010, is arranged as two standalone 3-bedroom duplexes. The approximately 6,420 sq ft building features updated interiors with engineered flooring, stone countertops, refreshed lighting, and wood shutters. Each residence includes an open living arrangement, a primary suite with a large bathroom and walk-in closet, in-unit laundry capability, a private backyard, and an attached garage. Onsite guest parking supplements the dedicated garage spaces.
The property is located in Buena Park with access to the 5 and 91 freeways, major shopping, and Knott's Berry Farm. Its configuration combines four 3-bedroom units with private outdoor areas and garage parking throughout, offering a clearly defined small multifamily layout.
The property is located in Buena Park with access to the 5 and 91 freeways, major shopping, and Knott's Berry Farm. Its configuration combines four 3-bedroom units with private outdoor areas and garage parking throughout, offering a clearly defined small multifamily layout.
Key Highlights
- 4‑unit property built in 2010
- Approximately 6,420 sq ft of total living area
- Two standalone 3‑bedroom duplexes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$139,214
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,784,280
$2.8M
Cap Rate 7%
$1,988,771
$2.0M
Cap Rate 9%
$1,546,822
$1.5M
Market Conditions
NOI Build-Up for 6,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$205.9K $31.20/SF
− Vacancy
−$7.0K −$1.07/SF
EGI
$198.9K $30.13/SF
− OpEx
−$59.7K −$9.04/SF
NOI
$139.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,784,280
Cap Rate 7%
$1,988,771
Cap Rate 9%
$1,546,822
Alternative Uses
Best Use
Multifamily LT 5
$1.99M
$1.74M – $2.32M
NOI $139,214 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$1.80M
$1.57M – $2.10M
NOI $125,976 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,177 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,192
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer private backyards, attached garages, and contemporary interior finishes.
Where is this quadplex located?
The property is located at 7592 Artesia Buena Park, CA.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 4‑unit property built in 2010; Approximately 6,420 sq ft of total living area; Two standalone 3‑bedroom duplexes
