$2,690,000
-$260,0005941 Kingman Avenue, Buena Park CA 90621
Multi-Family (8 Units)
Property type
293 days
On market
$308
Price per sqft
0 cars
Garage
1966
Year built
18,731 sqft
Lot size
Open Houses
Overview
5941 Kingman Avenue is an 8-unit multifamily investment property ideally situated in Buena Park, California. Constructed in 1966, the 8,721-square-foot property offers a compelling unit mix of six two-bedroom units and two three-bedroom units, each averaging more than 1,000 square feet. This desirable configuration caters to families and long-term renters, providing spacious...
Listing provided by: Tyler Leeson DRE #01451551 949-419-3326, Marcus & Millichap RE Invest
Listing updated: Jun 5, 2026 at 06:27pm.
Last checked: Jun 14, 2026 at 05:00am
Source: CRMLS #OC25193169
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 2 | 2 | — | $12,290 | $12,290 | $15,000 | Unfurnished |
| 2 | 3 | 2 | — | $4,200 | $4,200 | $6,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
13.6x
List Price / Annual Gross Rent
Cap Rate
4.8%
NOI / List Price
Gross Scheduled Income: $197,880
Vacancy Allowance: $5,936
Vacancy Allowance Rate: 3%
Operating Expense: $66,895
Net Operating Income: $129,249
Annual Operating Expenses
Insurance: $8,667
Maintenance: $6,400
New Taxes: $30,591
Professional Management: $0
Trash: $6,025
Water / Sewer: $3,445
Interior
Laundry: Common Area
Entry Location: First Level
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 4
Carport Spaces: 8
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 27710215
Additional Parcels: No
Tax Lot: 65
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Sidewalks