7501 5th Street, Buena Park, CA 90621
Commercial property · 2 recorded sales since 2016
Sold May 2016
Listing Agent: Don Barrett (DRE #01108626) · Listing Office: Don Barrett Real Estate · Contact: 714-220-0524 · Bought with: Don Barrett · Don Barrett Real Estate · MLS #PW16076462 · Source: CRMLS
About this commercial property
INVESTORS/DEVELOPERS: This older home is on a 9,365 sq. ft. corner lot that Backs up to a zoned RM-20 developed multi-family structure and across the street from commercial properties and in site of the developing Auto Row at Auto Center Dr. and Western Ave. The Buena Park Planning Department may consider this parcel under utilized given it's prime visibility, location and County Land Use stated as Commercial (NEC) per Realist Tax Roll Records. The city is not opposed to reviewing a commercial concept that works in tandem with the proposed new car dealership along the I-5 corridor ending at Western and running westerly along Auto Center Dr. Even if it is not developed or approved immediately, the property could still generate rental income to cover financing as a 3 bedroom home. With side access off Western and an all concrete huge rear yard, further income could be earned as a tow yard or parking space. This could be a golden opportunity. There is a lot of traffic passing this location daily on Western. The property is highly visible from the Western Overpass over the I-5. Check with the city as far as requirements, processes, and possibilities. The value is in the land and its future use. One of a kind opportunity for the right investor or developer.
Listing description from the May 2016 sale, as reported to CRMLS.
Sale history
