7242 Valley View Street Buena Park, 90620

Bedrooms:
3
Bathrooms:
2
Square Feet:
1,982 sqft
Price $2,200,000 .00
Approx /month
Get More Details
Sale Price:
$2,200,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Virtual Tour of 7242 Valley View Street , Buena Park 90620

Property Description

Owner of the property is a principal to this transaction and is the developer. The property has received a Tentative parcel Map approval by the City to divide the existing property into 3 separate LOTs. This will be a recorded final map at close of escrow and will have 3 new APNs. The plans allow for a single family residence and an ADU for each new parcel. Specifically the goal in mind was to relocate and remodel the existing house on the property and move it to another part of the lot and construct a new ADU on that LOT (Lot 1). Then you would be able to construct 2 new single family homes of approximately 3500 SF and an 1000 SF ADU on each lot. (Lot 2 and Lot 3) Seller is not paying for any of the permits, this would be responsibility of the buyer. Plans for Lot 1 only will be approved and permit ready. Buyer will need to submit plans for Lots 2/3. Please note, the new buyer is purchasing the approved and finaled Parcel Map, Approved plans for only 1 lot and 1 ADU. This is specifically the existing house relocation. The developer is not including any of the actual construction as a part of this sale. Approved plans only. I will attach the plans for review. Currently the property is being leased for $ 4500 per month.

General Information

Listing Attribution:
Marc Lebanoff,Broker 702-336-0636
Listing Agent:
Marc Lebanoff
CalBRE#:
01899800
Price:
$2,200,000
Status:
Active
Listing Updated:
12/29/2023
List Date:
11/15/2023
Close Date
Square Feet:
1,982
Bedrooms:
3
Bathrooms:
2
Garage Spaces:
2.00
Year Built:
1953
City:
Buena Park
Zip:
90620
County:
Orange
MLS ID:
OC23211729
Buyer Brokerage Compensation:
2.000%
Buyer Brokerage Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
All Bedrooms Down
Exterior Features:
Appliances:
Flooring:
Laundry:
Electric Dryer Hookup, Gas Dryer Hookup
Architectural Style:
Levels:
One
Fireplace Features:
Gas
Cooling:
Central Air
Heating:
Utilities:
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
699 - Not Defined

Lot Information

Lot Size (sq feet):
27,156

Location Information

Directions:
91 Freeway off at Valleyview go South, 1st house on East side of street before 91 Freeway entrance

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

7242 Valley View Street Buena Park CA 90620

Property Type:
Single Family Residence
Bedrooms:
3
Bathrooms:
2
Interior SqFt:
1982
Interior Stories:
1
Year Built:
1953

16 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.7 Miles
$970,000
1.96 Miles
$1,538,000
0.67 Miles
$1,220,000
1.19 Miles
$1,250,000
0.99 Miles
$1,220,000
0.94 Miles
$1,230,000
1.35 Miles
$820,000
1.29 Miles
$1,185,000
1.66 Miles
$1,056,900
1.5 Miles
$1,360,000
0.58 Miles
$1,030,000
1.26 Miles
$1,165,000
0.95 Miles
$1,125,000
1.08 Miles
$1,305,000
0.76 Miles
$992,000
0.83 Miles
$899,000

2 Active Properties

Address
Distance/Miles
Active Price
Details
0.64 Miles
$1,199,543
0 Miles
$2,200,000