8694 Western Ave, Buena Park, CA 90620 - View 1
8694 Western Ave, Buena Park, CA 90620 - View 2
8694 Western Ave, Buena Park, CA 90620 - View 3
8694 Western Ave, Buena Park, CA 90620 - View 4
8694 Western Ave, Buena Park, CA 90620 - View 5
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8694 Western Ave, Buena Park, CA 90620 - View 8
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8694 Western Ave, Buena Park, CA 90620

List Price: $5,000,000On Market FlagOn market
Apr 5, 20251,080 sqft2 beds1 baths
Listed by: Angela Santo
License #: 01514901
Phone #: 714-763-2100
ReMax Tiffany Real Estate
Source:
CRMLS Logo
MLS #: PW25073870

Property Description

Prime Development Opportunity in Buena Park, California We are pleased to present an exceptional development opportunity in the heart of Buena Park, California. This vacant land parcel, spanning 18,208 square feet, offers a rare chance to construct a high-density apartment complex in a thriving and sought-after location. Conceptual plans have been meticulously drawn up and submitted for review by the city, offering two potential options: Option 1: A 62-unit apartment complex with 33 dedicated parking spots, providing ample space for residents and their vehicles. Option 2: A 40-unit apartment complex with 30 conveniently located parking spots, ensuring easy access for all tenants. (Intended to be an independent senior living project.) Buena Park's strategic location, just minutes away from major freeways, shopping centers, dining options, and entertainment venues, makes this property highly desirable for both developers and future residents. The area is known for its strong rental demand, excellent schools, and vibrant community atmosphere, ensuring a steady stream of potential tenants. Don't miss this unique opportunity to capitalize on the growing demand for quality housing in Buena Park. The plans and prime location make this land parcel an attractive investment for developers looking to create a modern, high-density residential community.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$33,405

TurboHome Estimated Value

$1,386,500

$1,284 sqft

High Valuation
$1,455,825
$1348/sqft
Normal Valuation
$1,386,500
$1284/sqft
Low Valuation
$1,317,175
$1220/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1284/sqft$1,386,500

Neighborhood: none

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Comparative Value

$870K

$5.00M

8680 Fillmore Cir, Buena Park, CA 90620

Sale Price: $870,000

Selected Comparable

8868 Buchanan Cir, Buena Park, CA 90620

Sale Price: $880,000

Selected Comparable

7909 Adams Way, Buena Park, CA 90620

Sale Price: $885,000

Selected Comparable

7914 Adams Way, Buena Park, CA 90620

Sale Price: $900,000

Selected Comparable

8736 Roosevelt Cir, Buena Park, CA 90620

Sale Price: $1,010,000

Selected Comparable

8694 Western Ave, Buena Park, CA 90620

List Price: $5,000,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
8694 Western Ave, Buena Park, CA 90620

8694 Western Ave, Buena Park, CA 90620

List: $5,000,000

Listed: 4/5/2025

Area:1,080 sqft
Price/sqft:$4,630
Beds:2
Baths:1
Year Built:
Lot Size:18,208

Comparable Properties

COMPARABLE
Choose comps
8736 Roosevelt Cir, Buena Park, CA 90620

8736 Roosevelt Cir, Buena Park, CA 90620

Sale: $1,010,000

8/5/20250.13 mi

Area:1,286 sqft
Price/sqft:$785
Beds:3
Baths:2
Year Built:
Weight:21.2%
8868 Buchanan Cir, Buena Park, CA 90620

8868 Buchanan Cir, Buena Park, CA 90620

Sale: $880,000

9/24/20240.15 mi

Area:1,072 sqft
Price/sqft:$821
Beds:3
Baths:2
Year Built:
Weight:21.2%
7909 Adams Way, Buena Park, CA 90620

7909 Adams Way, Buena Park, CA 90620

Sale: $885,000

11/20/20240.33 mi

Area:1,167 sqft
Price/sqft:$758
Beds:3
Baths:2
Year Built:
Weight:19.7%
7914 Adams Way, Buena Park, CA 90620

7914 Adams Way, Buena Park, CA 90620

Sale: $900,000

12/11/20240.32 mi

Area:1,171 sqft
Price/sqft:$769
Beds:3
Baths:2
Year Built:
Weight:19.6%
8680 Fillmore Cir, Buena Park, CA 90620

8680 Fillmore Cir, Buena Park, CA 90620

Sale: $870,000

9/9/20240.18 mi

Area:1,212 sqft
Price/sqft:$718
Beds:3
Baths:2
Year Built:
Weight:18.4%

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