7245 Harding Circle, Buena Park, California 90620, Buena Park, - bed, bath

home-pic
ACTIVE$1,700,000
7245 Harding Circle, Buena Park, California 90620
6Beds
4Baths
2,801Sqft
10,395Lot
Year Built
1959
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV24248329
Home ConditionFair
Features
Good View: None
View-

About this home

Exceptional Investment Opportunity in Buena Park – 7245 Harding Circle Welcome to 7245 Harding Circle, a unique property with a built-in income stream! This property is home to an in-house medical facility, officially designated as a Congregate Living Health Facility (CLHF), offering specialized care and services. With a monthly rental income of $8,500, this property ensures a stable and consistent cash flow, covering a significant portion or even the entirety of most mortgage payments. Its reliable tenant and proven income make it a worry-free investment. This is a rare opportunity for savvy investors looking for a property with a solid return and a strong tenant base in a high-demand area. The thriving real estate market in Buena Park adds to the property’s long-term appreciation potential. Key Highlights: Location: Prime Buena Park neighborhood. Income Potential: Generates $8,500/month in rent. Tenant Profile: Established and professional medical facility tenant. Don't miss this chance to own an investment that combines steady income with growth potential. For more details or to schedule a showing, contact us today!

Price History

Date
Event
Price
06/16/20
Sold
$1,075,000
11/19/15
Sold
$545,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (111 Listings)
Beds64
96%
Baths42
98%
Square foot2,8011,415
99%
Lot Size10,3956,307
94%
Price$1.7M$926K
99%
Price per square foot$607$618
45%
Built year19599785979
83%
HOA
Days on market329140
96%
Condition Rating
Fair

The property was built in 1959. The images show that it has been renovated to accommodate a medical facility. The bathrooms appear updated, but the overall style and features are aged. The kitchen is not visible in the images. Therefore, the condition is rated as fair.
Pros & Cons

Pros

Income Potential: Generates a substantial $8,500/month in rental income from an established medical facility tenant, providing a reliable cash flow.
Tenant Stability: The property is leased to a professional medical facility (CLHF), ensuring a stable and consistent tenant base.
Location: Located in a prime Buena Park neighborhood, offering potential for long-term appreciation.

Cons

Year Built: The property was built in 1959, which may require updates or renovations to meet modern standards.
Specialized Use: The property's current use as a Congregate Living Health Facility (CLHF) may limit its appeal to a broader range of potential buyers.

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