7242 Valley View Street, Buena Park CA, 90620
(Active)
$2,200,000
|
3 beds, 2 Full baths, 1,982 sqft
|
MLS# OC23211729
Last Updated: 5/6/2024 12:36 PM
Description for
7242 Valley View Street
Buena Park, CA 90620
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.
Price
$2,200,000
Orange
3
2 Full
1,982 (approx)
OC23211729
Active
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.
Listing Information
| Property Type: Single Family, 1 Story | ||
| 3 | 2 Full | |
| 0.62 Acres | Assessor | 1,982 (approx) |
| 1953 | Yes-2 spaces | 1 |
Public
Public Sewer
Neighborhood
School Information
| District: Cypress School District | ||
Room Information
| Bathrooms: Main Level: 2 | |||
| 2 | |||
Main Level: 3, Total: 3
Electric Dryer Hookup,Gas Dryer Hookup
Interior Features
Central Air
No Common Walls
main
Gas
All Bedrooms Down
Exterior / Lot Features
2 Garage Spaces,
2 Parking Spaces,
0 Covered Parking Spaces,
None
2-5 Units/Acre
Driving Directions
91 Freeway off at Valleyview go South, 1st house on East side of street before 91 Freeway entrance
Financial Considerations
| 26359319 |
Conventional,Owner May Carry
Listing Price History
Buena Park Real Estate
Buena Park is located in California. Buena Park, California 90620 has a population of 83,038.
The median household income in Buena Park, California 90620 is $88,288. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Buena Park 90620 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 11/15/2023 | Active | $2,200,000 USD 62.96% |
|
| 1/28/2022 | Sold | $1,350,000 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $15,266 USD | 109.64% | $1,377,000 USD | - |
| 2022 | $7,282 USD | 0.72% | $1,377,000 USD | 116.31% |
| 2021 | $7,230 USD | 1.25% | $636,598 USD | 2.00% |
| 2020 | $7,141 USD | 2.50% | $624,116 USD | 1.04% |
| 2019 | $6,967 USD | 1.98% | $617,717 USD | 2.00% |