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Marc Lebanoff · Marc Lebanoff,Broker

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Buy a houseat 7242 Valley View Street, Buena Park, CA 90620

$2,200,000

$0/mo

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Residential

1,982 Sq. Ft.

0.62 Acres lot

3 Bedrooms

2 Bathrooms

544 Days on market

OC23211729 MLS ID

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About 7242 Valley View Street house

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.
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.

Property details

Common walls

No Common Walls

Cooling

Central Air

Current financing

None

Fireplace features

Gas

Laundry features

Electric Dryer Hookup

Gas Dryer Hookup

Levels

One

Pool features

None

Sewer

Public Sewer

Showing contact type

Agent

Special listing conditions

Standard

Structure type

House

View

None

Monthly cost

Estimated monthly cost

$14,019/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jan 28, 2022

Price

$1,350,000

DatePrice
Jan 28, 2022$1,350,000

Schools

This home is within the Buena Park Elementary School District & Fullerton Joint Union High.

Buena Park & Anaheim & Cypress enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,068,000

+$66,000

$2,134,000

Seller agent commission$66,000 (3%)*

$0 (0%)

Buyer agent commission$66,000 (3%)*

$66,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:31 p.m.

Data updated: Aug 13, 2024 at 7:56 p.m.

Property listed by Marc Lebanoff,Broker, Marc Lebanoff 702-336-0636
Based on information from California Regional Multiple Listing Service, Inc. as of 08/13/2024 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2025 California Regional MLS. All Rights Reserved.

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