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8407 Locust
About This Property
The first of the two secondary bedrooms was originally configured as two separate bedrooms and now features an attractive archway connecting the rooms, creating a unique suite-like retreat with multiple possibilities for use.
The updated dine-in kitchen and the 2 bathrooms blend modern convenience with classic charm. Interior features include laminate wood flooring throughout the main living areas, tile flooring in the kitchen and bathrooms, and vinyl plank flooring in the bedroom/hall areas. Additional upgrades include dual-pane windows and a newer hot water heater.
Outside, enjoy beautifully maintained, water-wise landscaping designed for easy care. The private backyard is thoughtfully hardscaped and enhanced with a covered patio, decorative concrete-block planter boxes, attractive block wall fencing, and mature fruit trees, including pomegranate, lemon, dragon fruit, fig, and more.
Conveniently located near Knott's Berry Farm, a wide variety of shopping selections, dining, entertainment, and parks, this delightful home offers an exceptional opportunity to enjoy all that Buena Park, the surrounding City of Anaheim, and Orange County have to offer. Convenient access to major freeways. Please see supplements for a floor plan
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Listed by Aliso Niguel Realty | $880,000 | |
| Listed by Aliso Niguel Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017